$1,216,367

A versatile residential and commercial building in a central location in Herrenberg is for sale. Built in 1955, the building presents itself as a functional property with great potential that is ideal for investors and capital investors. The property is fully let and therefore offers an attractive basis for sustainable income. The house has a total living area of approx. 279.90 m² and a plot area of approx. 623 m². In addition to the 4 separate apartments with a total of 12 rooms, there are eight bedrooms and four bathrooms. The usable area of approx. 178.90 m² provides additional space, for example for storage purposes or technical infrastructure. A significant part of the house is the commercial space on the first floor with approx. 161.94 m², which offers a variety of uses and is currently rented out. All four apartments are furnished in a functional and simple style. Some modernization work has been carried out in recent years: The gas floor heating dates back to 2000, a photovoltaic system with 11.8 kW was installed in 2010, and the plastic windows with double glazing were partially renewed in 2013. The intelligent combination of floor heating, central heating and electric heating allows flexible heating options for all units. The quality of the fixtures and fittings is of a simple standard that allows for individual customization by the future owner. Some of the apartments are in need of renovation, which provides scope for individual design ideas or further value appreciation. There are no private parking spaces available on the property. However, this is not a disadvantage for tenants and users due to the location close to the city center and the easy accessibility of public transport, especially the proximity to the S-Bahn stop. The pleasant infrastructure of the location should be emphasized. All facilities for daily needs, such as shops, doctors, restaurants and educational institutions, are within easy reach. The transport links are extremely advantageous due to the proximity to public transport and the good road connections. Due to its concept, the property is particularly suitable for long-term investors who are looking for a fully let property with stable rental income. Thanks to the existing residential and commercial units, the building opens up a wide range of potential uses - be it traditional letting, a later expansion of individual living or working areas or the gradual modernization of individual units in the portfolio. The monthly rental income amounts to approx. 3,736 euros in total or approx. 44,832 euros annually. For further information or an individual viewing appointment, please do not hesitate to contact us. Let us convince you of a versatile property in an attractive location.

Amenities

• Bedrooms: 8
• Full Bathrooms: 4
• Partial Bathrooms: 0
• Property Type: Manufactured In Park
• Year Built: 1955
• Built in 1955
• Home size: 3,012 ft² / 279.82 m²
• MLS: 25455025
• Status: Active