Rented 2-room investment property with balcony – no commission fees.

Whether it's your first property investment or an addition to your existing real estate portfolio, this rented 2-room apartment in Magdeburg offers an attractive purchase price, existing rental income, and desirable features. For €79,500, you can acquire 48.71 square meters of living space on the ground floor of the building at Morgenstraße 30a in Magdeburg. The apartment features two living rooms, a spacious kitchen, a bathroom with natural light, and a balcony overlooking the courtyard, making it an ideal home for singles, retirees, and couples. The apartment is currently rented on a long-term lease and will be sold with the existing rental agreement in place. The monthly net rent is €338, totaling €4,056 per year. Based on the purchase price, this represents a gross rental yield of approximately 5.10%. There is no buyer's commission. Here are the key details at a glance:
* Purchase price: €79,500
* Living space: 48.71 m²
* Purchase price per square meter: €1,632
* Monthly net rent: €338
* Annual net rent: €4,056
* Gross rental yield: approximately 5.10%
* Monthly service charges: €250.26
* No buyer's commission

For those looking to enter the real estate investment market with a single property, this compact unit offers an existing rental agreement. For experienced investors, the apartment provides an opportunity to add a rented two-room apartment in the capital city of Saxony-Anhalt to their portfolio.

The apartment is located at Morgenstraße 30a in Magdeburg-Neue Neustadt. This established neighborhood offers a variety of shops, services, and convenient access to public transportation. Lübecker Straße and Nicolaiplatz are key landmarks in the area.

As a state capital, a university town, and an economic center, Magdeburg offers a diverse range of reasons to live and work here. The Otto-von-Guericke University, the Magdeburg-Stendal University of Applied Sciences, and employers in administration, services, mechanical engineering, and logistics all contribute to the city's character.

This compact two-room apartment appeals to a wide range of potential residents, including young professionals, singles, retirees, and couples. The Elbe River, the Rotehorn City Park, and the Elbauenpark further enhance urban life by providing recreational and leisure opportunities.