$1,872,959

For sale is an attractive package of two apartment buildings located on a plot of approx. 1,932 m². The property was built in 1910 and underwent extensive renovation and modernization in 1998/99. Two new gas central heating systems were installed in 2021 to improve energy efficiency.The total of 19 residential units offer good floor plans and a total living space of approx. 951 m². There is also a conversion reserve of approx. 75 m² on the top floor. The property is currently fully let and generates a net cold rent of approx. 81,336 euros per year. With a factor of 21.5 and a yield of 4.65%, this property offers an attractive investment opportunity.The certificate of completion and the subdivision plans from 1998 are already available. The new gas central heating contributes to the property's energy efficiency class C. The meters are centralized & digitalized and there are hot and cold water meters in the units.The location of the property is characterized by good local amenities. The university hospital and the main railway station are in the immediate vicinity.Overall, this property is ideal as an investment property and offers potential buyers a good potential return. The property impresses with its size, condition, location and fixtures and fittings. Interested buyers are cordially invited to arrange a viewing to see the benefits of this property for themselves.

Amenities

• Property Type: Multi Family
• Home size: 10,236 ft² / 950.95 m²
• MLS: 23165080
• Web ID: 4V5RHE
• Status: Available

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