| Type | Block of flats |
|---|---|
| Living area approx. | 2016 m² |
| Year built | 1956 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 75 |
| Fuel type | Gas |
| Plot area | 2167 m² |
|---|
| Purchase price | 3.300.000 € |
|---|---|
| Price per m² | 1,636.90 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsFor sale is a fully let apartment building with 29 residential units in an attractive location close to Fulda city center. The building was constructed in 1956 and has approx. 2,016 m² of living space on a plot of approx. 2,167 m².
The apartment portfolio is characterized by a sustainably lettable structure with predominantly compact to medium-sized units. The property is fully let and currently generates annual net cold rent of €163,555.20. The average net cold rent is approx. €6.82/m².
The property also offers further income potential: The next rent adjustment is scheduled from January 2027 and opens up additional opportunities to increase ongoing income.
The property also offers interesting structural prospects. The attic has further development potential and, according to the considerations available, offers the possibility of creating up to four additional residential units. The specific eligibility for approval and feasibility must be reviewed by the purchaser.
The building stock is characterized by solid construction quality as well as practical and market-oriented standard fittings. In conjunction with full occupancy, the good apartment structure and the additional development and rent increase potential, the property offers an interesting basis for long-term-oriented investors.
Summary:
+ 29 residential units - fully let
+ approx. 2,016 m² of living space
+ approx. 2,167 m² of plot area
+ Year built: 1956
+ Annual net cold rent: €163,555.20
+ Average net cold rent: approx. €6.82/m²
+ Attractive rent development potential
+ Decentralized heating supply via individual gas boilers
+ Potential for up to four additional residential units in the attic
+ Established apartment portfolio in a sought-after location in Fulda
If you are interested in the property, we look forward to receiving your enquiry via the contact form, stating your full contact details and a telephone number at which we can reach you personally.
Further photographs and property documents will gladly be provided after your enquiry. The sale is commission-free as a private sale directly by the owner.
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The property is located on Gallasiniring in an established residential area close to the city centre of Fulda. According to the owner, Fulda city centre can be reached in approximately five minutes on foot.
The location therefore combines short distances to the city centre with good access to the existing infrastructure. Shopping facilities, service providers, restaurants, medical care and other amenities for daily needs are all within easy reach. The area around the railway station and central supply areas can also be reached quickly.
The immediate surroundings are characterised by multi-storey residential buildings, established residential structures and green spaces. The proximity to Ostend and Künzeller Straße also ensures good access to the wider Fulda urban area.
Additional locational benefits arise from current and future developments in the immediate vicinity. These include, among other things, new educational facilities or a new school, as well as, in particular, the immediate proximity to the former Gummiwerke/Goodyear site. The future development of this site may further enhance the immediate surroundings and bring additional momentum to the location.
The combination of proximity to the city centre, good infrastructural connections, stable demand for housing and further development potential makes the location particularly attractive to long-term-oriented real estate investors.
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