$1,148,213

A residential ensemble consisting of two well-kept apartment buildings is for sale. These were built on a spacious plot with an area of approx. 2,856 m². The two houses offer an impressive living space of approx. 999 m² in total and comprise 41 rooms spread over various residential units. The construction meets modern standards and was most recently upgraded in 2012 with a comprehensive core refurbishment. The buildings were originally constructed in 1988. A key feature of these properties is the combined heat and power plant, which was installed in 2013 and ensures an efficient and sustainable energy supply. The heating system is technically up-to-date, resulting in both economic and ecological benefits. The annual income from the combined heat and power plant amounts to around €18,000 and underlines the economic viability of this property. A total of 18 free parking spaces are available to residents and guests on the premises, which considerably increases the everyday suitability for tenants with their own vehicles. The total rental income from the two apartment buildings currently amounts to € 72,876 per year, which corresponds to an attractive gross yield of 7.44 %. The spacious and well-designed residential units are mostly furnished in a modern style. Thanks to the modernization work carried out as part of the core refurbishment, the apartments are in keeping with the times. The room layout is functionally designed and offers versatile usage options for different living requirements. The solid building fabric and ongoing maintenance ensure that the entire complex makes a well-kept impression. The quiet yet easily accessible location appeals to a wide range of target groups. Shopping facilities, schools, kindergartens and local public transport are all within easy reach, ensuring a pleasant quality of living. The infrastructure is well developed, which has a positive effect on the demand for rental apartments. In summary, this property offers an attractive mix of extensive living space, modern technical equipment, economic stability and a pleasant living environment. The reliable rental income and the additional yield from the combined heat and power plant make these two apartment buildings an interesting choice for both private and institutional investors. You are welcome to arrange a viewing appointment to see the possibilities of this property for yourself.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1988
• Built in 1988
• Home size: 10,753 ft² / 998.98 m²
• MLS: 25421018
• Status: Active