Two residential and commercial buildings in Östringen with a total lettable area of 685 m²

Key facts

Purchase price & costs

About this house

Property description

This investment property consists of two adjoining residential and commercial buildings, each with one commercial unit and a total of four spacious apartments. Renovations amounting to approx. €600,000.00 were carried out in 2002/2003. The bathrooms were renovated, and one of the buildings was extended by adding another floor. The roofs of both buildings, including the rear extension, were completely renewed, including the roof timbers, insulation and roofing. The exterior façades were insulated and thermally upgraded. As part of the extension and construction of the residential units, the bathrooms, toilet facilities and sanitary installations were newly fitted and renovated. The entire electrical installation was renewed, and new windows and roller shutters (including roof windows) were installed.

The layout is as follows:
- Unit No. 1: Retail store with large sales area, staff room and WC, area 168 m²
- Unit No. 2: Retail store with staff room and WC, area 60.50 m²
- Unit No. 3: Apartment over 2 floors with 6 rooms, kitchen, 2 bathrooms and guest WC, large terrace, living area 156 m²
- Unit No. 4: Apartment over 2 floors with 5 rooms, kitchen, 2 bathrooms, 2 WCs, large terrace, living area 135 m²
- Unit No. 5: Apartment with 3 rooms, kitchen, bathroom, conservatory and balcony, living area 80.5 m²
- Unit No. 6: Apartment with 2 rooms, kitchen, bathroom and balcony, living area 85 m²

The current net cold rent, including the PV system, is €74,304.

All units have been allocated storage rooms and storage areas in the basement. In addition, each unit has at least one covered parking space.

Location