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Residential/commercial building, capital/yield property, near the city center in the craftsmen's quarter of WOB

38440 Wolfsburg – Niedersachsen
850.000 €
118 m²
Living Area
361 m²
Plot Area
Private offer
Apartment building or investment property
Residential and commercial building

The property, with a total living/commercial space of 365 square meters, comprises 5 rental units.
There are 2 shops/commercial spaces, measuring 60 square meters and 63 square meters, located on the ground floor.
On the middle floor, there is an office space of 124 square meters. This floor also features 2 balconies.
On the 2nd floor, there are two 2-room apartments, one measuring 61 square meters and the other 57 square meters.
Basement: 8 storage rooms, 1 open heating room, 1 small laundry room.
Parking: 8 parking spaces in the courtyard, 4 of which are covered by a carport.
Outdoor area: A path for potential buyers serves as an access road behind the house.
Condition: Well-maintained, no need for renovations.
The attic is fully accessible via a staircase in the hallway.

Are you interested in this offer?

Object Number
OM-284039
Object Class
Apartment building or investment property
Object Type
Residential and commercial building
Handover from
By arrangement

Purchase price & additional costs

purchase price
850.000 €
Purchase additional costs
approx. 53,234 €
Total costs
approx. 903,233 €
Operating costs allocated p.a.
4,624 €
Non-allocatable operating costs p.a.
5,382 €

Breakdown of Costs

Purchase price 850.000 €
Real estate transfer tax 42,500 € (5.00%)
Notary costs 7,116 € (0.84%)
Land register entry 3,618 € (0.43%)
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: 3,026€

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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 3.34%

Details

Condition
Well-kept
Year of last modernization
2017
Number of floors
2
Commercial area
247 m²
Total area
365 m²
Price per parking space
40 €
Number of carports
4
Number of parking lots
4
Net rental income (actual) p.a.
42500 €
Number of units
5
Flooring
Laminate, Carpet, Tiles
Heating
Central heating
Year of construction
1959
Equipment
Balcony, Basement, Full bath, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Middle school, Comprehensive school, Public transport

Information on equipment

The two shops on the ground floor each have a storefront facing Seilerstraße and an entrance/exit to the building hallway. Two bathrooms were renovated in 2017. The other four bathrooms in the building were renovated around the 1990s. Nearly all the windows have been replaced and are in excellent condition, both aesthetically and technically.
External roller shutters are installed on various windows.

Renovations:
2011: New roof tiles with snow protection grilles.
2017: Renovation of the apartment on the upper left (floor tiles, heating systems, electrical panel, new kitchen, interior and exterior doors).
2017: Renovation of the shop on the lower left (walls, ceilings, floor tiles, heating systems, doors, complete bathroom renovation).
2017: Exterior facade on the front and back, with reinforcement and multiple coats of paint.
2017: Office floor (3 new windows installed).
2022: 160 m² courtyard repaved for 8 parking spaces, and the courtyard fence was renewed.

Location

Seilerstraße is located in the artisan district of downtown Wolfsburg, with numerous small shops, service companies, offices, and restaurants. The upper floors of the surrounding buildings contain apartments for rent. Public parking is readily available throughout the area, and there is a bus stop just 100 meters away. The train station and Volkswagen are a 3-minute walk away. The city center, cinema, and outlet center are all within easy walking distance.

Location Check

Shopping
Eating Out
Health
Culture
Public Transport
Child Friendliness
Nature
Sports
Nightlife

Energy

Energy certificate type
Consumption certificate
Main energy source
District heating
Final energy consumption electricity
23.90 kWh/(m²a)
Final energy consumption heat
131.70 kWh/(m²a)

PDF

Miscellaneous

361 m² of private land, with a centralized locking system.
Energy performance certificates are available: a consumption certificate for the commercial units and a demand certificate for the residential units.
Long-term tenants can be taken over if desired.
Public parking spaces are available directly in front of the building.

IMPORTANT:
There are no real estate agent fees for this sale!

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

Send a message directly to the seller

Questions about the object? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Bettina Brendel

Phone: 05372 974777