| Type | Block of flats |
|---|---|
| Living area approx. | 266 m² |
| Bedrooms | 6 |
| Rooms | 12 |
|---|---|
| Bathrooms | 3 |
| Plot area | 1100 m² |
|---|
| Purchase price | 599.000 € |
|---|---|
| Price per m² | 2,251.88 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsThree rented residential units, approximately 266 m² of lettable space and an exceptionally spacious plot of approximately 1,100 m². This apartment building in Neuburg an der Donau offers a combination that is particularly interesting for long-term-oriented buyers.
Built in 1968 using solid construction, the building is pleasantly set back from Ingolstädter Straße. This creates a quieter and more protected residential environment despite the good transport links. The spacious plot with generous open areas around the house further emphasizes this impression.
The three residential units are spread across the ground floor, first floor and attic. All apartments are currently rented. The current total monthly net cold rent is approximately 2,178 euros, corresponding to an annual net cold rent of approximately 26,136 euros.
It could also be used as a multigenerational home.
The ground-floor apartment has a spacious and classic layout. Its general condition is orderly and functional; at the same time, the fittings and technology largely correspond to the age of the property.
The first-floor apartment is generally somewhat better preserved. Here, too, however, the technical and visual standard is predominantly older.
The attic was subsequently converted into a third residential unit. The conversion was approved. The apartment has a functional layout, but features simpler construction and fittings.
The building has been selectively modernized in the past. The heating system was replaced at the end of the 1990s, and some windows were also replaced. Other essential components of the house predominantly correspond to the original condition or an older modernization standard.
The property therefore presents itself as a functional and fully rented asset with clearly identifiable modernization potential. For a new owner, this creates the opportunity to implement necessary measures gradually and further develop the building standard over the long term.
This apartment building is not a fully modernized investment property. Rather, it offers a solid foundation for buyers who wish to combine existing rental income with a long-term development perspective.
Three residential units, approximately 266 m² of lettable space and a plot of approximately 1,100 m² create a remarkably good starting point for this.
The existing The need for modernization is understandable, has been taken into account in determining the price, and should also be considered in further development. At the same time, precisely this condition enables a new owner to manage investments in a targeted manner and further develop the property according to their own ideas.
A property with substance, space, and prospects.
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