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Investment property - 2 residential buildings with stores in a sought-after location in the UNI town of Marburg - Oberstadt
35037 Marburg – HessenCapital investment ! -2 connected residential buildings with lavishly renovated store with small outdoor restaurant in a highly sought-after location in the historic upper town in the university town of Marburg.
The historic house from the year of construction around 1600 is always fully let, and when tenants change there are always complete re-lettings.
The property can also be regarded as a very secure rental location in the future.
The living space totals approx. 420 sqm, the rented commercial space is approx. 114 sqm.
Extensive renovation work has been carried out in the half-timbered house in recent years; the bathrooms, apartments, stairwell and, above all, the store have been extensively renovated and are therefore in good condition.
Graduated rental agreements will result in a further significant rent increase in the coming year, leading to a rental income of approx. 104,520.00 per year (from 6.25)
Are you interested in this offer?
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Object Number
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OM-310460
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Object Class
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apartment building or investment property
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Object Type
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residential and commercial building
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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1.695.000 €
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Purchase additional costs
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approx. 121,376 €
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Total costs
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approx. 1,816,376 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 5,661€
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Details
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Condition
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renovated
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Year of last modernization
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2023
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Number of floors
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4
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Commercial area
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114 m²
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Total area
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534 m²
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Net rental income (target) p.a.
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104520 €
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Net rental income (actual) p.a.
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98520 €
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X-times rental income
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17.20
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Number of units
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7
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Flooring
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tiles, vinyl / PVC
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Heating
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floor heating
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Year of construction
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1600
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Equipment
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shower bath, fitted kitchen, guest toilet
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
Modern, newly renovated bathrooms, fitted kitchens available.
Location
Very good and popular location in the historic upper town / pedestrian zone of the university town of Marburg.
All shopping facilities, doctors, schools, day-care centers, public transport and university faculties are available in the immediate vicinity.
Location Check
Energy
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Main energy source
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gas
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Miscellaneous
If you are interested, please contact us by email.
We will then be happy to send you further property documents and information.
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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