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Multi Family Investment property with a net yield of 8.5% p.a

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€ 1,175,000 1,362 m² Code DE20303

Description
The house was built in 1963, with annual net revenues 99.342 euros .
From 1996 to date there have been several renovations ever.
Installing new central heating gas.
Insulation Install new windows all apartments.
Since 2001, a draft amendment have metrapei apartments in family ..
All bathrooms have been modernized in this context:
New walls, tiled floors, new sanitary ware.
New tile backsplash and tile in the kitchen.
Tile in entry corridors.
Laminate floors in all apartments.
Installation of new entrances to apartments.
Staircase with tile flooring.
New entry door
Since 2006, improved insulation in all the walls with a thickness of 10 centimeters. Required rotations have been performed under the supervision of engineer.
In total area of all floors podium
was insulated with porcelain tiles about 1,200 έως 1,70 mtr. highly protected from damage.
All the doors of the apartments have been replaced ..
The underground roof and upper floors have provided with insulation 10 cm.
All insulation measures calculated and approved by an engineer.
The measures have over EUR 350.00 per QM-WFL. cost.
The building is a continuous if ananaiosi.
At present the staircase and balconies redrew renovating.
Equipment
Here no longer need to invest an add.

Location

Quiet street close to the boulevard and
City, University Avenue Center.
All shops, public transport, kindergartens, schools within walking distance on foot in a few minutes.
other
In the long term, definitely a good investment with high returns.

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Price per m² € 863
Neighborhood Rest of Rest of Germany (Rest of Germany)
Zone Residential zone
Rooms 32
Floor Basement
Construction year 1963
Levels 3
  • Investment
  • Road type: Asphalt