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Attention investors: Apartment building in Erfurt's best location *Commission-free*

Moritzwallstraße, 99089 Erfurt (Altstadt) – Thüringen
899.000 €
458 m²
Living Area
375 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

The apartment building for sale was built in 1915.
It consists of a total of ten apartments with a total living space of approx. 457 m2
.
In 2011, the entire system technology (heating, hot water) was
renewed and equipped with a high-quality gas central heating system from Vaillant
equipped. Hot water is also provided centrally. The stairwell was redesigned and repainted in 2012. With its two-tiered green and white tones, the stairwell looks bright, friendly and spacious.
The ten residential units are characterized by well thought-out and sought-after floor plans.
Some apartments have a fitted kitchen and all units have an intercom system. Some of the bathrooms are fitted with windows, suspended WCs and concealed cisterns, showers or bathtubs and white tiles in a timeless style.
All one- and two-room apartments can be let quickly should they become vacant. The apartments have been successively fitted with laminate flooring, and some also have carpeting.
The seller will arrange a rent increase for seven apartments as of 01.07.2021.
Further rent increases are possible in the long term, as the current
rent increase potential has not been fully exhausted.
Each apartment also has its own lockable cellar compartment.

There is a garden behind the building that can be used by tenants in the summer.

There are public parking spaces in front of the building for tenants with cars.

Are you interested in this offer?

Object Number
OM-424938
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
899.000 €
Purchase additional costs
approx. 55,859 €
Total costs
approx. 954,858 €

Breakdown of Costs

Purchase price 899.000 €
Real estate transfer tax 44,950 € (5.00%)
Notary costs 7,211 € (0.80%)
Land register entry 3,698 € (0.41%)
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: 3,224€

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 3.38%

Details

Condition
Well-kept
Number of floors
4
Total area
458 m²
Net rental income (actual) p.a.
46280 €
Number of units
10
Heating
Central heating
Year of construction
1920
Infrastructure
General practitioner, Kindergarten, Primary school, Secondary school, High school, Comprehensive school, Public transport

Location

The property is located on the edge of the Altstadt district, not far from
from "Little Venice".
The Department of Architecture at Erfurt University of Applied Sciences and the main building of Erfurt University of Applied Sciences are in the immediate vicinity. As a result, demand for the two-room apartments is very high, particularly among students, but commuters, single people and couples also love the location on the edge of the old town.

There are five supermarkets between 250 m and 600 m away, including Rewe, Penny and Nahkauf. Within a few minutes' walk you can reach all
facilities for daily needs, such as banks, doctors, pharmacies, bakeries, cafés and restaurants,
bakeries, cafés and restaurants.

Location Check

Eating Out
100m
Shopping
100m
Health
150m
Child Friendliness
100m
Culture
200m
Sports
150m
Nightlife
100m
Public Transport
400m
Nature
50m

Energy

Final energy consumption
142.00 kWh/(m²a)
Energy efficiency class
E
Energy certificate type
Consumption certificate
Main energy source
Gas

PDF

Miscellaneous

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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