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PERFECT INVESTMENT PROPERTY* 6 APARTMENTS* IN EXCELLENT CONDITION*

17192 Waren (Waren (Müritz)) – Mecklenburg-Vorpommern
665.000 €
414 m²
Living Area
648 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

The multi-family building, along with the ancillary structure, has a total area of approximately 683 m², comprising two one-room apartments of approximately 34 m² each, one two-room apartment of 37 m², two three-room apartments of approximately 95 m² each, and one four-room apartment of approximately 118 m². This includes ancillary spaces such as hallways and potential for further development. In addition, there are shared spaces such as hallways and stairwells. Furthermore, the ancillary structure, with an area of approximately 117 m², can be converted to provide additional living space in the courtyard. The property covers 648 m² and includes the ancillary structure with storage rooms, gardens, and paved parking spaces for each of the tenants. You are purchasing this property for €1212 per square meter of living space, which is significantly below the market price, and for a completely renovated building with no outstanding repairs! It is no longer possible to build a house of this size for this price! The multi-family building was constructed around 1907 and renovated for the first time in the 1990s. Further modernizations, renovations, and repairs include:
- 2005: Waterproofing of the basement
- 2005: New flooring and screed on the ground floor
- 2006: Facade renovation (including). Renovations:
- 2006: New roof covering for the main building.
- 2009: Replacement of the roof covering (tar paper) and rafters for the outbuilding.
- 2013/2014: Refurbishment of the flooring on the 1st and 2nd floors, including screwing down the wooden planks and partially covering them with plywood.
- 2013/2014: Repainting of all walls, including the staircase, (including mesh).
- 2013/2014: Modernization of the electrical system.
- 2013/2014: Replacement of all flooring.
- 2013/2014: Replacement of all apartment entrance doors and interior doors.
- 2013/2014: Renovation of all bathrooms.
- 2016/2020: Replacement of all kitchens, including built-in appliances.
- 2016/2020: Complete refurbishment of the staircase.
- 2021: Paving of the courtyard.
- 2021: Repainting of the facade.
- 2021: New cladding for the chimney.
- 2021: Replacement of the courtyard door.
- 2021: Restoration of the main entrance door.
- 2021: Painting of the staircase entrance.

This property represents a solid investment with sustainable rental income of €41,352 per year.

Features:
Utilities:
- Electricity (public grid)
- Water (public grid)
- Sewage (public grid)
- Gas (public grid)
- Telephone
- Internet DSL (up to 100 Mbit/s possible)
- Internet LTE (up to 50 Mbit/s possible)
- TV Cable / SAT
- Fiber optic

Building Construction:
- Exterior walls: Solid construction
- Facade: External thermal insulation composite system with new paint (2021)
- Interior walls: Solid construction
- Roof: Gable roof with concrete roof tiles
- Windows: Plastic windows
- Exterior doors: Wood/partially glazed (2021)
- Heating: Gas central heating (2022)

Property Features:
- 6 paved parking spaces
- 2 gardens
- Outbuilding with 6 storage rooms and potential for development.

Are you interested in this offer?

Object Number
OM-464845
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
Immediately

Purchase price & additional costs

purchase price
665.000 €
Purchase additional costs
approx. 48,486 €
Total costs
approx. 713,485 €
Price per m²
1,212.00 €

Breakdown of Costs

Purchase price 665.000 €
Real estate transfer tax 39,900 € (6.00%)
Notary costs 5,688 € (0.86%)
Land register entry 2,898 € (0.44%)
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: 2,492€

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 3.62%

Details

Condition
Rehabilitated
Year of last modernization
2022
Number of floors
3
Total area
683 m²
Other areas
269 m²
Number of parking lots
6
Net rental income (target) p.a.
41352 €
Net rental income (actual) p.a.
41352 €
Number of units
6
Flooring
Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1907
Equipment
Garden, Basement, Full bath, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Over the years, efforts have been consistently made to ensure that tenants always find a modern living environment, and as a result, there has never been any significant vacancy. The two gardens are greatly appreciated by the tenants.

Location

The location is absolutely central, making it perfect for the typical urban lifestyle. All key amenities are within walking distance, which is highly valued by residents. For example, schools and supermarkets are just a few minutes away, as are the Müritz lake, the Volkbad swimming pool, and the Waren (Müritz) harbor.

Location Check

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

Energy

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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