$1,030,525

This attractive and well maintained apartment house is located in a quiet area of the Frankenberg quarter. With a total of 9 residential units and three garages, the house presents itself in a very well-kept condition. The total living space is approx. 470 m². The first floor apartment offers a spacious garden area, while the other units each have a balcony. All residential units are rented on a long-term basis and there are no rent arrears.The house and apartments have always been carefully maintained and renovated or refurbished as needed. In 2005, all windows were replaced and the facade was freshly painted. During the last tenant changes, most of the apartments were renovated and the bathrooms and electrical systems were renewed.The property has an ideal location in terms of transport and yet a quiet environment.Overall, this attractive property offers potential for rent increases due to the current rather low rents. In addition, there is the possibility to expand the attic and create additional living space for rental or owner occupancy!If you are interested, we would be happy to provide rental agreements, a rental schedule and further information.We are looking forward to your inquiries!

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 5,112 ft² / 474.92 m²
• MLS: 24027502
• Web ID: 42TAU5
• Status: Available