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Beautiful old building with high development/new-build potential

01129 Dresden – Sachsen
1.390.000 €
623.60 m²
Living Area
910 m²
Property
apartment building or investment property
residential and commercial building

The four-storey residential and commercial building with a full basement was built around 1914 in conventional construction on a 910 m² plot. The rental area is approx. 762 m² and is divided into a total of 9 residential and 2 commercial units with approx. 138 m². The reletting potential is given due to a balanced mix of apartments from approx. 50 m² to approx. 107 m² with normal furnishings as well as the generally low vacancy rate in Pieschen-Nord/Trachenberge. There is also a shed on the property, which is currently used as a warehouse. This offers further expansion potential. A feasibility study for the reconstruction as well as a building description with corresponding plans is available and can be provided.
A total of 3 apartments are strategically rented for a limited period.

Are you interested in this offer?

Object Number
OM-288131
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
by arrangement

Purchase price & additional costs

purchase price
1.390.000 €
Purchase additional costs
approx. 92,817 €
Total costs
approx. 1,482,816 €

Breakdown of Costs

Purchase price 1.390.000 €
Real estate transfer tax 76,450 € (5.50%)
Notary costs 10,829 € (0.78%)
Land register entry 5,538 € (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: 5,023 €

More accuracy in a few seconds:

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
Number of floors
4
Commercial area
138.2 m²
Total area
761.8 m²
Net rental income (actual) p.a.
59231 €
Number of units
11
Flooring
parquet, laminate, tiles, other (see text)
Heating
central heating
Year of construction
1914
Equipment
balcony, garden, basement
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

The roof as well as the waste and fresh water pipes of the apartment building were extensively renovated in the 1990s. Furthermore, gas central heating was installed. The hot water is heated decentrally via instantaneous water heaters or boilers. The electrical risers were renewed and meter boxes in the basement were centralized. The hallway is in a tidy condition. Some of the windows have been replaced with high-quality insulated wooden windows. All residential units were modernized after the tenants moved out. The floors were laid with laminate (living area) and PVC or tiles (kitchen/bathroom). The bathroom and kitchen were given a new modern tiling program and new fittings. The electrical sub-distribution was also renewed.

Location

The property is located in the north-west of Dresden in the Pieschen-Nord/Trachenberge district. In addition to the historically grown city villas from the Wilhelminian era, residential areas from the 1920s and 1930s as well as buildings from the 1970s characterize the district. Together with the neighboring district of Trachau, Pieschen-Nord/Trachenberge is now one of the most popular residential locations in the north of Dresden. Families and professionals in particular appreciate the low-industrial, middle-class residential environment. Along Großenhainer Straße there are numerous shopping facilities for everyday goods, utilities and bus and streetcar stops. Thanks to its proximity to the A4 highway and Dresden Airport, the area is also well connected to long-distance transportation.

Location Check

Einkaufen
Sport
Medizin
Restaurants
Mobilität
Natur
Nachtleben
Kultur

Energy

Main energy source
gas

Miscellaneous

Estate agent inquiries are not welcome!
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

Nur ein Mal inserieren, auf allen Immobilienportalen veröffentlichen
Phone: 030 610820022