$749,128

A tasteful apartment building in a preferred residential area of Zeuthen is for sale. The surrounding development is characterized by well-kept detached, semi-detached and multi-family houses. The property is located on a completely fenced plot of approx. 1,371 m². The entire apartment building was built in 1929 in solid construction and extensively modernized / renovated by the current owners from 2009 to 2022. The property has a total living area of approx. 246 m² and consists of 5 separate residential units, which are fully let. The entire property impresses with its old building character and charm.There are two residential units on the first floor (a 1-bedroom apartment with approx. 36 m² and a 2-bedroom apartment with approx. 52 m²). The property also has an extension, which also has a 2-room apartment with approx. 44 m² and a south-facing terrace. The spacious apartment on the upper floor has 4 rooms on 71 m² of living space and is also equipped with a south-facing balcony. On the converted top floor there is an approx. 43 m² 2-room apartment with floor-to-ceiling windows and many charming old building elements.All windows in the residential units are fitted with double-glazed plastic windows, which were last completely renewed in 2017.The full basement of the house can be reached via a separate access door from the outside (from the garden). There are 4 spacious rooms in the basement. The heating system is located in one of the rooms. The other 2 rooms are used as storage areas by the respective parties.The rear part of the garden consists of a large lawn with shrubs and trees as well as a garden shed and tool shed with storage space for garden tools, garden furniture, bicycles, etc.. The entire property is completely fenced in and the paths around the house are paved.Monthly rental income (ACTUAL): € 1,910.95 ˜ € 7.76 per m²Annual rental income (ACTUAL): € 22,931.40X-fold (ACTUAL): 32.66Yield (ACTUAL): 3.06 %Monthly rental income (TARGET): € 2,952.00 ˜ € 12.00 per m²Annual rental income (TARGET): € 35,424.00X-fold (ACTUAL): 21.14Yield (ACTUAL): 4.73 %

Amenities

• Bedrooms: 0
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 2,647 ft² / 245.91 m²
• MLS: 24206007-A
• Web ID: ED4VC4
• Status: Available