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7.99% yield - Well-maintained apartment building in a central location in Gotha - commission-free

Remstädter Straße 10, 99867 Gotha – Thüringen
1.080.000 €
865 m²
Living Area
650 m²
Property
apartment building or investment property
apartment building

The apartment building, built around 1930 in a central Gotha location, has a living space of approx. 865 square meters spread over 15 residential units. The city center, stores for daily needs and schools are within easy walking distance.
The house has two separate entrances, is divided into 2 house numbers and stands on a plot of approx.
on a plot of approx. 650 m2.
The house has a full basement.
The first half of the house, with nine units, has been partially renovated and converted into apartments. The other half of the house, with six residential units, contains three residential units that are conventionally rented out and three residential units serve as apartments.

Are you interested in this offer?

Object Number
OM-242585
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
1.080.000 €
Purchase additional costs
approx. 83,257 €
Total costs
approx. 1,163,256 €

Breakdown of Costs

Purchase price 1.080.000 €
Real estate transfer tax 70,200 € (6.50%)
Notary costs 8,639 € (0.80%)
Land register entry 4,418 € (0.41%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 3,614€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.02%

Details

Condition
well-kept
Total area
865 m²
Net rental income (actual) p.a.
86256 €
X-times rental income
12.50
Flooring
laminate, tiles
Heating
central heating
Year of construction
1930
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

WE1 - ground floor left = 90.00 m2 - 4 rooms
WE2 - ground floor right / left = 55.00 m2 - 2 rooms
WE3 - ground floor right / right = 35.00 m2 - 1 room
WE4 - 1G right = 90.00 m2 - 4 rooms
WE5 - 1G left / left = 55.00 m2 - 2 rooms
WE6 - 1GROO left / right = 35.00 m2 - 1 room
WE7 - 2OG right = 90.00 m2 - 4 rooms
WE8 - 2OG left / left = 55.00 m2 - 2 rooms
WE9 - 2OG left / right = 35.00 m2 - 1 room
Apartment layout entrance 10a
-------------------------­----------------------------
­WE10 - ground floor left = 57.00 m2 - 3 rooms
WE11 - ground floor right = 48.00 m2 - 3 rooms
WE12 - 1G to the left = 60.00 m2 - 3 rooms
WE13 - 1OG right = 50.00 m2 - 2 rooms
WE14 - 2OG left = 60.00 m2 - 3 rooms
WE15 - 2OG right = 50.00 m2 - 2 rooms

Location

The fifth largest city in Thuringia, at the foot of the Thuringian Forest,
is located just 25 km west of the state capital Erfurt and benefits from its proximity to the latter. The city of Gotha, with its 50,000 inhabitants, is easily accessible thanks to its connection to the A4 and its links to local and long-distance transport. Gotha has enjoyed city status since the 12th century and has developed into an important location for business, art and culture during this time. A large number of historical buildings and monuments bear witness to the history of the former royal seat. A wide range of childcare facilities, schools, grammar schools and technical colleges, a number of local recreational areas - such as the Seeberg, Krahnberg and Boxberg - and, last but not least, Friedenstein Palace, with its unique art collections, which is famous far beyond Germany's borders, give Gotha a high quality of life for young and old.

Location Check

Restaurants
350m
Einkaufen
300m
Medizin
400m
Sport
100m
Kultur
200m
Natur
250m
Mobilität
250m
Nachtleben
200m

Energy

Energy certificate type
consumption certificate
Main energy source
gas
Energy consumption value
200.10 kWh/(m²a)
Energy consumption for hot water included

PDF

Miscellaneous

RIRE Assets East GmbH
Bötzowstraße 26
10407 Berlin

Commercial register: HRB 219620
Register court: Charlottenburg Local Court

Represented by:
Benedikt Richter

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Benedikt Richter

Phone: 0152 24618721