Properties

Top located, rented apartment house in Magdeburg!

39110 Magdeburg, Apartment block for sale

Top located, rented apartment house in Magdeburg! - Hausansicht Top located, rented apartment house in Magdeburg! - Example room Top located, rented apartment house in Magdeburg! - Example Kitchen Top located, rented apartment house in Magdeburg! - Staircase Top located, rented apartment house in Magdeburg! - Garden view Top located, rented apartment house in Magdeburg! - Facade

Contact details

Objectdata

  • Object ID
    P4
  • Property Type
    Apartment block, Retirement home
  • Address
    39110 Magdeburg
    Sachsen-Anhalt
  • Living area approx:
    511.40 m²
  • Rooms
    3
  • Heating system
    Central heating
  • Primary energy supplier
    Gas
  • Year of construction
    1918
  • Last modernization
    2020
  • Condition
    modernisiert
  • Subject to commission
    Yes
  • Buyer's commission
    5,95% of the purchase price incl. 16% VAT
    The commission is due and earned with the notarization of the purchase contract.
  • X-times rent
    22.60
  • Net return
    4.43 %
  • Rental income
    42,511.92 EUR
  • Purchase price
    960,000 EUR

Features

  • Cellar

Energieausweis

  • Energieausweistyp
    Verbrauchs­ausweis
  • Issued on
    vor dem 1.5.2014
  • Year of construction according to energy certificate
    2021
  • Primary energy source
    Gas
  • Final energy consumption
    98.70 kWh/(m²·a)
0 50 100 150 200 250 300 350 400+ Total energy consumption 98.70 kWh/(m²·a)

Property description

Description

Attractive investment in Magdeburg Stadtfeld!

The apartment building offered here consists of 7 residential units between 67m² and 79m². The attractive building is a harmonious combination of cosiness and elegance. The communally usable garden also invites to a pleasant sitting together.

Currently, all residential units are rented.

The house, which was built in 1918 and whose heating system was renewed in the course of 2020, is in good condition and has been continuously modernised. The current annual net rent of the property is 42511,92€.

For more information please contact us directly.

Additional Information

Black Label’s international team can offer advice on all stages of property purchase, from the financial benefits of buying property in Germany to the step by step process of acquiring your new home or investment. Our team speaks fluent English, German, French and Mandarin, and works together with a team of English-speaking lawyers, notaries and mortgage brokers in Berlin.

We can provide you with a varied choice of properties to suit your needs. Just send us your search specifications, including:
- Property style
- Budget
- Location
- Investment or own use

For advice on financing your German property purchase, please get in touch with a member of our team. Our independent mortgage broker is able to offer up to 70% to international clients, and our recommended lawyers are at hand to explain the legal process of buying real estate in Germany.

Interested in letting your new Berlin property? Black Label offers management packages for both furnished and unfurnished lets, as well as a complete design and furnishing service tailored to your style. Get in touch with us or stop by the office for more information.

The information in this exposé comes from the seller. We have not checked this information in detail. In particular, the building permit has not been inspected and a check on the information about the living space and the year of construction of the house has not taken place.

Location

The city of Magdeburg has about 240,000 inhabitants and is becoming increasingly interesting for families and young people. Due to the university, it is also becoming more interesting for students.

The Stadtfeld district is located to the west of Magdeburg's city centre. This residential area is particularly characterised by short walking distances to the city centre and neighbouring urban areas. There are good public transport connections by tram and regional train. The main railway station, the city centre and Hasselbachplatz are also within walking distance.

Shopping facilities such as grocery shops, drugstores or clothing shops, doctors' surgeries, pharmacies and other service providers for daily needs are also available and within walking distance.

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