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38118 Braunschweig
Property Description: This stylish and high-quality renovated apartment building was built in 1926 on a green plot of approximately 535 m². It is characterized by its characteristic architectural style of the 1920s. The total living space is approximately 475 m² and is spread over 19 rooms in 6 apartments. Additionally, the apartment building offers a usable area of approximately 20 m² and is fully basemented. The six apartments, including a 120 m² duplex apartment with two fitted kitchens (from 2011 and 2013), are currently long-term rented out. With an annual net cold rent of approximately €46,647, this property offers an attractive return opportunity for investors. Over the past twelve years, all essential maintenance elements of the property have been gradually renewed. These include: heating, roof, insulation, floors, bathrooms, doors, balconies, pipelines, electrical wiring, fiber optic connection, and exterior areas. The information provided in this document is based on data from the seller or owner. No guarantee is given for the accuracy of the information. Please refer to the "General Terms and Conditions" in the exposé. Thoughts on Price: The price of 1.200.000€ for this property is reflective of the high-quality renovations and maintenance that have been done over the years. Additionally, with a net cold rent of approximately €46,647 per year, investors can expect a good return on their investment. The property's desirable location in Braunschweig and its stylish 1920s architectural charm make it a rare find on the market. Overall, this property offers a great opportunity for investors looking for a stable and profitable real estate investment.
38118 Braunschweig