$1,240,717

For sale is a well-maintained apartment building with a total of 7 residential units, situated on a spacious plot of 1,063 m². The property was built in 1970 and offers a total living space of approx. 426 m². Thanks to regular maintenance and targeted modernization, the building is in very good condition. Some apartments were extensively renovated in 2014, which has a positive effect on the furnishings and living comfort. The heating system was replaced back in 1995 - since then, a Viessmann oil heating system (Vitola-Biferral, 63 kW) has provided a reliable heat supply. The façade was insulated in 2005 and the building was given a new roof with dormers in 2011. Five of the seven apartments have balconies or terraces, which significantly increases the residential value for the tenants. In addition, five apartments are equipped with functional fitted kitchens. Other features include laminate flooring, double-glazed windows, a laundry room, cellar rooms and four outdoor parking spaces. The property is currently fully let and generates an annual basic rent of €46,260, making it an attractive addition to any real estate portfolio. The apartment building is located in the quiet and green Steinklingen district of Weinheim an der Bergstrasse. The location combines a natural environment with easy access to shopping facilities, schools, public transport and the urban centers of the Rhine-Neckar metropolitan region. It is precisely this combination of quiet living and urban proximity that makes the location particularly attractive for long-term letting. A property with potential and substance - ideal for investors looking for lasting value and solid growth. See the charm of this property for yourself and arrange a viewing today!

Amenities

• Bedrooms: 9
• Full Bathrooms: 7
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1970
• Built in 1970
• Home size: 4,585 ft² / 425.96 m²
• MLS: 25239614
• Status: Active