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House for sale in Schkopau, Germany
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House for sale in Schkopau, Germany

95 000€

06258 Schkopau

Investment Breakdown

Gross Yield:

6.3%

Time to pay off with rent:

13.2 years

Price Difference:

-15000%

Expected Rent:

600€/month

Property description

This two-story residential and commercial building spans an impressive 120 square meters of living space along with an additional 106 square meters of usable space. The property is partially cellar-equipped and features extensions, alongside a complex of garages totaling 26 units. Built around the year 1887, the building has undergone renovations and modernization between 1995 and 2010. The garages, constructed in 1975, are in satisfactory structural condition. The heating and hot water supply are managed by an oil central heating system. However, the facade shows some slight plaster damage as well as issues due to moisture and paint, which arose from the flooding event in 2013. Despite this, the property holds great potential for both residential and commercial use, situated in the desirable location of Schkopau, which enhances its appeal as a sound investment. The strategic position, combined with the opportunity for further development or refurbishment, makes this property a noteworthy option for investors seeking to capitalize on the growing real estate market in the area.

Location

06258 Schkopau

Date added: 12.12.2024

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