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Secret Sale - Apartment house in central location Ulm
89081 Ulm – Baden-WürttembergThis 3-family house in need of renovation offers ideal conditions for investors or owner-occupiers who want to realize an individual project. The property is offered with a renovation schedule and a detailed cost estimate so that the renovation can be optimally planned. On request, it is also possible to arrange an experienced general contractor who can carry out the entire conversion as an all-inclusive project.
Are you interested in this offer?
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Object Number
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OM-316484
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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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apartment building
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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510.000 €
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Purchase additional costs
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approx. 32,365 €
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Total costs
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approx. 542,365 €
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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
Does this property fit my budget?
Estimated monthly rate: 1,724€
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Details
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Condition
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in need of renovation
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Number of floors
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3
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Total area
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185.1 m²
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Net rental income (target) p.a.
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28880 €
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X-times rental income
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17.70
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Number of units
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3
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Heating
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central heating
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Year of construction
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1956
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Information on equipment
The property is in need of refurbishment, but offers a solid building fabric. The renovation schedule includes all essential work to bring the house up to current technical and energy standards. Particularly noteworthy is the option of having the entire renovation carried out by a general contractor, which ensures stress-free implementation.
Location
The house is in a highly sought-after location in Ulm, which impresses with its central location and proximity to all important facilities. Schools, shopping facilities and public transport are all within easy reach. The neighborhood is quiet and well-kept, making this property an interesting choice for families and commuters. The historic old town is just a few minutes away and offers numerous cultural highlights and leisure opportunities.
Location Check
Energy
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Energy efficiency class
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E
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Energy certificate type
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demand certificate
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Main energy source
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district heating
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Final energy demand
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420.00 kWh/(m²a)
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Miscellaneous
The house is being sold privately, so there are no agency commissions. As the property is in our own portfolio, we will be happy to provide you with more detailed information on the location as well as pictures and an overview of the key facts on request.
Are you interested in this exceptional project? Please contact us for further 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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