Double return: Old building

+++ We only respond to inquiries with full name, email address and phone number +++ The present property consists of a historic old building and a modern new building. The modern new building extends over several floors: The basement offers a generous 340 m². The ground floor extends over 300 m². The first floor offers 275 m². The second floor also provides 275 m². The third floor offers an area of 275 m². Currently, part of the new building is rented, generating annual rental income of 48,000. The rented space comprises the entire ground floor as well as the second floor. A potential rental and rent increase could increase the potential monthly income by $6,000. In addition, a modernization of the window areas in the building is currently being carried out, which holds out the prospect of a potential total rental income of 120,000 per year. The historic old building is also made up of different levels: The basement area extends over 100 m². The ground floor offers 175 m² of space. The first floor also provides 175 m². The second floor reflects this area with 175 m². The attic completes the space with 100 m². The entire property is currently fully leased and generates an annual income of 67,200 euros. The current rental income thus amounts to 115,200 . At full occupancy, the potential rental income would rise to 187,200, giving a return of 4.06% at full occupancy.