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MFH multi-family house with garages and 2300m² plot

Gelsenkirchener str 308, 45327 essen (Katernberg) – Nordrhein-Westfalen
100.000 €
10
Room
256 m²
Living Area
2,300 m²
Property
Private offer
house
multi-family house

Sell here my MFH with a living space of 259m² and a 2300m² plot.

Rental income approx. 4000 Euro per month (48.000,- per year).
For the storage rooms in the old pub and the garages.

The property will be sold via the forced auction on 14.12.2024 at Essen District Court.

There is an appraisal for the property from 2024 and also another appraisal from 2021 that is better.

The property will soon be changed to building land, as the city wants to build on the sports field there.
The land value according to Boris is 517,000 euros
For this reason, a reallocation procedure was imposed on the property by the city because they want to shift the boundaries slightly.
That's why the new reports state that some garages were not legally erected.
In principle, garages up to 30m² are free in NRW with a building permit !!!!
You can buy the whole thing and rent it out for about 4 years where you would have a rental income of about 200,000.
Then build there yourself as you see in the new building project I wanted to build with 3360 living space and 3950 gross floor area. When renting for a retirement home or nursing home, you can rent the whole 3950 to such a company that deals in
retirement home or nursing home.
Then you can sell the property and the object with a profit of approx. 1 to 2 million plus the rental income of approx. 200,000.
Or they do not build there in 4 years, but sell the property to the city for approx. 800,000 plus the rental income of approx. 200,000 by then.
There is a lot of potential there.

Are you interested in this house?

Object Number
OM-318763
Object Class
house
Object Type
multi-family house
Is occupied
Occupied
Handover from
by arrangement

Purchase price & additional costs

purchase price
100.000 €
Purchase additional costs
approx. 8,423 €
Total costs
approx. 108,422 €

Breakdown of Costs

Purchase price 100.000 €
Real estate transfer tax 6,500 € (6.50%)
Notary costs 1,267 € (1.27%)
Land register entry 656 € (0.66%)
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: 372€

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 3.58%

Details

Condition
in need of renovation
Bathrooms (number)
3
Bedrooms (number)
3
Number of garages
17
Heating
other
Year of construction
1905
Equipment
basement

Location

Location Check

Natur
350m
Medizin
500m
Sport
100m
Einkaufen
450m
Mobilität
450m
Restaurants
550m
Kultur
1000m
Nachtleben
400m

Energy

Energy efficiency class
H
Energy certificate type
demand certificate
Final energy demand
344.00 kWh/(m²a)

PDF

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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