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This spacious apartment with a great south-facing balcony is located on the first floor of a 16-party house built in 1974 in a sought-after location in Grubweg, a good 5-minute drive from the center of Passau.The centerpiece of the 47m² apartment is the 29m² room with south-facing balcony. The apartment has a chic fitted kitchen. The bathroom, renovated in 2022, is equipped with a shower, WC, washbasin, heated towel rail and a washing machine connection.The apartment has a cellar compartment and a fully-fledged, above-ground parking space, which must be purchased for € 6,000.The net living area is 39m² plus a balcony terrace of 15.64m², half of which is added to the total living area of 47.01m².The property is currently rented. The monthly rental income is € 420,- plus € 35,- parking spaceThe purchase price is € 119.000,- (€ 2.530,-/m²)The fully-fledged parking space costs an additional € 6,000.The total purchase price is therefore € 125,000.The house fee is currently € 221/month (incl. heating, janitor, cable TV, garbage, water, etc...) Of this, € 65.23 per month goes into the reserves. The net house rent therefore amounts to € 155.77.Status of the reserves as at 31.12.2023: € 75,320.87, apartment share: € 2,947.85