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High-yield apartment house with Wilhelminian architecture and roof terrace

01099 Dresden (Neustadt) – Sachsen
1.600.000 €
594.10 m²
Living Area
690 m²
Property
apartment building or investment property
residential and commercial building

The apartment building with a full basement and Wilhelminian-style architecture was built around 1900 with numerous decorative elements on the façade and balconies. The property was completely renovated in the mid-1990s. There are 3 parking spaces on the 690 m² plot. The total rental area is approx. 776 m² and is divided into 7 residential and two commercial units. The optimal apartment mix with popular apartment sizes from approx. 59 m² to 107 m² guarantees a sustainable rental.

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Object Number
OM-271389
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
by arrangement

Purchase price & additional costs

purchase price
1.600.000 €
Purchase additional costs
approx. 106,920 €
Total costs
approx. 1,706,920 €

Breakdown of Costs

Purchase price 1.600.000 €
Real estate transfer tax 88,000 € (5.50%)
Notary costs 12,543 € (0.78%)
Land register entry 6,378 € (0.40%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 5,781 €

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.42%

Details

Condition
well-kept
Monument protection object
Yes
Number of floors
4
Commercial area
182 m²
Total area
776.1 m²
Number of parking lots
3
Net rental income (actual) p.a.
59098 €
Number of units
9
Flooring
laminate, tiles
Heating
central heating
Year of construction
1900
Equipment
basement, roof terrace
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

In the course of the core renovation in 1993, the building was completely modernized. Furthermore, the facades, the house entrance areas and the staircases, the roof, as well as the building services/strands (gas, water, electrical installations) were completely renewed. All apartments were modernized, the bathrooms were completely renewed and equipped with contemporary bathtubs or showers. The floors in the apartments were covered with laminate (living rooms) and tiles (kitchens and bathrooms). Insulated wooden windows and an intercom system were installed. The heating and the hot water supply is provided by a gas central heating (year of construction 1993). The property is in a well-kept condition.

Location

The charming corner house is located northeast of the center of Dresden in the Radeberger Vorstadt district. At that time, the so-called "Prussian Quarter" was inhabited exclusively by high-ranking officers and officials. The streetscape of the Radeberger Vorstadt is largely characterized by the city villas built around 1900. Due to the direct neighborhood to the trendy district Dresdner Neustadt with stores for daily needs, bars and restaurants, more and more young families and students move to the Radeberger Vorstadt. In addition to small restaurants such as the "Brauhaus am Waldschlößchen" with a fantastic view over the Elbe valley, there are a variety of leisure activities on the Elbe and in the Dresden Heath. Public transport is well connected in the Radeberger Vorstadt by bus and streetcar.

Location Check

Natur
Sport
Medizin
Mobilität
Restaurants
Einkaufen
Nachtleben
Kultur

Energy

Main energy source
gas

Miscellaneous

No estate agents!
The offer comes directly from the owner.
Only qualified inquiries with telephone number, e-mail address and full contact details will be processed.

Mähren Grundbesitz Pallas GmbH
Kurfürstendamm 185
10707 Berlin

Tel: 030 50509080
E-Mail: wunnicke@maehren.ag
Registere­d office: Berlin, Managing Director: Jakob Mähren
Local Court Charlottenburg (HRB 207958 B) | UST-ID-NR. DE 337382958

Broker inquiries not welcome!

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Offer from: David Wunnicke