| Living area approx. | 775 m² |
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| Rooms | 29 |
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| Plot area | 430 m² |
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| Usable floor area | 932 m² |
| Purchase price | 199.000 € |
|---|---|
| Price per m² | 256.77 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsThe 3-storey, basement-level residential and commercial building with converted attic was constructed in 1914 using solid construction methods. Extensive renovation and modernization work was carried out in 1993/1994. The building has a living area of approx. 775 m² and comprises a total of nine apartments as well as a commercial unit in the basement, which has its own entrance. - - - Currently, 4 of the 10 units in total are rented out. The current rental income amounts to an actual net cold rent of €1,156.25 per month. One additional apartment is currently being used by the owner as a holiday apartment. The property offers interesting development potential for investors: Following appropriate renovation, the commercial premises in the basement, consisting of three rooms, a WC and kitchenette, as well as the 4-room apartment on the ground floor, could be rented out again. The remaining three apartments are already available for immediate letting. This creates the opportunity to gradually reduce the current vacancy and significantly increase rental income through appropriate re-letting.
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