$1,406,939

In the heart of Künzelsau's central downtown location, this impressive residential and commercial building presents itself as a high-yield investment with additional development potential. The building was extensively refurbished in 2012 and has been in an extremely well-kept and modern condition ever since. The combination of an attractive location, solid tenant structure and high-quality fixtures and fittings makes this property particularly interesting for investors with vision. The following rental income and data at a glance: Commercial: EUR 2,340 / month = EUR 28,080 / year Residential 1: EUR 850 / month = EUR 10,200 / year Residential 2: EUR 450 / month = EUR 5,400 / year living 3: EUR 200 / month = EUR 2,400 / year Total: EUR 46,080 / year On a generous plot of approx. 1,620 m², the property extends over several levels with a total of approx. 320 m² of living space. There is a spacious commercial unit on the first floor, which is currently fully occupied by a main tenant and a subtenant. The unit consists of a total of four rooms, two separate WC facilities, a small kitchenette and a balcony at the rear - ideal for long-term and stable commercial use. The second floor houses a spacious residential unit with four rooms, a kitchen with a functional fitted kitchen, a modern bathroom with shower, a separate WC and a large balcony, which offers additional living comfort. There are two modern, light-flooded apartments on the top floor, one of which has been designed in maisonette style and offers the apartment on the second level additional usable space and adds an architectural touch. Both residential units have an open-plan living, dining and kitchen area, a bedroom and a bathroom with shower and WC. All parties are easily accessible via a central staircase. The basement boasts an impressive vaulted cellar, two locked cellar compartments, a small deep cellar, a sauna, showers and a communal laundry and utility room. As part of the core refurbishment, all structural and technical elements were brought up to a modern standard: the façade was given full thermal insulation and all windows were replaced with high-quality, triple-glazed models. Inside, all pipes (electricity and water), walls and ceilings were renewed and floor coverings refurbished. The heating system was also completely replaced and ensures modern energy efficiency. Another extremely interesting aspect is the existing large building window on the property, which allows for additional development - ideal for future extensions or new-build projects. Further information on this can be provided in a personal meeting. The property is fully and very well let - an immediate entry into an ongoing, profitable investment is therefore easily possible.

Amenities

• Bedrooms: 6
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: Manufactured In Park
• Year Built: 1888
• Built in 1888
• Home size: 3,444 ft² / 319.96 m²
• MLS: 25256248
• Status: Active