| Living area approx. | 312 m² |
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| Plot area | 428 m² |
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| Usable floor area | 394 m² |
| Purchase price | 759.000 € |
|---|---|
| Price per m² | 2,432.69 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsWe are pleased to present this exceptional property offering on the sought-after Rosenstraße in Neuburg an der Donau.
The building, constructed at the beginning of the 20th century, is situated in a very central location and offers both commercial tenants and residents excellent access to all the city’s important facilities.
The total residential floor area is approximately 312 m², while the commercial floor area comprises approximately 82 m². The plot covers 428 m² and may offer additional potential for further development.
The ground floor contains two rented commercial units: a purely commercial/retail space and a commercial unit currently converted for use as a restaurant, with an additional storage area. There is also another rented apartment on the ground floor. The first floor houses two rented apartments, as does the second floor. The attic contains a rented apartment with further development potential.
Both the ground-floor apartment and one of the upper-floor apartments have been renovated over the past few years.
These renovations contribute to the apartments’ generally well-maintained condition and increase their appeal to tenants.
All other apartments and the communal areas require cosmetic and technical renovation, but are still in a rentable condition. The building is equipped with a central gas heating system, located on the ground floor in one of the commercial units.
The south-facing garden, overlooking the Neuburg Book Tower, offers tenants an attractive green space for relaxation. A previous assessment by the owner indicated the general possibility of further development of this garden area. There is no development plan for this area; therefore, development in accordance with §34 of the German Building Code (BauGB) is conceivable.
The multi-unit building offers not only a solid investment through the existing leases, but also considerable development potential. In particular, the potential for a new structure on the green space provides room for creative uses or enhancement to increase rental income.
This multi-unit building represents an excellent opportunity to invest in a centrally located and versatile property in Neuburg an der Donau. Through the combination of commercial and private rental units as well as its development potential, this property offers an attractive Investment opportunity.
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Apartment building with 5 residential units, two garages and garden in a central location in Neuburg - A property from your real estate partner SOWA Immobilien und Finanzen86633 Neuburg an der Donau
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