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Residential and commercial building in the city center of 99837 Werra-Suhl-Tal.

Lutherstrasse 3, 99837 Werra-Suhl-Tal (Berka/Werra) – Thüringen
149.000 €
171.54 m²
Living Area
429 m²
Plot Area
Private offer
Apartment building or investment property
Residential and commercial building

For sale is a historic residential and commercial building located at Lutherstraße 3, 99837 Werra-Suhl-Tal. The building, constructed around 1800, was partially renovated in 1990 and sits on a property of approximately 429 m².

The property offers a total of approximately 202.95 m² of living space, divided into a residential unit on the upper floor with approximately 105.78 m², and a residential unit in the attic with approximately 97.17 m². Both apartments have four rooms, a kitchen, a bathroom, and a hallway. The upper floor also features a historic loggia, accessible from the staircase.

The ground floor contains two commercial units with a total area of approximately 82.39 m². The smaller shop has approximately 25.20 m², while the larger one has approximately 57.19 m². Both units have a sales area and a shared toilet.

The mezzanine level consists of a room with an adjacent terrace.

Are you interested in this offer?

Object Number
OM-500888
Object Class
Apartment building or investment property
Object Type
Residential and commercial building
Handover from
By arrangement

Purchase price & additional costs

purchase price
149.000 €
Purchase additional costs
approx. 9,902 €
Total costs
approx. 158,901 €
Price per m²
500.00 €

Breakdown of Costs

Purchase price 149.000 €
Real estate transfer tax 7,450 € (5.00%)
Notary costs 1,621 € (1.09%)
Land register entry 831 € (0.56%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 640€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.44%

Details

Condition
In need of renovation
Monument protection object
Yes
Number of floors
3
Commercial area
113.3 m²
Total area
354 m²
Number of parking lots
2
Net rental income (target) p.a.
3500 €
X-times rental income
10.00
Number of units
4
Flooring
Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1800
Equipment
Terrace, Garden, Basement, Shower bath, Air conditioning
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Middle school, Public transport

Information on equipment

The building is partially underground and features a historic vaulted cellar. Heating is provided by a central oil-fired system located in the basement.

The courtyard area covers approximately 182 square meters and is largely landscaped. The property also includes a double garage.

The property requires renovation and modernization. Due to its historical structure, the vaulted cellar, the loggia, the terrace, and the combination of residential and commercial space, the property offers versatile usage possibilities and interesting development potential.

Location

The residential and commercial building is located in a central area of the Werra-Suhl-Tal region. Essential amenities are readily available, with some located within easy walking distance.

In the immediate vicinity, you will find a bakery, a REWE supermarket, doctors' offices, and a school. This central location offers convenient access to important everyday services, making the property attractive for both residential and commercial purposes.

Location Check

Nearest places
Nearest places

Energy

Energy certificate type
not legally required
Main energy source
Oil

PDF

Miscellaneous

The property is suitable for both owner-occupiers and investors due to the existing residential and commercial spaces. The combination of two residential units, two retail units, a terrace, a landscaped courtyard, and a double garage offers a wide range of potential uses.

Due to its age and current condition, the property requires renovation and modernization. However, the existing historical building fabric also offers the opportunity to preserve the building's unique character during future renovations while also modernizing it.

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Commission: No commission for buyers

Offer from: Jörg Kaufmann