$2,295,907

Listing currency: €1,980,000

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Karlsruhe / Oststadt, Germany 76131

For sale is a well-maintained apartment building from 1900 with an attractive living space of approx. 552 m². The property extends over a plot of approx. 299 m² and is in good condition. It is a classic apartment building/yield property that has been continuously maintained in recent years and is currently fully let. The current annual rental income is around €58,000 and can be increased to around €75,000, which offers interesting development potential for future owners. Due to its own use, the apartment on the 1st floor will be vacant from January. The building comprises a total of five residential units. Four of the five apartments have spacious balconies on the garden side, which create a pleasant retreat with plenty of natural light and increase living comfort. The well-tended communal garden rounds off the harmonious overall appearance of this property. The floor plans of the apartments are functionally designed and tailored to different needs: families as well as couples or individuals will find contemporary apartments that convey an appealing sense of space. Heating is provided by modern floor heating systems so that each residential unit is supplied independently. The apartments are furnished to a solid mid-range quality, offering both tenants and owners a reliable standard of living. Depending on the tenant, the bathrooms and kitchens are well maintained and functional. Large windows ensure a pleasant indoor climate and good lighting conditions. The building also offers the rare option of connecting the existing attic apartment with the adjoining loft. This opens up the possibility of creating a spacious, stately apartment with a roof terrace, thus further increasing the attractiveness of the building. The tenant structure is extremely pleasant: the tenants are good tenants who value a well-functioning and well-kept community. The structural condition also reflects this situation: the building is in good, well-maintained condition throughout. Regular maintenance work has already been carried out and no major investments are currently required. In summary, this apartment building presents itself as an attractive property with sustainable value development potential, fully let and well maintained - a rare opportunity that you should not miss out on. Feel free to arrange a viewing appointment to see the benefits of this offer for yourself.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1900
  • Built in 1900
  • Home size: 5,941 ft2 / 551.93 m2
  • MLS: 25015032
  • Status: Active

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 721 - 62 68 42 0 (Office Phone)

Contact VON POLL IMMOBILIEN Karlsruhe

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