| Type | Block of flats |
|---|---|
| Living area approx. | 766 m² |
| Bedrooms | 15 |
| Rooms | 30 |
|---|---|
| Bathrooms | 15 |
| Plot area | 803 m² |
|---|---|
| Usable floor area | 766 m² |
| Purchase price | 1.300.000 € |
|---|---|
| Price per m² | 1,697.13 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072468
This real estate ensemble comprising two apartment buildings offers investors an attractive opportunity to invest in a sustainably rentable existing property with solid substance and further development potential. Built in 1955, the buildings comprise a total of 15 residential units with a total living area of approx. 766 m² and are presented in a well-maintained condition.
Twelve of the 15 residential units are currently rented. The current annual net cold rent amounts to approx. €62,120. Two apartments are currently available for occupancy, offering the new owner an immediate opportunity to further optimize the income situation. Particularly attractive is the fact that the vacant units are already in a renovated condition. They can therefore be re-let promptly without extensive further modernization measures, offering the opportunity to generate additional ongoing rental income.
Overall, the real estate ensemble presents itself as an interesting investment opportunity, combining existing cash flow, well-maintained and renovated building substance, and further income potential. The units already rented provide a solid foundation, while the two vacant apartments offer additional prospects for increasing ongoing rental income. The property is therefore suitable both for investors focused on long-term ownership and for investors seeking to specifically utilize existing potential and further develop the property's earning power.
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