$1,526,351

This well-kept residential property, built in 1997, comprises 11 apartments ranging in size from approx. 64 m² to 80 m². The house is in very good overall condition, has a well-kept staircase, a dry cellar and a gas central heating system that was renewed in 2020. The roof terrace of one of the top-floor apartments was recently completely refurbished. All apartments are currently rented. The current net cold rent amounts to around EUR 60,000 p.a., with realistic potential to increase to up to EUR 84,000 p.a. The current rent is around EUR 5.36/m² and thus offers considerable scope for adjustment - according to the rent index, around EUR 7.40/m² is possible, and even higher for new lettings. The property also includes 16 garages and 2 parking spaces, only some of which are let. Full letting opens up additional cash flow potential. The offer is rounded off by a small playground and a tidy waste disposal area on the property. The property is freehold (no heritable building right). Apart from the usual walking, driving and road rights, no encumbering entries are noted in the land register. The only encumbrances are a spacing area encumbrance and an association encumbrance. All development contributions have been paid. Overall, this is a property with a stable income situation and at the same time enormous potential for value appreciation through rent increases and full utilization of the garages. Our real estate consultants will be happy to provide you with further information.

Amenities

• Bedrooms: 17
• Full Bathrooms: 11
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1997
• Built in 1997
• Home size: 8,729 ft² / 810.94 m²
• MLS: 25075021
• Status: Active