Income house in Germany, in Recklinghausen
For sale income house, in the center of Recklinghausen.
The house was built in 1985 (reinforced concrete floors)
The house has 5 floors, there is an elevator.
The house is located on the main street, in the commercial center of the city.
A mix of residential and commercial uses, mostly with clinics in the commercial areas.
Renovations from 2018 to 2023 have been done:
4 apartments, 2 praxis, repairs of roofs and balconies
The total area of the building is 1623 m2:
- living area of 4 apartments 278,09 m2
- area of 6 commercial premises 1 345 m2
10 parking spaces
The house is rented out
Income per year at the moment: 131,723.46 euros (6.04%)
Annual income possible: 155,723.42 euros (7.14%)
It is possible to buy a house by purchasing a company with an existing loan. In this case, the required equity capital would be: 1,030,678 euros.
Annual return on invested capital 12.4% less interest on the loan.
Buyer's commission + 5.95% of the value of the object.