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Easy-care investment property near Kassel city center without estate agent

34125 Kassel – Hessen
2.700.000 €
1,455 m²
Living Area
1,518 m²
Property
Private offer
apartment building or investment property
apartment building

The property consists of a complex with 3 apartment buildings:
1 eleven-family house built in 1960, 5x3ZKB - 3x2ZKB - 3x1ZKB, total living space of 573 sqm
1 eleven-family house built in 1959, 2x3sqm - 6x2sqm - 3x1sqm, total living space 520 sqm
1 six-family house built approx. 1900, complete renovation 1992, 6x 3ZKB, total living space 362 sqm.
The total living space is 1,455 sqm. All houses have a full basement.
There are also 11 garages and 9 parking spaces in the yard.
The total annual rent is currently €120,000.

Are you interested in this offer?

Object Number
OM-303096
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
2.700.000 €
Purchase additional costs
approx. 192,997 €
Total costs
approx. 2,892,996 €

Breakdown of Costs

Purchase price 2.700.000 €
Real estate transfer tax 162,000 € (6.00%)
Notary costs 20,539 € (0.76%)
Land register entry 10,458 € (0.39%)
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: 8,802€

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 2.89%

Details

Condition
well-kept
Total area
1455 m²
Number of garages
11
Number of parking lots
9
Net rental income (target) p.a.
120000 €
Net rental income (actual) p.a.
120000 €
Number of units
28
Heating
other
Year of construction
1960

Information on equipment

The two 11-family houses were fitted with new plastic windows, front doors and side entrance doors a few years ago and have been thermally insulated. Some of the apartments have already been completely renovated. (Example photos of a refurbished one-bedroom apartment). The apartment sizes vary between 29 sqm and 67 sqm of living space.
All apartments are heated with district heating. Each apartment has its own heat meter and water meter. The consumption of the individual residential units is billed directly to the tenants by the energy suppliers.
Hot water is supplied to all apartments via electric instantaneous water heaters. This means that neither gas nor heating oil is required. This structural design has resulted in extremely simple billing of the other general ancillary costs.

Location

The entire plot measures 1,518 sqm and is located in a very quiet residential area with excellent infrastructure despite being close to the city center:
Discounter, kindergarten, district center, retirement home, elementary school, high schools, all within walking distance. The city center and market hall are only a 10-minute walk away. The bus and streetcar stops are in the immediate vicinity, and the university and municipal clinics are also within easy reach. There are also excellent connections to the highways.
There are low-maintenance green areas in the courtyard of the shared property, as well as 9 parking spaces and 11 garages. The apartments, garages and parking spaces are fully let.

Location Check

Restaurants
Einkaufen
Sport
Medizin
Mobilität
Kultur
Natur
Nachtleben

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
demand certificate
Main energy source
district heating
Final energy demand
129.00 kWh/(m²a)

Miscellaneous

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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