Rental house in Germany, Munich For Sale

Munich, Germany
4 890 900 €
Rental house in Germany, Munich

Description

Apartment house in the center of a large city Bielefeld (population more than 320 thousand people) 

In the building: office space, 2 apartments, a practitioner's office, a retail store, a warehouse Premises. Currently, all premises except one office 451m2 are leased. 

Year of construction: 1950 

Complete reconstruction: 1978 

Building condition: good 

Land area: 496 m2 

Useful area of the building: 2221m2 

Distance: 700m to the main station of the city, 60km to the nearest airport. 

Income from leasing a year (currently): 280,863 € (6. 7% per annum-gross, 5. 1% per annum-net) It is possible to obtain a loan of 2 500 000 € at 2% per annum. Profitability of its capital subject to the purchase of the facility using credit funds: 9. 6% per annum.

Price: 4 200 000 €

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