Apartment building with potential: return, space for family & development opportunities!

Information

Selling Price & Extra Costs

About this dream house

Property Description

Top investment in Schmalkalden – Modernized apartment building with solid return

Invest in a first-class property in Schmalkalden: Offered is a comprehensively renovated apartment building with approx. 460 m² of living space, divided into 4 residential units and 1 commercial unit. In addition, approx. 50 m² of usable space is available.

Investors at a glance:

Annual net cold rent (actual): 44,040€

Purchase price: 695,000 €

Current gross yield: approx. 6.34 %

Living and usable area: approx. 510 m²

Units: 4 apartments + 1 commercial unit

Modernization: Complete renovation completed in 2024 – no backlog of maintenance

Rental status: 5 units rented long-term

Strong argument for capital investors:
Thanks to the comprehensive renovation from 2020 to 2024, there is no backlog of maintenance. No major investments will be necessary in the next 10 years. This gives you high planning security and stable cash flow without unexpected additional costs.

Features and highlights:

22 spacious rooms, including 10 bedrooms

5 modern bathrooms

High-quality fitted kitchens with windows

Well-kept garden and terrace areas

Fully basemented with additional storage space

Attractive mix of apartments for a broad tenant target group

Your investment advantage:
This property offers you a solid entry-level rent, additional development potential and excellent substance – ideal for long-term oriented investors who value preservation of capital and predictable returns.

Secure capital now and invest with ease!
Further details, the virtual tour and the option to arrange an appointment can be found on our website: www.hauptmakler.de
Or contact us directly: info@hauptmakler.de | +49 3681 723981

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