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Charming multi-family house in a central location - no commission fees!
24939 Flensburg – Schleswig-HolsteinThis multi-family building, constructed around 1910, is located in the popular and centrally located Duburg district. Due to its central location, shops, schools, kindergartens, and public transportation are all within easy reach. The city center of Flensburg and the harbor are just a few minutes' walk away.
Thanks to its excellent location and existing potential, this property represents a long-term attractive investment opportunity.
Currently, the property generates a net cold rental income of €27,564.00 per year. The two current vacancies on the ground floor (left side) and on the first floor (right side) are not included in this figure. With full occupancy, a net cold rental income of approximately €39,500.00 per year can be expected.
Are you interested in this offer?
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Object Number
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OM-444653
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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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500.000 €
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Purchase additional costs
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approx. 39,365 €
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Total costs
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approx. 539,365 €
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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: 1,830€
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Details
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Condition
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No information
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Number of floors
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4
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Level
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3rd floor
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Total area
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383 m²
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Net rental income (target) p.a.
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27564 €
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Number of units
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8
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Flooring
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Laminate, Carpet, Tiles, Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1910
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Equipment
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Balcony, Basement, 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
The multi-family building comprises 8 units with a total rentable area of approximately 383.00 m². The breakdown is as follows:
Ground floor, left: approximately 55.00 m²
Ground floor, right: approximately 40.00 m²
First floor, left: approximately 40.00 m²
First floor, right: approximately 55.00 m²
Second floor, left: approximately 55.00 m²
Second floor, right: approximately 40.00 m²
Third floor, left: approximately 38.00 m²
Third floor, right: approximately 60.00 m²
The property is heated by district heating. The rear balcony structure was built in 2012. The property features a mix of double-glazed plastic windows and wooden windows.
Location
The house is centrally located in the popular Duburg district. All essential amenities are within easy reach. The same applies to public transportation links.
Location Check
Energy
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Energy efficiency class
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E
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Energy certificate type
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Demand certificate
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Main energy source
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District heating
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Final energy demand
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152.80 kWh/(m²a)
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Miscellaneous
Topic portals
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