| Type | Block of flats |
|---|---|
| Living area approx. | 230 m² |
| Rooms | 9 |
|---|
| Plot area | 711 m² |
|---|
| Purchase price | 689.000 € |
|---|---|
| Price per m² | 2,995.65 €/m² |
| Commission | 3,57% |
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More financing calculators and assumptionsThis versatile residential and commercial property in a central location in Ludwigshafen-Oppau is aimed in particular at investors, property owners and project developers seeking a property with existing income and additional development potential.
On a plot of approx. 711 m², there is an ensemble consisting of a two-family house with two rented residential units, a likewise rented single-family house, a leased commercial unit used for gastronomic purposes, and a spacious hall.
A shared inner courtyard connects the various building sections.
According to current information, a total of approx. 230 m² of living space, approx. 90 m² of commercial space, as well as additional hall and usable areas are available.
Each of the three residential units has several rooms, a kitchen and a bathroom.
The currently contractually agreed rental and lease income, including three rented garages, amounts to €2,220 per month or €26,640 per year.
The existing residential rents are at a moderate level and therefore offer potential for future income increases within the scope of legal and contractual possibilities.
The property includes a total of five parking spaces.
The property is already professionally managed by Haus & Grund, so existing management structures can be taken over.
The building ensemble, constructed in 1956, requires renovation and refurbishment.
This is precisely where additional potential lies for investors:
In addition to the gradual modernization and optimization of the existing property, the plot size and central location could also make a future structural reorganization or project development attractive.
Whether and to what extent new construction, greater structural utilization or alternative use can be realized has not yet been conclusively examined and must be coordinated with the responsible authorities.
The property therefore offers an interesting combination of existing residential and commercial income, a large plot and long-term development potential.
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