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Well-maintained apartment building with store - fully let - Fulda city center -
36037 Fulda – HessenFor sale is a well-kept apartment building with a store unit with 424.7 sqm of rentable space in a central location in 36037 Fulda. The property is located near Heinrichstrasse and consists of a front building with a store and apartments as well as a rear building with another residential unit.
The building comprises a total of 6 units:
1 store unit on the first floor (approx. 47 m²)
5 residential units with a total rentable area of approx. 377.7 m²
The building was converted/modernized around 1992 (or the early 1990s) and is continuously maintained. The interior was extensively renovated around 2010 and the rear building was newly constructed or completed as a self-contained residential unit in 2020.
The central heating with oil condensing technology dates from 2016. The exterior plaster was renewed and painted in 2018.
The condition is solid and very interesting for investors: fully let, no known major maintenance backlog, good tenant structure.
The property is currently held in the portfolio and is now being sold directly by the owner - there is no broker's commission.
Are you interested in this offer?
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Object Number
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OM-408784
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Object Class
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Apartment building or investment property
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Object Type
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Apartment building
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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1.095.000 €
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Purchase additional costs
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approx. 78,757 €
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Total costs
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approx. 1,173,756 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 3,957€
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Details
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Condition
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Well-kept
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Monument protection object
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Yes
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Year of last modernization
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2021
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Number of floors
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3
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Commercial area
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47 m²
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Total area
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424.7 m²
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Number of parking lots
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2
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Net rental income (target) p.a.
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55200 €
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Net rental income (actual) p.a.
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49800 €
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X-times rental income
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22.00
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Number of units
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6
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1904
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Equipment
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Basement, Full bath, Shower bath, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
Division of the units
Commercial:
Ground floor store, approx. 47 m²
Residential:
Ground floor extension, approx. 54.95 m², fitted kitchen as good as new
1st floor, approx. 71.66 m²
2nd floor, approx. 71.66 m², fitted kitchen as good as new
Top floor, approx. 68.71 m² , fitted kitchen as good as new
rear building, approx. 110.72 m²
Property / areas
Plot size: approx. 317 m²
Total rentable area: approx. 424.7 m² (residential + store)
Basement: approx. 92.86 m² usable area (laundry, technology, storage, etc.),
shared, not rented separately
Location
The property is located close to the city center of Fulda, with good connections to public transport, shopping facilities, schools and restaurants.
The city center and the train station are just a few minutes away.
Location Check
Energy
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Energy efficiency class
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G
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Energy certificate type
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Demand certificate
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Main energy source
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Oil
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Final energy demand
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234.40 kWh/(m²a)
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Miscellaneous
A general financing commitment or proof of capital would be desirable.
Please write to me with fully completed contact details and a telephone number for a call back.
Otherwise, unfortunately, no viewing appointment can be arranged.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Topic portals
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