| Living area approx. | 290 m² |
|---|
| Plot area | 911 m² |
|---|---|
| Usable floor area | 290 m² |
| Purchase price | 363.000 € |
|---|---|
| Price per m² | 1,251.72 €/m² |
| Commission | 5,95% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsFor sale is an apartment building with three residential units and a total living area of approx. 290 m². The property offers investors an attractive combination of ongoing rental income and additional development and income potential.
The ground floor comprises an approx. 96 m², 4-room apartment. Another 4-room apartment with approx. 98 m² of living space is located on the 1st upper floor. The approx. 96 m² office unit on the 2nd upper floor should be converted by the purchaser into a 4-room apartment. According to the seller, after this investment it would be possible to achieve rent of approx. 8.00 to 10.00 euros/m².
The building was comprehensively renovated by approx. 2000. The ground floor and 1st upper floor were extensively modernized again by approx. 2010, including with new bathrooms. Features include double-glazed plastic windows, laminate and tiled floors, and bathrooms with showers and bathtubs. Heating is provided by a central gas heating system, while hot water is supplied via instantaneous water heaters.
The apartment building has a full basement, providing tenants with additional storage space. The property includes six parking spaces on the spacious plot, which are currently not rented out. Based on a calculated rental potential of approx. 30 euros per parking space per month, additional income opportunities arise. The purchaser may add balconies and construct garages. The residents of the ground floor already use parts of the plot as a garden.
The property therefore offers particularly attractive opportunities for investors to sustainably increase the existing rental income through renovation, reletting and additional use of the available parking spaces.
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