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Outstanding investment opportunity in close proximity to the city centre

Areas
Residential area 1.208,00 m²
Total area 1.508 m²
Reference
System Object-# 12721
Location
Zip Code 04315
City Leipzig
State Sachsen
Country Germany
# Floors 4
Additional Information
Price
Purchase Price 715.000 EUR
Purchase Price/m² 474,00 EUR
Broker's Fee 5,95% vom Kaufpreis (inkl. MwSt.)
Net return on assets 13,62 %
Rental income (actual) 95.555 EUR
Rental income (set) 97.475 EUR
Object Description

The property has a yield of close to 14%.

The property is located only 3 minutes away from Leipzigs city centre. The property has 20 residential and 2 commercial units. The property´s location allows easy access to Leipzigs superb transportation system. Local amenities including shops, banks, doctors are only 2 minutes walk away.

Location

The property is located in very close proximity to Leipzigs city centre. The train station is only 2 tram stops away.

Other Information

The property has a strong rental history with long standing tenants.

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