| Living area approx. | 526 m² |
|---|---|
| Bedrooms | 7 |
| Rooms | 25 |
|---|---|
| Bathrooms | 7 |
| Plot area | 1186 m² |
|---|---|
| Usable floor area | 943 m² |
| Purchase price | 2.179.800 € |
|---|---|
| Price per m² | 4,144.11 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsWelcome to a residential and commercial building that combines numerous possibilities under one roof.
Your well-maintained residential and commercial property impresses not only with its representative appearance and excellent visibility, but also offers an attractive combination of ongoing rental income, modern residential comfort and further development potential. Whether as a long-term investment or with the desire to combine living and investing, this property opens up a wide range of possibilities.
The exterior already conveys an extremely well-maintained and modern impression. The bright façade, generous window areas and harmoniously interconnected building sections give your property a prestigious appeal. The combination of a classic roof shape, generous roof surfaces and modern elements creates timeless architecture that is ideally suited to both residential and commercial use.
Inside, you can expect a versatile residential and commercial building with a well-designed layout. The spacious commercial unit extends over two floors and is securely rented, already generating attractive and reliable rental income. The commercial offering is complemented by an additional office unit on the ground floor, opening up further uses. Some of the existing garages and parking spaces are also rented to the commercial unit, underscoring the property's sustainable earning power.
A total of five apartments are available, having been extensively renovated and modernised in recent years. Bright rooms, contemporary fittings and well-designed layouts create a pleasant living environment and appeal to a wide range of tenant groups. Some minor finishing work is still outstanding, allowing individual wishes and personal ideas to be realised. Two apartments have balconies and offer a lovely outdoor retreat. A charming maisonette apartment gives the property additional residential comfort and character.
The fully basemented area provides ample utility and storage space, ideally complementing the generous amount of space available. Garages and parking spaces provide convenient parking options and increase the property's appeal to tenants and users.
The property is particularly interesting for investors: With a target net rent of €14,370 per month, an annual Target net rental income of €172,440. Based on the purchase price of €2,179,800, this corresponds to a gross initial yield of approximately 7.91%. Thus, the residential and commercial building already offers attractive income prospects based on the calculated target rents.
In addition, the current rental situation offers further potential: Several residential units are currently still vacant or intended for owner-occupation. Appropriate letting would allow the existing income potential to be utilized further. Furthermore, according to the available property description, there is the possibility of expansion through an extension and additional floors, which could create additional space and thus further prospects for future development.
Your residential and commercial building therefore combines ongoing rental income, an attractive yield, modernized living space, and additional development potential. An interesting opportunity for investors who are not only focused on the property’s current earning power, but also on the long-term possibilities of a property with character and potential.
Are you interested? Then please feel free to call me, Ms. Chutharat Clemens, Hassel Immobilien GmbH, authorized signatory, Tel. 02252-950120 or 0221-9643706.
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