| Type | Flat |
|---|---|
| Living area approx. | 79 m² |
| Bedrooms | 2 |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Usable floor area | 79 m² |
|---|
| Purchase price | 240.000 € |
|---|---|
| Price per m² | 3,037.97 €/m² |
| Commission | 0 |
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This 3-room apartment is located on the 2nd upper floor of a high-rise building constructed in 1970 in Stuttgart-Möhringen. With approx. 79 m² of living space, it offers a practical room layout and is suitable both for investors looking for an already rented property with ongoing rental income and for buyers who are considering owner-occupation in the longer term.
The living area comprises three rooms, a bathroom, a separate WC, and a practical storage room. The bathroom has a washing machine connection. The floor coverings consist predominantly of laminate and tiles. Double-glazed plastic windows provide a solid basic standard of fittings. A particular highlight is the south-facing balcony, which is accessible from both the living room and the bedroom and offers a pleasant outdoor area. The existing fitted kitchen was provided by the tenant and is not part of the property. The apartment also includes an underground parking space, which adds to everyday convenience. The purchase price for the parking space is an additional €10,000
The building has an elevator and is looked after by a property management company. Building cleaning and winter service are also organized. Various modernization measures have been carried out in recent years. In 2023, the walls were painted, the floor coverings were renewed, and the electrical system was refurbished. The fittings in the bathroom were replaced, while the separate WC was comprehensively modernized. The elevators were already renewed around 15 years ago. Work is currently being carried out on the roofs, as well as a modernization of the garage facility. In addition, a photovoltaic system for self-supply of electricity is planned. Heating is provided by an oil-fired central heating system from 1999.
The apartment has been rented since 2023 and generates monthly rental income of €780. The current monthly service charge is €543, of which €162.68 is allocated to the reserve fund contribution. An adjustment of the reserve fund contribution is planned. The ongoing maintenance and modernization measures and the associated costs should be taken into account when making a purchase decision.
Overall, this apartment offers an interesting opportunity for investors who wish to benefit from an existing tenancy. At the same time, it can be attractive for buyers who envisage later owner-occupation can. Existing tenancies and the statutory requirements for a possible termination for personal use must be taken into account.
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249.000 € COZY LIVING WITH TERRACE IN THE GREEN70567 Stuttgart
249.000 € COZY LIVING WITH TERRACE IN THE GREEN70567 Stuttgart
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