| Living area approx. | 260 m² |
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| Plot area | 1850 m² |
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| Purchase price | 330.000 € |
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| Price per m² | 1,269.23 €/m² |
| Commission | 3,57 inkl. MwSt vom not. Kaufpreis |
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 assumptionsProperties with history have a character all of their own – and this multi-unit building, constructed in 1924, conveys precisely that at first glance. The distinctive half-timbered façade defines the appearance and gives the property an individuality that clearly sets it apart from classic apartment buildings.
With a total of approx. 260 m² of living space and a generous plot of approx. 1,850 m², the property offers a versatile overall package with interesting prospects, particularly for investors.
The rented residential areas are spread over several levels of the house and feature different sizes and layouts ranging from approx. 40 m² to around 60 m². In some cases, individual areas are not fully self-contained, creating a communal living character in places. At the same time, the property has a well-established and harmonious tenant structure as well as an established rental situation – an attractive advantage for investors.
The existing tenancies generate a combined monthly net cold rent of €1,880. In addition, the garage rents amount to €100 per month, resulting in total monthly rental income of €1,980, or annual rental income of €23,760. Based on the asking price of €330,000, this corresponds to a gross rental yield of around 7.2%.
Beyond the actual living areas, the building also offers extensive additional space. The house has a full basement and provides various storage and usable areas, a laundry room, technical areas and a workshop. Two garages located directly next to the building and an additional carport complement the existing space.
Another special feature is the approx. 1,850 m² plot. The spacious rear garden area, with its mature trees and plants, offers generous open space and a wide range of possible uses. In addition, the possibility of additional development in a second row could generally be examined for the rear part of the plot behind the existing building. Whether and to what extent such development can actually be realized would need to be clarified as part of a specific preliminary building inquiry or in consultation with the responsible building authority.
The building is in a condition appropriate to its age, with further modernization and renovation requirements in various areas. At the same time Individual measures have already been carried out. In 2024, as part of the restoration following water damage, this included sanitary, tiling, painting and plastering work on the ground floor.
For investors, this results in an interesting combination of existing rentals, an established tenant structure, additional garage income, extensive ancillary areas and long-term development potential.
The building’s heating and hot water are supplied centrally by an oil-fired heating system.
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