| Living area approx. | 150 m² |
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| Plot area | 130 m² |
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| Purchase price | 267.000 € |
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| Price per m² | 1,780.00 €/m² |
| Commission | 5,95% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsFor sale is a multi-family house with two residential units and a total living area of approx. 150 m². The property combines existing rental income with additional earning potential and is particularly suitable for investors seeking a manageable existing property with development opportunities.
The approx. 50 m² two-room apartment on the ground floor has a terrace and is currently rented. The second residential unit offers four rooms over approx. 100 m², as well as a balcony, and is currently vacant. The larger unit includes two bathrooms and an interior staircase. The attic has been converted.
The building was comprehensively renovated by approx. 2003 and features an upscale standard. Further renovation was carried out around 2014. Features include building insulation, wooden double-glazed windows, partial underfloor heating on the ground floor, and bathrooms with showers and bathtubs. Heating is provided by a gas central heating system, while hot water is supplied via instantaneous water heaters. In addition, the building was dried out using the diamond sawing method and fitted with a floor slab made of watertight concrete.
The property has no basement. Storage facilities for tenants are located in a separate courtyard building. Pkw parking spaces are located in the neighborhood. To complete the investment, the vacant neighboring plot can also be purchased.
The currently rented ground-floor apartment generates a monthly net cold rent of 360 euros, or an annual net cold rent of 4,320 euros. For the currently vacant 100 m² apartment, rental potential of approx. 8.00 to 10.00 euros/m² is indicated. With full occupancy, the calculation provided indicates a total monthly target net cold rent of 1,260 euros, or a potential annual net cold rent of 15,120 euros.
The property therefore offers particularly interesting potential for increasing ongoing rental income through the reletting of the larger residential unit.
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