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1.949.000 €
600 m²
Living Area
1,000 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

This is a multi-family building with a commercial unit on the ground floor. It contains 7 apartments, each with a balcony. Several apartments have been recently renovated, meaning the electrical systems, flooring, bathrooms, kitchens, and painting have all been updated. The apartments have well-designed layouts. Each apartment includes a storage room in the basement. The commercial unit is fully underground. In the courtyard, there is a garage, a carport, and parking spaces. There are additional parking spaces and a green area facing the street.

The net cold rent is expected to increase by approximately €7,500 per year in the medium term, reaching approximately €108,500 per year.

The ground floor has a side wing that extends diagonally towards the back. Subject to approval from the relevant building authority, the building could potentially be extended upwards with additional apartments in this area.

The attic space on the right side could be further developed with larger dormer windows and the conversion of the attic itself.

Are you interested in this offer?

Object Number
OM-491782
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.949.000 €
Purchase additional costs
approx. 149,090 €
Total costs
approx. 2,098,089 €
Price per m²
1,925.00 €

Breakdown of Costs

Purchase price 1.949.000 €
Real estate transfer tax 126,685 € (6.50%)
Notary costs 14,827 € (0.76%)
Land register entry 7,578 € (0.39%)
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: 7,679€

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 3.91%

Details

Condition
Well-kept
Year of last modernization
2019
Number of floors
5
Level
Ground floor
Commercial area
241 m²
Total area
1016 m²
Other areas
175 m²
Number of garages
1
Number of carports
2
Number of parking lots
12
Net rental income (target) p.a.
101000 €
Net rental income (actual) p.a.
98000 €
X-times rental income
19.30
Number of units
8
Flooring
Parquet, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1965
Equipment
Balcony, Basement, Roof terrace, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, High school, Public transport

Information on equipment

Hot water is supplied to all apartments, with one exception, via electric instantaneous water heaters. All apartments have a built-in kitchen. The apartments all have bathtubs.

The apartment in the left-hand side of the attic floor has a bathtub and a shower in the bathroom. The attic apartment was completely renovated in 2011. Some of the windows have been replaced.

Location

The house is located directly opposite the University Hospital in Kiel, and very close to the Hindenburgufer promenade, the city center of Kiel, and the Dreiecksplatz. All of these locations are easily accessible on foot.
There is a bus stop located nearby.

Location Check

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

Energy

Energy efficiency class
D
Energy certificate type
Demand certificate
Main energy source
District heating
Final energy demand
122.60 kWh/(m²a)

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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Offer from: Hendrik Fröber