| Living area approx. | 540 m² |
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| Rooms | 16,5 |
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| Bathrooms | 7 |
| Plot area | 2675 m² |
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| Usable floor area | 76 m² |
| Rent excluding bills | 45.060 € |
|---|---|
| Service charge | 19.080 € |
| Total rent | 64.140 € |
| Purchase price | 797.000 € |
| Price per m² | 1,476.14 €/m² |
| Commission | 4,76% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsFor sale is a comprehensively modernized apartment building complex with a total of seven residential units, ten outdoor parking spaces and two garages. The property is situated on a plot of approx. 2,675 m² and offers approx. 539.92 m² of lettable residential space as well as approx. 76.36 m² of usable space.
Originally built around 1910, the building was supplemented over the years by several extensions and additions. Further structural extensions were completed in 1937 and 1990. Between 2019 and 2021, the property underwent extensive modernization and was expanded to include another apartment. Among other things, the roof, heating system, electrical wiring, gas connection and parts of the façade were renewed or refurbished. In addition, necessary windows were replaced, apartments were completed and further renovation work was carried out on floors and interior doors.
A total of around €265,000 was invested in modernization and expansion between 2019-2021. A particular focus of the work was the creation or expansion of additional living space.
The property is fully rented. The seven residential units have stepped-rent agreements, offering contractually predictable rental income growth. The apartments currently generate around €45,060 annually. In addition, ten parking spaces and two garages generate income of around €2,292 annually. Current annual net rent therefore totals approx. €47,352.
With seven residential units, an attractive plot size, additional income from parking spaces and garages, and a building that has already been extensively modernized, the property offers a solid basis for a long-term residential investment.
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