Description
Property description
Summary of key data
Total leasable area: 966 m²
thereof living space: 736 m²
thereof commercial area: 230 m²
The offered property was built in 1896 with brick masonry and classic clinker facade and contains 7 residential and 2 commercial units, which extend to approximately 966 m² rentable area. The living space can be extended by another 68 m² by converting the attic. The building has a solid structure and shows age-related wear and tear, which, depending on the investment and yield expectations, requires some renovation work to increase the value and rental income. 2 of the 7 residential units, each with approximately 117 m² of living space, were completely gutted in 2019 and have central heating, new kitchens and bathrooms. The remaining 5 apartments have been renovated over the last 30 years and have corresponding upgrades to the heating system, floors and electrical system. Each unit is equipped with a gas floor heating system and separate gas and electricity meters, so that the respective tenants can settle their heating and electricity costs themselves. The two commercial units on the first floor are currently leased to a restaurant operator and a pet funeral home, respectively. The building has 9 parking spaces, which are divided into 2 single garages, 3 parking spaces integrated in the basement and 4 parking spaces in front of the building. Likewise, the entire building is equipped with soundproof windows on the street side, which allow living without noise and emission disturbances. Due to the good, central location within Amberg, high rental income and low vacancy rates can be expected in the long term. For further details about the yield, the structural conditions and current renting please contact us.
Location description
Amberg is a city in the Bavarian administrative district of Upper Palatinate and, with a population of around 42,000, is part of the Nuremberg metropolitan region. It is home to numerous companies in the fields of mechanical engineering, electrical engineering and textile industry and is an important business location in the region. It is also known for its long history, the historic old town and a variety of recreational opportunities. The city is well connected by the Autobahn 6, two federal highways, as well as by local and long-distance traffic via the Amberg train station with direct connections e.g. to Nuremberg and Regensburg. The offered property is located in a prime location directly at the Nabburger Tor, centrally connected and in the vicinity of many restaurants, cafes and shopping facilities. There are also several schools, doctors and pharmacies within walking distance, as well as green spaces and parks. Overall, Amberg is a popular residential and business location and thus an ideal breeding ground for attractive yield projects.
Commission
The brokerage fee is based on the legal regulation that came into force on 23.12.2020.
The buyer's commission amounts to 3.57% of the notarized purchase price including VAT and is earned and due upon conclusion of the notarized purchase contract. Real estate transfer tax, notary and court costs are to be borne by the buyer. In all other respects, our General Terms and Conditions apply. Errors and prior sale excepted.
