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Top 5 Condominiums.
38875 Oberharz am Brocken (Elbingerode (Harz)) – Sachsen-AnhaltFor sale is a fully let property with 5 residential units in the town center of Elbingerode (municipality of Oberharz am Brocken).
Purchase price: €329,000
Current annual gross rent: €28,440
Current gross yield: approximately 8.6% per year.
Type: 5 apartments
Year of construction: 2000
Land area: 587 m2
Living space: as per individual details
Location: central town center
The 5 apartments are let on long-term leases.
No outstanding investment needs!
Are you interested in this offer?
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Object Number
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OM-442660
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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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By arrangement
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Purchase price & additional costs
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purchase price
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329.000 €
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Purchase additional costs
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approx. 21,204 €
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Total costs
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approx. 350,204 €
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Price per m²
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966.00 €
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Operating costs allocated p.a.
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11,700 €
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Non-allocatable operating costs p.a.
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2,100 €
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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
Does this property fit my budget?
Estimated monthly rate: 1,248€
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
Details
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Condition
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Well-kept
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Year of last modernization
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2024
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Number of floors
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3
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Total area
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346.4 m²
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Number of parking lots
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4
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Net rental income (target) p.a.
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28440 €
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Net rental income (actual) p.a.
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28440 €
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Number of units
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5
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Flooring
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Parquet, Laminate, Tiles, Vinyl / PVC
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Heating
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Underfloor heating
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Year of construction
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2000
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Equipment
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Balcony, Basement, Full bath, Shower bath, Fitted kitchen, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, Comprehensive school, Public transport
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Information on equipment
- Central heating: Gas
- Underfloor heating in all rooms
- All apartments include a fitted kitchen
- Fully equipped bathrooms, completely tiled.
Location
The property is located in a central area, approximately 50 meters from the market square in the town of Elbingerode. Shops, doctors, pharmacies, and other facilities (kindergarten, schools) are within walking distance.
It's only about a 12-minute drive (by car) to Wernigerode, one of the most popular towns in the Harz region, known for its historic old town and high tourist demand.
Location Check
Energy
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Final energy consumption
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82.03 kWh/(m²a)
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Energy efficiency class
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C
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Miscellaneous
The stated return is based on current rental income or projections regarding market development. Individual results may vary depending on financing, operating costs, and future market conditions.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Topic portals
Send a message directly to the seller
Questions about the object? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Frank Lorenz
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