| Type | Block of flats |
|---|---|
| Living area approx. | 215 m² |
| Bedrooms | 5 |
| Rooms | 7 |
|---|---|
| Bathrooms | 2 |
| Plot area | 135 m² |
|---|---|
| Usable floor area | 215 m² |
| Purchase price | 275.000 € |
|---|---|
| Price per m² | 1,279.07 €/m² |
| Commission | 3,57% (3,57 % inkl. 19% MwSt vom not. Kaufpreis) |
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More financing calculators and assumptionsAre you looking for a capital investment that pays off? Then we have exactly the right thing for you!
This well-maintained 2-family house from 1914 combines historic charm with an extremely attractive return and versatile investment opportunities. In a central location in the picturesque old town of Möckmühl, the property offers a perfect opportunity for capital investors who value ongoing rental income and a secure (TOP) return!
Across around 215 m² of living space, spread over three floors, a total of seven rooms are available. Two bathrooms, 2 kitchens, and storage options complement the property offering and thus enable versatile use.
The annual cold-rent income currently amounts to approx. €21,000 and corresponds to a gross rental yield of a proud 7.6% based on the underlying purchase price! The property therefore offers an attractive starting point for a return-oriented real estate investment. An investment that pays for itself and thus generates secure rental income! Where else can you still find such capital investments?
The structural condition is also convincing: The building has been continuously maintained and presents itself as well cared for overall. Parquet, laminate, and tile floors underline the homely character of the interiors, while the characteristic brick construction preserves the historic charm of the house. The central gas heating system dates from 2011. Windows, roof, and electrical systems are in a solid and contemporary condition.
A special plus is the three underground parking spaces. A valuable advantage in this central downtown location. They offer additional comfort and open up further rental potential.
Whether as a return-oriented existing property or as a long-term asset investment: This property combines high rental income, a central location, and the special character of a historic building into an interesting investment opportunity for your future.
Another major plus point: The entire house has been renovated inside and largely refurbished in recent years.
Extensive modernizations were carried out on the 1st and 2nd upper floors in 2014:
- Installation of a completely new bathroom, a guest WC, and a new kitchen, including all piping
- Installation of completely new electrical systems, including conversion of the old lamp lighting to modern LED technology
- Interior insulation of the individual rooms
- Renewal of floors and walls
The ground-floor apartment was also completely modernized in 2022 and 2023:
- Installation of a new bathroom as well as a new kitchen with all supply lines
- Renewal of the entire electrical system
- Installation of a submeter for separate consumption billing
- Interior insulation of the rooms
- Renewal of all floors and walls
The building was thus completely modernized on the inside. On both the ground floor and the upper floor, the kitchen, bathroom, and WC were newly installed, the electrical system was brought up to the latest standard, and all surfaces were consistently modernized. A thoroughly well-maintained home with historic charm on the outside and modern comfort on the inside!
The building was originally a small department store and housed a retail shop on two levels, with storage and utility rooms in the attic. A building permit for the renovation of these former commercial spaces has already been granted.
It is therefore once again possible to set up a retail unit or an office at least on the ground floor and continue to use the upper floors for living. Alternatively, the ground floor can thus be used commercially while the upper floor and attic serve as living space. This flexible use makes the property particularly attractive for self-employed people, freelancers, and investors.
Currently, both units—the ground floor (€850 cold) and the upper floor with attic (€900 cold)—are rented out and thus already offer ongoing, well-maintained rental income.
Whether for living, working, a combination of both, or a long-term investment... this property offers numerous possibilities, right in the center of the charming old town of Möckmühl!
What are you still waiting for? Secure your return now and benefit!
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