| Living area approx. | 1217 m² |
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| Plot area | 853 m² |
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| Usable floor area | 1217 m² |
| Purchase price | 1.720.000 € |
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| Price per m² | 1,413.31 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsProperty no.: 1072583
This residential and commercial building, constructed in 1930, represents an interesting investment opportunity for investors seeking an established income-producing property with additional development potential. The property comprises a total of 17 residential units and two commercial units, thus combining an attractive mix of residential and commercial use. The commercial areas, totaling approx. 169 m², are fully let and contribute to a stable income situation. The total residential area amounts to approx. 1,048 m² and provides a solid basis for long-term rental income.
The current vacancy is limited to just two residential units, corresponding to a vacancy rate of around 9%. At the same time, this presents the purchaser with the opportunity to generate additional value through targeted renovation measures followed by re-letting. The two vacant apartments are in need of renovation, enabling rents to be adjusted to a market level following modernization. This offers the opportunity to sustainably improve the income situation and further realize the existing return potential.
There is also additional development potential in the area of parking spaces. Two parking spaces currently not let offer further potential for generating additional income and, following appropriate marketing, can contribute to optimizing the overall return.
Overall, this is a solid investment with stable cash flow from the existing holdings and clearly identifiable optimization opportunities. The available letting reserves and modernization potential create attractive prospects for sustainable value growth and offer investors the opportunity to further develop the property in a targeted manner.
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