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Commission-free residential and commercial building with 8.0 % yield

Zwötzner Straße 20, 07551 Gera – Thüringen
650.000 €
566.87 m²
Living Area
Apartment building or investment property
Residential and commercial building

Located in the southern part of Gera, this fully occupied residential and commercial building features two commercial units and ten apartments.
The apartments, ranging in size from approximately 35 square meters to approximately 127 square meters, all have bathrooms with a bathtub and shower. Most of the apartments are one-, two-, or three-room units, with only one unit in the rear building being a five-room apartment. Each unit is equipped with an intercom system.
All units feature tiled and laminate flooring.
The building is heated by a central gas heating system.

Are you interested in this offer?

Object Number
OM-390532
Object Class
Apartment building or investment property
Object Type
Residential and commercial building
Handover from
By arrangement

Purchase price & additional costs

purchase price
650.000 €
Purchase additional costs
approx. 41,086 €
Total costs
approx. 691,085 €
Price per m²
745.00 €

Breakdown of Costs

Purchase price 650.000 €
Real estate transfer tax 32,500 € (5.00%)
Notary costs 5,688 € (0.88%)
Land register entry 2,898 € (0.45%)
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: 2,648€

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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 4.11%

Details

Condition
Modernized
Year of last modernization
2024
Number of floors
4
Commercial area
305.0 m²
Total area
871.9 m²
Net rental income (target) p.a.
52367 €
Net rental income (actual) p.a.
52367 €
X-times rental income
12.44
Flooring
Laminate, Tiles
Heating
Central heating
Year of construction
1930
Equipment
Balcony, Basement, Full bath, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Public transport

Location

Located in Gera-Debschwitz, there is a bus stop just about 100 meters away. The tram stop is within a few minutes' walk. Shops for daily necessities are nearby.

Gera has excellent transport links, with easy access via the A4 motorway, train connections, and federal highways.

Location Check

Shopping
400m
Child Friendliness
550m
Health
650m
Sports
200m
Eating Out
400m
Culture
1.5km
Nature
450m
Nightlife
50m
Public Transport
150m

Energy

Energy certificate type
Consumption certificate
Main energy source
Gas
Final energy consumption electricity
67.60 kWh/(m²a)
Final energy consumption heat
67.60 kWh/(m²a)

PDF

Miscellaneous

RIRE Assets Ost GmbH
Bötzowstraße 26
10407 Berlin

Commercial Register: HRB 219358
Registering Court: Charlottenburg Local Court

Represented by:
Benedikt Richter

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

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

Click here to send a message to the provider:

Offer from: Max Munsche

Phone: 0152 24618721