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Investment property - 3-family house from the Wilhelminian era - 2 apartments available for immediate rental

56130 Bad Ems – Rheinland-Pfalz
270.000 €
6
Room
180 m²
Living Area
178 m²
Plot Area
Private offer
House
Multi-family house

The house was built in 1890 (Gründerzeit) and two of the 3 apartments were extensively renovated in 2015, combining modern living comfort with historical charm (high ceilings on the Belle Etage). Both apartments are currently used by the vendor as maisonettes. However, they can also be rented out again as individual apartments at any time; electricity, water and heating are already separate. There is another apartment on the first floor that is still under construction. It has access to an inner courtyard of 15 sqm that cannot be seen and a rear building of 45 sqm that could be used as an extended guest house. An approved chimney connection is available for the first floor apartment and all pre-installations for heating, water and electricity have already been made.

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Object Number
OM-427189
Object Class
House
Object Type
Multi-family house
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
270.000 €
Purchase additional costs
approx. 17,528 €
Total costs
approx. 287,528 €

Breakdown of Costs

Purchase price 270.000 €
Real estate transfer tax 13,500 € (5.00%)
Notary costs 2,666 € (0.99%)
Land register entry 1,363 € (0.50%)
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

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Estimated monthly rate: 1,055€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.86%

Details

Condition
First occupancy after renovation
Number of floors
3
Usable area
120 m²
Bathrooms (number)
3
Bedrooms (number)
3
Flooring
Laminate, Tiles, Other (see text)
Heating
Central heating
Year of construction
1890
Equipment
Balcony, Terrace, Garden, Basement, Full bath, Shower bath, Sauna, Fitted kitchen, Guest toilet, Fireplace
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The maisonette apartment is spread over 2 floors and offers enough space for the whole family with 2 bathrooms, a sauna, a loggia and two wood-burning stoves. The high-quality furnishings and the historic layout of the rooms create a pleasant living atmosphere. A cellar, 3 storage rooms and an attic offer additional storage space. Heating is provided by gas heating, supplemented by a wood burner. All street-facing windows and doors are double-glazed, soundproofed, with Berlin glazing bars and painted in two colors. The inventory of the maisonette apartment includes a high-quality fitted kitchen with granite worktop (Impala), a dining area with granite slab table, a Hark fireplace tiled stove (approx. 10kw, Bella Rosa), high-quality electrical installations (Berka, Rechteck) and granite floors in the bathrooms (Blueperl). Value of the inventory is approximately €30T.

Location

Central location - pharmacy, doctors, school, kindergarten, grocery store and Emser Therme are within walking distance.

Location Check

Nature
Eating Out
Health
Sports
Child Friendliness
Shopping
Nightlife
Culture
Public Transport

Energy

Main energy source
Gas

Miscellaneous

The purchase price results from the price per square meter for the immediately rentable apartments (120 sqm a 2000€) as well as 30000€ for the fitted kitchen with Miele appliances, granite tops, high-quality fireplace, granite floors, loggia furniture and the sauna. A high-quality video intercom system is available for all 4 apartments.

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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Offer from: Petra Abraham

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