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Fully rented apartment building with balconies and large garden

Schneeberger Straße 4, 09126 Chemnitz (Altchemnitz) – Sachsen
599.000 €
584 m²
Living Area
apartment building or investment property
apartment building

The four-storey apartment building with a full basement was built around 1910 on a plot of approx. 1,120 m2 in the south of Chemnitz. There are ten residential units spread over a total area of approx. 584 m2. The property is supplied by gas central heating and has balconies and a large garden. Historic style elements can be found in the stairwell and on the façade. The property is fully let and is not a listed building. The units are fitted with laminate flooring, some with parquet flooring, and tiles. Parking is available directly in front of the building.

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Object Number
OM-244909
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
599.000 €
Purchase additional costs
approx. 40,544 €
Total costs
approx. 639,544 €

Breakdown of Costs

Purchase price 599.000 €
Real estate transfer tax 32,945 € (5.50%)
Notary costs 5,022 € (0.84%)
Land register entry 2,578 € (0.43%)
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: 1,985€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.97%

Details

Condition
well-kept
Total area
584 m²
Net rental income (target) p.a.
36700 €
Net rental income (actual) p.a.
23986 €
X-times rental income
16.40
Number of units
10
Flooring
parquet, laminate, tiles
Heating
central heating
Year of construction
1910
Equipment
balcony, garden
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Location

Located in Altchemnitz, a district in the south of Chemnitz, the house is well connected by the B 95 federal highway through Altchemnitz and both the Chemnitz city train and bus make it very easy to reach. The Chemnitz ACC is located in the immediate vicinity and therefore all stores for daily needs are within walking distance.

Location Check

Natur
550m
Mobilität
100m
Einkaufen
100m
Medizin
150m
Sport
550m
Restaurants
150m
Nachtleben
800m
Kultur

Energy

Final energy consumption
114.90 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
consumption certificate
Main energy source
gas

Miscellaneous

RIRE Assets Sachs GmbH
Bötzowstrasse 26
10407 Berlin

Commercial register: HRB219941B
Register court: Charlottenburg Local Court

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

Nur ein Mal inserieren, auf allen Immobilienportalen veröffentlichen
Phone: 0152 24618721