$1,055,192

This well-kept apartment building is located in a quiet side street in the popular Kiel district of Wik. The property impresses with its solid building structure, balanced mix of apartments and excellent rentability. The building has eight residential units with living spaces between approx. 38 m² and 68 m². These different sizes are particularly popular for letting, as they appeal to a wide range of tenants: from singles and students to couples and small families. The well thought-out floor plans of the apartments ensure optimal use of the living space so that not a single square meter is wasted. Bright rooms, a friendly atmosphere and a practical layout create a quality of living that tenants appreciate in the long term. This contributes to a stable and secure rental situation. The building has been continuously maintained and modernized. In 2009, for example, it was given a new roof and modern plastic windows, which ensure good thermal insulation and low energy consumption. Bathrooms, kitchens and floor coverings have been renewed in several apartments, ensuring a contemporary standard. At the same time, there is still potential for individual modernization in some of the units, offering long-term value appreciation opportunities for the new owner. A large basement area offers all residents generous storage space - an often underestimated advantage when it comes to tenant retention. For added convenience, six parking spaces are available on the property. This is a valuable asset, especially in urban locations. The location in Kiel-Wik combines tranquillity with centrality. Shopping facilities, doctors, restaurants and schools are in the immediate vicinity, as are public transport stops. Kiel city center, the fjord and the Kiel Canal are all within easy reach - an environment that is popular with long-time tenants and newcomers alike. Due to the sought-after location, the attractive apartment sizes and the constantly maintained building fabric, this apartment building represents a secure, high-yield and sustainable investment on the Kiel real estate market.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1961
• Built in 1961
• Home size: 4,606 ft² / 427.91 m²
• MLS: 25471030
• Status: Active