$870,882

Welcome to our exclusive offer for an apartment building with 18 modernized 1 room apartments and an additional possible 2.5 room apartment on the first floor. This apartment building is perfect for capital investors who are looking for an investment with a high return.The apartment building is divided into three floors, with six fully furnished apartments of approximately 16 to 20 square meters of living space on each floor. Each apartment is equipped with a hallway, a spacious living room with enough space for working area and bed, and a bathroom with shower. Apartment type B has a fully fitted kitchen and for apartment type A there is a small communal kitchen at the end of the hallway for each of the residents.On the first floor there is a currently used shared office space, which can be converted into another 2.5 room apartment. Further there is a laundry room, guest toilet and additional rooms for a lot of storage space on this floor.The apartment building is in a very well-kept condition and already has high-quality wood-aluminum windows and an oil condensing heating system with solar support. In addition, eight parking spaces are available in the courtyard. A small well-kept garden area is offered for the tenants' use.Thanks to its excellent location near the university, the apartment building is also ideal for students. There is a very good bus connection to the old town, which can also be reached in a few minutes by car.In summary, this apartment building is a great investment opportunity for capital investors looking for a high return. It offers modern and spacious apartments in a desirable location, ideal for students for example. Do not hesitate to contact us for more information and to arrange a viewing appointment.Living space:Ground floor approx. 60 sqm1st floor approx. 103 sqm2nd floor approx. 103 sqm3rd floor approx. 93 sqmAnnual rental income according to the current rental concept: 94,752.- Euro incl. ancillary costs with 7 percent sales tax. Additional annual rental income with rental 2.5 room apartment on the ground floor: approx. 7,200 euros + 8 x parking spaces: 3,240 = 10,440 euros.Viewing period apartment building this Friday 23.06.23 at 18.00. We ask for advance notice for the visit.

Amenities

• Bedrooms: 19
• Full Bathrooms: 19
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 3,864 ft² / 358.97 m²
• MLS: 23119012
• Web ID: ZK53T3
• Status: Available