No commission: Apartment for rent with elevator – 6% gross yield.

Description:
Commission-free, directly from the owner: a rented 1-room apartment with a balcony and elevator in Bremerhaven, a solid investment opportunity. The apartment is located on the 2nd floor, on the left side of a well-maintained apartment building with 15 units. It has approximately 38 m² of living space (38.09 m² according to WoFlV) and consists of a living/sleeping room, kitchen, bathroom, hallway, and balcony. It also includes a storage room in the basement, and the bicycle storage is shared. The apartment has been rented to a long-term tenant since June 2009. The lease agreement will be transferred to the buyer unchanged upon purchase. Key figures at a glance:
Purchase price: €39,900 (commission-free)
Current net cold rent: €201.25/month, plus €140 for advance operating costs.
A rent increase to €210.00 is scheduled for January 1, 1997, as per § 558 BGB.
Gross yield: 6.05% (currently) or 6.3% (from 1997).
Monthly building service charges: €198, of which approximately €125 are pass-through costs.
Approximately €73 per month remains with the owner, of which €39 is allocated to the maintenance reserve.
Last rent adjustment: July 1, 1997.
The apartment is being sold in a "renovation required" condition. For an investor with a long-term perspective, this is a starting point for a later increase in value when the tenant moves out. The owners' association has been managed by a new property management company since April 1997. No special assessments have been decided.

Location:
The apartment is located on Stresemannstraße in Bremerhaven, with easy access to everything you need for daily life:

Shopping: Approximately 200 meters away, with discount supermarkets, a pharmacy, and doctors nearby.
Kindergarten, primary school, and secondary schools are located in the surrounding area.
Excellent public transportation connections.