Commission-free: Old manufacturer’s villa, 6-family house with development potential 655m² living space – Foto 1

Commission-free: Old manufacturer’s villa, 6-family house with development potential 655m² living space

Published on 26/11/2025 · Last checked on 09/08/2026

Commission-free
Mühlgasse 20
69151 Neckargemünd
Baden-Württemberg
849.000 €
Selling Price
655 m²
Living Area
23,5
Rooms
TraumImmo-ID: WJHEQ6V
Partner-ID: 640602167
Partner-Property by: RegionalImmobilien24
Contact:
Anonymous

Information

TypeMulti-Family House
Living Area ca.655 m²
Rooms23,5

Property Area457 m²
Bedrooms12
Bathrooms5

Selling Price & Extra Costs

Selling Price849.000 €
Price per m²1,296.18 €/m²
Courtageno courtage for buyers

About this dream house

Property Description

ATTENTION: The property is still available, otherwise it would already have been deactivated. Please inquire IN WRITING ONLY. You are guaranteed to receive a response within 24 hours with a proposed appointment for the viewing, as well as all documents for the property in advance.

In the midst of the picturesque old town of Neckargemünd, this charming apartment building, formerly a manufacturer’s villa, dating from 1900, presents itself as a rare opportunity. The combination of historic substance under heritage protection, stable rental situation, and additional development potential gives this property its special appeal.

The property comprises six residential units on a 457 m² plot. Currently, five units and a garage are solidly rented. The rented units generate a total monthly net cold rent of 3,030 €, which already offers an attractive base return; additionally, the stripped-out unit in the attic could be rented after renovation for an additional 8 euro per square meter. The house has a basement and also has a bunker in the cellar. This results in a total usable area of 864m².

The attic apartment has already been completely gutted and is now waiting for a high-quality renovation according to your ideas, whether for personal use, further letting, or as an investment measure to optimize rental income. The condition of the house corresponds to that of a well-maintained older building with historical character. The substance is solid, and heritage protection also enables tax depreciation options for renovation measures.

The floor plan structure shows flexible and well-designed living spaces that allow for contemporary use and will become more attractive for future re-lettings.

The house also has a rented single garage as well as sufficient storage options in the cellar. The location in a quiet, historically developed residential environment with good connections to public transport and the nearby university city of Heidelberg underscores its sustainable rental potential.

This property combines long-term rental security with development potential. The existing income provides a solid base, while the unsanitary attic apartment opens up additional return opportunities. Take the opportunity to add a piece of city history with attractive funding opportunities and solid capital returns to your portfolio.

No energy performance certificate is required, as the building is listed.

You will receive further information online after your inquiry.


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Contact:
Anonymous

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