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Great capital investment: multi-family house in Magdeburg with an annual net cold rent of 39,773 €

https://blacklabel-properties.com/properties/retirement-home-in-magdeburg-buy-1386is/

Objectdata

  • Object ID
    1386_IS
  • Property Type
    Retirement home
  • Address
    39112 Magdeburg
    Sachsen-Anhalt
  • Floor
    4
  • Living area approx:
    541.75 m²
  • Grund­stück ca.
    375 m²
  • Condition
    vollsaniert
  • Provisionspflichtig
    Yes
  • Buyer's commission
    7.14% of the purchase price incl. VAT, payable by the buyer to the broker zzgl. MwSt.
  • Purchase price
    900,000 EUR

Features

  • Cellar
  • Heritage-protected

Energieausweis

nicht erforderlich

Property description

Description

The apartment building, built in 1888, is located in the urban area around Leipziger Straße, south of the city center.

Due to permanent maintenance, the property is in good condition and the facade has been renovated.
One special feature is the CHP in the basement. It's able to generate electricity for the entire house, which can be sold to the tenants at low cost.

Please contact us, we will be happy to send you an exposé with detailed information about this investment property. At the request of the owner, this ad does not contain any pictures of the property.

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 Berlin property purchase, please get in touch with a member of the team. Our mortgage team is able to offer up to 70% to international clients, and our 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.

Location

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

The urban area around Leipziger Straße is south of Magdeburg's Hasselbachplatz.
The apartment building is one of the beautiful preserved Wilhelminian style objects.

This place of residence is particularly characterized by short distances to the city center and adjacent urban areas.
Good connections to public transport are provided in the form of buses and trains. Buckau train station is within walking distance.

Hasselbachplatz can be reached by car in 5 minutes and the city center in 10 minutes. The University Medical Center Magdeburg is in the immediate vicinity and can be reached by bike in 5 minutes. Shops, medical practices and other service providers for daily needs are also available.

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The displayed property location is approximate

Contact details

Property Pictures

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