House for sale • 662 m² without real estate, Bavaria

Sanitized residential and commercial building with 6 residential units and a long-term leased commercial unit in the city center – cash flow positive

Purchase Price: EUR 1,790,000

No commission (Share Deal possible – no real estate transfer tax payable) in a redevelopment area and city center

662 sqm of residential and commercial space plus garage

Cold rental income:

EUR 7,500 per month

EUR 90,000 per year

yield: 5% (cash flow positive)*

The building is suitable as an investment property. It is also possible to occupy units as an owner.

Maintenance

Modernization of the electrical system in 2024

Modernization of the heating and sanitary systems in 2024

Viessmann oil heating system, built around 2016

Bayerwald plastic insulated windows circa 2009

Facade partly insulated and refurbished

Distribution

Ground floor commercial unit (rented reliably and at market rates for over 20 years)

1st floor: 2 newly developed apartments

2nd floor: 1 apartment

3rd floor: 2 newly developed apartments

Garage

Viewings and full document review are possible upon presentation of proof of equity and a bank financing confirmation, by appointment. Please contact us with your telephone number.

* The current loan interest rate is approximately 3.5%, which means that after deducting the repayment, the property is cash flow positive. This means the property pays for itself without any necessary additional contribution.

All information has been provided to the best of our knowledge and belief and is based on the information available to the seller. All details are provided without any guarantee. The sale is made excluding any warranty for material defects.