Property Highlights

Historic apartment building with turn-of-century charm
Spacious driveway and well-kept garden
Double garage, single garage, and carport
Approx. 416 m² rentable living space
Unfinished attic offers expansion potential
Close to shops, schools, and public transport

Overview

Built around 1902, this apartment building combines the historic charm of the turn of the century with the solid foundations of a comprehensive renovation carried out between 1991 and 1995. Set on a plot of approx. 519 m², the property boasts a spacious driveway, a well-kept garden and a practical outbuilding with a garage, a double garage and a carport. The rentable living space of approx. 416 m² is spread over a total of six residential units, consisting of a 2-room apartment, four 3-room apartments and a spacious 6-room apartment. In addition, approx. 224 m² of usable space is available. The unfinished attic opens up further potential for additional living space. Heating is provided by gas-fired floor heating systems. Three apartments are currently let and generate rental income of around € 960 per month or around € 11,520 per year. With an average rent of €5.53/m², there is attractive potential for rent increases through targeted renovations, modernizations and new rentals of the vacant residential units. The location boasts a good infrastructure with short distances to shopping facilities, schools, daycare centers and public transport. This property is an exciting opportunity for investors looking for a charming apartment building with development prospects in order to realize value appreciation through renovation and active rental management. Note: Once you have completed your contact details, the exposé will be sent fully automatically. Please contact us for further information and a viewing appointment.

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