| Type | Block of flats |
|---|---|
| Living area approx. | 464 m² |
| Year built | 1910 |
| Available from | sofort |
|---|---|
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 803 m² |
|---|---|
| Parking spaces | 3 |
| Condition | Fully renovated |
| Type of energy certificate | Energy consumption |
| Floors in the building | 4 |
| Usable floor area | 464 m² |
| Energy use (kWh/m² per year) | 124,7 |
| Rental income | 59.700 € |
| Purchase price | 1.190.000 € |
|---|---|
| Price per m² | 2,564.66 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsThe multi-family home in Kempten, Sankt Mang has a total of 8 residential units and offers investors further development potential in addition to the existing rental income.
The current net rental income is €59,700 p.a. From the ground floor to the 3rd floor, there are two apartments on each floor, each with approx. 58 m² of living space.
The two apartments on the ground floor have been renovated. The entire building has PVC windows. Most apartments are in good or renovated condition. Individual apartments still require modernization, offering further potential for upgrading and optimizing rental income.
The attic also offers potential for expansion and thus the possibility of creating additional living space, subject to the necessary permits.
The property includes three garages and a spacious plot with a garden. Further development potential includes the possible subsequent addition of balconies and energy-efficiency measures to the building.
A future connection to the district heating network is generally conceivable. A district heating pipe is already located in the street.
In addition, discussions are underway with Deutsche Post and other providers regarding the possible installation of a parcel locker on the property. This could provide an additional income opportunity.
Overall, the property offers an attractive combination of existing rental income and various opportunities for further development and appreciation in value.
8 residential units
3 garages
PVC windows throughout the building
two renovated apartments on the ground floor
central heating
basement
spacious garden
various floor coverings, including parquet, laminate, tiles and vinyl
attic with potential for expansion
possibility of adding balconies at a later date
Most apartments are already in good or renovated condition. Individual apartments still require modernization, offering further potential for upgrading and the long-term optimization of rental income.
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The multi-family house is located at Duracher Straße 24 in Kempten (Allgäu), in the Sankt Mang district. The location combines good infrastructure with short distances to everyday amenities.
Shopping facilities, a primary school, kindergartens, doctors, a pharmacy and a range of dining options are nearby. A bus stop is just a few minutes’ walk away and provides good connections to local public transport.
The magnificent views of the Allgäu mountains are particularly attractive. At the same time, Kempten city centre is easy to reach. This location therefore combines good urban infrastructure with the high recreational value and scenic appeal of the Allgäu.