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Investment highlight: Apartment building with top yield in Hettstedt

Pappelweg 7+9, 06333 Hettstedt – Sachsen-Anhalt
399.000 €
508 m²
Living Area
4,750 m²
Property
apartment building or investment property
apartment building

This attractive apartment building at Pappelweg 7 and 9 in Hettstedt offers an excellent opportunity for capital investors. With a total of eight residential units and a large plot of land with a garden, this property is ideal for a high-yield investment.
Property highlights:
Living space: The building offers a generous living space of 508 m², divided into eight residential units with functional floor plans.
Plot: A large plot of land complements the residential building, including a well-tended garden that is popular with tenants.
Building: Two separate staircases provide privacy and comfort. The property is fully let, so there is no risk of vacancy.
Key economic figures:
Actual rental income (p.a.): € 35,136
Purchase price: € 399,000
Yield: With a current rental yield of 8.8%, this property offers an attractive and stable source of income.
Condition:
The building is well-maintained, but requires minor renovation work in the communal property area and the electrics. With manageable effort, the condition of the property can be further optimized and the rental yield potentially increased.

Summary:
This apartment building impresses with its fully let structure, its central location in Hettstedt and a spacious plot with a wide range of potential uses. The combination of a solid rental yield of 7.8 % and the potential for development through minor modernization measures makes this property a worthwhile and future-proof investment.

Are you interested in this offer?

Object Number
OM-324339
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
immediately

Purchase price & additional costs

purchase price
399.000 €
Purchase additional costs
approx. 25,321 €
Total costs
approx. 424,320 €
Price per m²
785.00 €

Breakdown of Costs

Purchase price 399.000 €
Real estate transfer tax 19,950 € (5.00%)
Notary costs 3,558 € (0.89%)
Land register entry 1,813 € (0.45%)
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: 1,338€

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 3.03%

Details

Condition
in need of renovation
Number of floors
2
Total area
508 m²
Net rental income (actual) p.a.
35136 €
Number of units
8
Heating
central heating
Year of construction
1959

Location

The property is centrally located in Hettstedt. This residential and commercial address offers an ideal combination of urbanity and tranquillity. The surrounding area is characterized by a charming mix of residential buildings, retail outlets and services.
Infrastructure:
Tr­ansport links: The property has excellent connections to the transport network. The B180 can be reached in a few minutes and offers a fast connection to the surrounding towns such as Aschersleben and Eisleben. Public transportation, such as buses, are in the immediate vicinity and ensure good accessibility.
Retail and shopping facilities: Within walking distance are
supermarkets, bakeries and various retailers for daily needs.
Education and care: Kindergartens, elementary school and secondary schools are just a few minutes away.
just a few minutes away. Doctors and pharmacies: Good medical care is guaranteed by numerous doctors' surgeries and pharmacies in the area.

Location Check

Natur
150m
Mobilität
150m
Medizin
Kultur
750m
Einkaufen
400m
Restaurants
1.1km
Nachtleben
Sport

Energy

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

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