Set of 2 income houses in Germany
For sale a set of income houses in Oberhausen and Bochum.
House in Oberhausen:
1965 year of construction (reinforced concrete slabs).
It was renovated in 2019-2023
11 apartments
The total area of the house is 1139 m2:
- living area 794 m2
- The area of 1 compartment is 345m2
1 apartment is free. The rest are rented.
Income per year current: 87528 euros
Income per year at full rental: 89461,72 (7,19%)
House in Bochum:
Has a very good location in the city - next to a green park!
There are 2 grocery stores within walking distance.
The house was built in 1910 (high ceilings)
8 apartments and 4 parking spaces
The total area of the house 897.53 m2:
The house is fully leased, some apartments have the potential to raise the rent.
Income per year actual: 70.625 € (-5,14%)
Income per year with rent increase according to the market: 81150 (5,91%).
Total of both houses generates a combined income of 158,153 € (12.57%).
Possible total income at rent increase: 170,611 euros (13.56%).
Investor's capital required to buy a package of 2 of these income houses: €1,257,421.
- The current market value of the houses is 2,614,953 euros. The investor only needs 1,257,421 euros equity capital for the purchase.
The purchase of the houses is available through the purchase of the company to which the houses are registered. The loan previously granted by a German bank for the purchase of houses is taken over by the buyer.
Commission for the buyer + 5.95% of the value of the property.
Details on request after submission of LOI.