| Type | Block of flats |
|---|---|
| Living area approx. | 257 m² |
| Rooms | 9 |
|---|
| Plot area | 579 m² |
|---|
| Purchase price | 195.000 € |
|---|---|
| Price per m² | 758.75 €/m² |
| Commission | 4,76% (4,76% Käuferprovision vom Kaufpreis inkl. gesetzl. MwSt.) |
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More financing calculators and assumptionsFor sale is a four-family residential building on a plot of approximately 579 m². The property has a total living area of approximately 257 m², distributed across four residential units. Three apartments are currently rented, while one apartment is vacant. The current annual net cold rent is €10,680. At full occupancy and rental at locally customary conditions, an annual net cold rent of approximately €13,200 appears achievable. This offers investors the opportunity to generate additional rental income by renting out the vacant residential unit.
A particular highlight of this property is its quiet, established residential location. The pleasant living environment and neighborly atmosphere are appreciated by tenants and create good conditions for stable long-term letting. For investors, this provides a solid basis for sustainable rental demand.
The property extends over three floors and is partially basemented. Various modernization and maintenance measures have been carried out in recent years. The roof covering was renewed around 2005 with bitumen shingles. The south façade received 10 cm of thermal insulation in 2019, while the west gable was fitted with a durable Prefa cladding in 2022. If required, the north and east façades offer further potential for energy optimization through the subsequent installation of an external thermal insulation composite system.
Heating is provided by a gas central heating system from 2017 for the ground and upper floors, supported by a solar thermal system. The attic has a separate gas-fired apartment heating system from 2012. In the ground-floor apartment and in one apartment on the upper floor, underfloor heating provides additional living comfort.
As part of apartment renovations, the electrical installation was renewed after 2005. The fuse and distribution box dates from 2006. Measures concerning the drinking water and wastewater pipes were carried out in 2009. The plastic windows with double insulating glazing were installed in 2007. Balconies were added on the south side in 2008, further enhancing the quality of living in the units.
The undeveloped attic is used as storage and utility space. The property is complemented by an extension, which serves as a bin and bicycle room on the ground floor and is assigned to Apartment 2 on the upper floor.
The property is connected to the public Connected to the sewer system. No real rights are registered in the land register. As there is no heritage protection, future modernization measures can generally be planned more flexibly.
For investors, this apartment building offers a solid basis with existing rental income, a manageable property size and additional development potential through the vacant residential unit as well as possible further energy-efficiency improvements. The quiet residential location supports sustainable lettability and makes the property an interesting investment opportunity.
Discover the potential of this four-unit apartment building with development opportunities for investors. We would be pleased to present the property to you during a personal viewing. We look forward to your inquiry.
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