| Living area approx. | 921 m² |
|---|
| Plot area | 526 m² |
|---|---|
| Usable floor area | 921 m² |
| Purchase price | 1.950.000 € |
|---|---|
| Price per m² | 2,117.26 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsProperty no.: 1072612
This attractive apartment building from 1905 offers investors an interesting opportunity to acquire an established investment property with ongoing rental income and additional development potential. The property comprises a total of 13 units, including 12 residential units and one commercially used unit operated as a café. With a total area of approximately 921 m², the property thus combines a diverse tenant structure comprising residential and commercial use, creating a solid basis for sustainable income generation.
The current annual net cold rent amounts to approximately €87,788 and underscores the property's existing income potential. At the same time, the current vacancy of two residential units offers further potential for optimising ongoing income. Two apartments with a total area of approximately 129 m² are currently vacant.
The historic construction year of 1905 also gives the building a distinctive period-property character and provides an interesting basis for a long-term hold strategy. For investors, the focus is particularly on the opportunity to further develop the existing income situation by re-letting the apartments currently being renovated. Once the ongoing measures have been completed, the existing vacancy can be reduced and the available rental potential better utilised. Thus, in addition to the rental income already being generated, the property offers a concrete starting point for sustainably optimising the investment.
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2.250.000 € Well-maintained, fully rented residential and commercial building with 13 units24116 Kiel
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