Apartment building in the pedestrian zone – Foto 1

Apartment building in the pedestrian zone

Published on 03/11/2025 · Last checked on 09/08/2026

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55411 Bingen am Rhein
Rheinland-Pfalz
940.000 €
Selling Price
442 m²
Living Area
12
Rooms
TraumImmo-ID: 9QARRA6
Partner-ID: 056155249
Partner-Property by: RegionalImmobilien24
Contact:
Anonymous

Information

Living Area ca.442 m²
Rooms12

Property Area224 m²

Selling Price & Extra Costs

Selling Price940.000 €
Price per m²2,126.70 €/m²
Courtage3,57% (3,57 % inkl. MwSt.)

About this dream investment property

Property Description

Brief info for investors:
Apartment building at 16.45 times
6 residential units (442 m²) plus shop (171 m²) in the pedestrian zone of Bingen
Rental income (cold, net) €60,186,
Apartments from 71 to 83 m², €8.50 - €11.50 / m²
Shop very cheap as rented to family, adjustment possible.
House year of construction 1910 = 2.5% depreciation - can be increased through RND appraisal
favorable ratio of plot to building, 224 m² with standard land value €400
no renovation backlog as apartments except for windows were completely renovated in 2011-2012 and the shop was renovated in 2024

Residential and commercial building in a good location in the pedestrian zone of Bingen. The property was built around 1910. The 224 m³ plot is located in the middle of the city center and is built on with front and rear buildings. 

The front building has three storeys plus attic and converted loft, the rear building two storeys plus attic. Both buildings are basemented and have a shared staircase and house 6 apartments with approx. 442 m² of living space and a commercial unit on the ground floor with approx. 170 m² of usable space. Parking spaces and balconies are not available.

The shop area has its entrance from the pedestrian zone Salzstraße, the apartments have access at the rear via Salzpforte.

The house was extensively renovated in 2012. The apartments have new bathrooms, floors, apartment and interior doors. The electrical installation, radiators including lines, water and wastewater pipes were also renewed. The roofs were re-covered and the roof truss partially renewed; the heating boiler was replaced in 2012. 

Roof windows were also installed and the windows in the staircase facing the light well were renewed. The remaining windows in the apartments are wooden windows from the 1990s.
In 2019, the rear house door, access from Salzpforte, was replaced. 

In 2023, the shop area on the ground floor was renovated and two shops were combined into one large commercial unit. In the rear area there are still toilets, staff room and storage. The shops can easily be separated again.

Waste collection area on parcel 200 (opposite rear exit) secured by easement.


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Contact:
Anonymous

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