4.6% yield in Andreasvorstadt - modernized - EBK and parking space included - potential

I am offering a bright apartment in the Andreasvorstadt in Erfurt, which was extensively modernized in 2020 and 2021. The apartment is located on the 2nd floor of Bergstraße and has been rented very well since 15.05.2021 as first occupancy after modernization. In 2020, the entire bathroom was gutted, the floor replaced, doors and frames renewed and the kitchen replaced. Another major plus point is the parking space in the courtyard that comes with the apartment. The driveway is secured by an electrically operated access gate. A spacious cellar also belongs to the apartment. The apartment is ideal for long-term or short-term furnished rentals. The rental demand is very high. If interested, the apartment can also be purchased in a package with another apartment in the neighbouring building, which also belongs to the condominium owners' association, which is located on the ground floor, has a very large balcony, is also modernized and also has its own parking space. Like the parking space, the fitted kitchen is also included in the purchase price. The property is being sold privately without an estate agent, so there is no brokerage fee. The current net rent including parking space rent is EUR 469 per month.

The apartment is located at Bergstraße 13, which has excellent public transport connections. The nearest streetcar stop is only 400m away. Domplatz can be reached in two stops, or alternatively in 15 minutes on foot.
The main train station can be reached by streetcar in 15 minutes. Schools, doctors, sports facilities and supermarkets are in the immediate vicinity.