| Type | Block of flats |
|---|---|
| Living area approx. | 294 m² |
| Rooms | 12 |
|---|
| Plot area | 185 m² |
|---|
| Purchase price | 529.000 € |
|---|---|
| Price per m² | 1,799.32 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsThis well-maintained apartment building in Mutterstadt offers investors an attractive combination of existing rental income, generous living space and extensive modernization measures.
A total of approx. 294 m² of living space is distributed across four residential units with different apartment sizes and well-utilizable layouts.
The apartment building, originally constructed in 1964, was extensively modernized and expanded, particularly in 2019.
As part of this work, among other things, the attic floor was newly constructed or added, creating a modern residential unit with approx. 81 m² of living space.
At the same time, further measures were carried out on the building envelope and fittings, shaping the property's current overall condition.
The four residential units are distributed as follows:
Ground floor – Apartment 1: approx. 60 m² living space /3 rooms
Ground floor – Apartment 2: approx. 49 m² living space /2 rooms
Upper floor – Apartment 3: approx. 104 m² living space /4 rooms
Attic floor – Apartment 4: approx. 81 m² living space /3 rooms
Three of the four residential units are currently rented and therefore already generate ongoing rental income.
The modern attic apartment is currently still occupied by the owner.
This constellation in particular offers a purchaser various perspectives – from continuing it as a classic income-producing property in the long term to renting out all four units in the future.
The scope of the modernization work already carried out is particularly noteworthy.
In 2019, among other things, the front and rear façades were insulated and renovated, the attic floor was added, and high-quality uPVC and aluminum windows with triple glazing were installed.
The attic apartment also features air conditioning and modern roof windows.
Further measures had already been carried out in previous years and most recently in 2024.
The building has a partial basement and presents itself overall as a well-maintained existing property with a size structure of interest to investors.
The central location in Mutterstadt and the excellent connections throughout the Rhine-Neckar metropolitan region complement the investment.
An interesting opportunity for investors looking for an apartment building in Mutterstadt with existing rentals, four residential units and modernization work already completed.
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