+++ Apartment building in a great location and with good returns +++

Information

Selling Price & Extra Costs

About this dream house

Property Description

This well-maintained and continuously modernized apartment building with a total of five residential units is for sale and is located in an attractive, nature-oriented location directly on the Elde. The property presents itself in an excellent, well-maintained condition, which can be fully documented by соответствing specialist contractor invoices. As recently as 2023, the building was equipped with a modern, energy-efficient district heating station – a future-proof investment that ensures low operating costs and long-term planning security.

The absolute highlight for tenants is the lovingly landscaped plot directly on the riverbank. The spacious outdoor area is available for shared use by all tenants and offers a high recreational and leisure value. Four practical carport parking spaces directly at the property perfectly round off the outdoor offering.

The house has a full basement. In addition to the individual storage rooms for each residential unit, the basement offers a practical communal room, which further increases the living comfort for the house community.

Due to the well-thought-out mix of apartments, the excellent building substance and the popular residential location, this property is ideally suited as a value-stable investment with sustainable rental potential.

Layout of the residential units
With a total of five units, the property offers excellent risk diversification and appeals equally to singles, couples and families:

Ground floor (EG) – Barrier-reduced living with separate entrances
Apartment 1 (approx. 55 sqm | 1.5 rooms): Cozy apartment with its own separate entrance – ideal for singles.

Apartment 2 (approx. 85 sqm | 2 rooms): This spacious unit impresses with its charming solid wood flooring. A special highlight is the direct access to the apartment's own terrace from the kitchen. This apartment also has a separate entrance.

1st floor (OG) – Spacious living & single apartment
Apartment 3 (approx. 91 sqm | 3 rooms): The largest apartment in the house impresses with a well-thought-out floor plan. The living areas are fitted with high-quality wooden flooring. The apartment includes a sunny balcony, a large daylight bathroom with shower, as well as a kitchen with a practical pantry and storage room adjacent to it.

Apartment 4 (approx. 30 sqm | 1 room): This charming walk-through apartment is cleverly separated by the staircase/entrance hall. It offers a cozy living area, aseparate small kitchen as well as a private bathroom – perfect as a single apartment or for weekend commuters.

Attic floor (DG) – coziness with a view
Apartment 5 (approx. 70 sqm | 2.5 rooms): This bright attic apartment scores with fantastic views over the city. It features a great, spacious living room, a cozy kitchen as well as a private bathroom including a bathtub, inviting you to relax.

Conclusion for the investor
All in all, a great, honest property that, thanks to its solid structure, the heating system renewed just recently, and the ongoing modernizations, guarantees immediate returns without any backlog of renovations. The unique location on the Elde also secures excellent rental potential in the future.

Location