$1,495,818

This well-kept 4-apartment building is located in the beautiful Heidelberg district of Boxberg. The property was built in 1960 and the apartments have been modernized over the years. The property stands on a spacious plot of land measuring approx. 1,150 m². The house offers a living area of 380.36 m² and a total rentable area of around 405 m², as there is an additional living space of 24.64 m² in the basement. The house is currently fully let and is currently used as a shared flat. It generates a monthly basic rent of €6,250 and an annual rent of €75,000. This corresponds to an average rent per square meter of € 16.43. The price per square meter for the given living space is € 3,549.27. The annual basic rent in relation to the purchase price is 18 times, which represents an interesting and solid capital investment.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1963
• Built in 1963
• Home size: 4,094 ft² / 380.34 m²
• MLS: 25018032
• Status: Active