No commission: Residential and commercial building with 3 apartments, commercial space, and 2 garages, located in the city center of Emden.

For sale is a residential and commercial building in an attractive yet quiet city center location in Emden. The building was constructed around 1964 and has a total living and usable area of approximately 182 square meters. The property comprises three residential units and one commercial unit of approximately 38 square meters. Two of the apartments have balconies. The property also includes two garages and a full basement. Each apartment has two rooms, a separate kitchen, and a bathroom. The units have been partially renovated over the years and are generally in a simple, solid condition. The commercial unit on the ground floor, approximately 38 square meters in size, consists of a sales/office area and a rear area with a kitchen and bathroom including a shower. This allows for various uses, such as an office, service business, or a small craft business. The building is heated by a gas condensing boiler installed in 2019. The ceiling of the top floor is insulated. The house is fully basemented. The current annual net cold rent is approximately €24,000. During the upcoming re-letting, there is potential to adjust the rental income. Based on current estimates, a net cold rent of approximately €27,000 per year is realistic. With a purchase price of €325,000, this corresponds to a current gross rental yield of approximately 7.4%, or around 8.3% based on the planned re-letting. The property is being sold directly by the owner, without any additional buyer's commission.

Features:
* Approximately 182 m² of living and usable space
* 3 residential units
* 1 commercial unit, approximately 38 m²
* Each apartment has 2 rooms, with a separate kitchen and bathroom
* 2 apartments have balconies
* Attic apartment
* 2 garages
* Fully basement
* Gas condensing boiler, built in 2019
* Insulated ceiling of the top floor
* White bathrooms
* Partially renovated apartments
* Built in approximately 1964
* Energy consumption below 170 kWh/(m²·a) according to the energy performance certificate
* Central location in the city center
* Sale without commission.

The property is located in a central, downtown area of Emden. The pedestrian zone of Emden, as well as numerous shops, restaurants, and everyday amenities, are in the immediate vicinity and easily accessible on foot.

Despite its central location, the property is situated in a relatively quiet residential area, creating an interesting combination of downtown convenience and residential quality.