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Up To17.6% Yield - Deuben, Leipzig, Sachsen / Saxony, Germany
Region €120,000
Up To17.6% Yield - Deuben, Leipzig, Sachsen / Saxony, Germany - Click to view photos
Up To17.6% Yield - Deuben, Leipzig, Sachsen / Saxony, Germany - Click to view photos
Description:

Apartment house in Saxony with potential 17,6% yield!

We have on offer a very attractive tenanted apartment house in Deuben. Built in 1910 and renovated in 2001 it has refurbished floors, new bathrooms, a built out roof, new windows and doors and a renovated staircase.

There are 5 residential units in this four storey building, with a total residential area of 335 m2 on a plot size of 455 m2.

The actual net income is 14.400 euros with 4 out of 5 units tenanted and delivers a current yield of 12%. Fully tenanted the property offers a yield of 17,6%!

Deuben is a lovely village in Saxony-Anhalt only 15 minutes from Zeitz. The main industry in Deuben is mining and most people are employed either at the mining industry plant or at the coal briquette factory.

For less than 260 euro per m2 this attractive investment property can be yours!

Features:

- Apartment house in Saxony with potential 17,6% yield!

Contact Details:
Email: Reply to this ad by email
Phone: 00 353 1 679 0936
Contact Name: Overseas Department
Phone Between Hours: anytime

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