YIELD HIT : +6.30% p.a.: RENOVATED : LOCATION: PRIME LOCATION

Top investment property - the income property is 100% rented, no vacancy - prime location!

Description

This historic gem is for sale, located in an excellent city-center location directly at the beginning of the pedestrian zone "Enge Gasse" in Steyr. Only a few steps from the town square, the four-storey townhouse, built in Gothic times, is adorned with 16th-century Renaissance paintings in secco technique (among others female figures, mythical animals, ornaments as well as the depiction of the virtues Faith, Justice and Love) and can be traced back to the history of the Losensteiner. The property is listed as a historic monument; the historically valuable paintings were faithfully restored in 1969 by an academic sculptor.

To create contemporary residential and commercial spaces, the property has been modernized in recent years, among other things.

Income list:

• KG - 1.OG: Business premises (rented): approx. 160m² with a waiver of termination until the end of 2027
• 2.OG: Apartment Top 1: (rented): approx. 75m². The apartment is rented on a fixed-term basis until February 2028 and was last renovated in 2019.
• 3.OG: Apartment Top 2: (rented): approx. 80m². The apartment is rented on a fixed-term basis until 01.10.2026 and was completely renovated in 2021.

Scope of renovation 2.OG: parquet floors sanded and varnished, renewal of tiles in the entrance area and kitchen, new fitted kitchen, new apartment entrance door, doors and door frames painted, new entrance door. The sanitary area and the heating pipes are original (approx. 80s/90s).

Scope of renovation 3.OG: new sanitary area, new floors (vinyl, tiles and oak parquet), new fitted kitchen, drywall partitions and ceilings, new entrance door. Heating pipes are original.

Both apartments are assigned storage areas of approx. 10m² at the Dochbaden. Heating and hot water preparation are carried out separately by means of a gas central heating system in the building's basement.

• 1990s: renewal of the roof covering. The windows were also completely renewed here
• 2014: renovation of the stairwell (completely replastered)
• 2018: restoration of the façade together with a restorer and coordination with the city of Steyr
• 2019: renewal of the two boilers for the business premises and the residential units with separate billing (business/apartment).

Annual operating costs (net): € 3.790,18

The current rental income (net/year) amounts to EUR 37.818,-

Property directly from family ownership and own property management

Location

The property is located directly in the immediate vicinity of the town square in Steyr and can therefore be described as a top location. The location directly in the city center and close to the city center, direct shopping opportunities in the pedestrian zone and shopping center, schools, pharmacies, doctors and leisure facilities underline the excellent infrastructure.

***If interested, we ask you to submit the inquiry form with your data completed. We ask for your understanding that only inquiries with complete information can be answered***

General

Due to the new Distance Selling and Off-Premises Contracts Act to implement the EU Consumer Rights Directive, we ask for your understanding that we can only send you the requested property documents by e-mail after you have confirmed that you wish us to act in advance and have been informed about your withdrawal rights. Before you receive the documents, you will receive a separate e-mail with the necessary notice. The above information is based on the owner's information. We accept no liability for the accuracy of this information! For the sake of good order, we would like to state that in the event of a conclusion with you or a third party named by you, our fee (according to the fee regulation for real estate agents, BGBI. 262 and 297/1996) is 3 % of the purchase price plus statutory VAT. We point out that there may be a familial or economic close relationship between the broker and the client. The broker acts as a dual agent. Our general terms and conditions apply. Subject to error.

Data protection information:

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Source http://steyr.dahoam.net/

We point out that there is a familial or economic close relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.