| Living area approx. | 397 m² |
|---|
| Plot area | 344 m² |
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| Usable floor area | 432 m² |
| Purchase price | 325.000 € |
|---|---|
| Price per m² | 818.64 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsProperty no.: 1072069
This multi-family home, built in 1914, offers investors an attractive investment opportunity with a solid building structure, modernization work already completed, and additional development potential.
The property comprises a total of five residential units and one office unit, with a total living area of approx. 397 m² and an office area of approx. 35 m².
The current rental situation is particularly appealing: all residential units are fully rented. The current annual net cold rent is approx. €25,339. In addition, there is further income potential through possible future rent adjustments.
As part of a comprehensive refurbishment between 1995 and 1997, the property was thoroughly modernized and brought up to a contemporary technical standard. In addition to measures to improve energy efficiency and preserve the building’s value over the long term, further renovation and modernization work was carried out in individual residential units as recently as 2023.
Features include two balconies, a courtyard with a terrace, and a garage with a driveway gate, which further enhance convenience.
Another highlight is the attic area, which is already approx. 40% converted and has a total area of approx. 100 m². Subject to official permits, there is additional potential to create further living or usable space.
Overall, the property offers an appealing combination of ongoing rental income, development opportunities, and long-term potential for appreciation.
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