$791,007

This spacious apartment building in Mainz-Hechtsheim offers enough space for three parties on a living area of approx. 267.54 m². Built in 1969, the house is in solid condition and has a total of 11 rooms, including 8 bedrooms and 3 bathrooms.The building is divided into three rental apartments and thus offers an attractive yield opportunity. The apartments on the ground and upper floors have a total of 4 rooms as well as a guest WC and a daylight bathroom. The apartment on the top floor has 3 rooms and a daylight bathroom. All apartments are rounded off by a well-designed kitchen.The residential unit on the first floor also has a terrace with a small garden area, while the residential unit on the top floor has a spacious balcony. Both the terrace and the balcony can be accessed via the current living and sleeping area.Three cellar compartments in the basement of the building and a drying room provide additional storage space. A bicycle cellar is also available to residents.A special feature of the property is the garden area with three small garden sheds, which are available to tenants. A garage is assigned to the residential unit on the first floor and a parking space in the courtyard of the tenant on the upper floor, providing convenient on-site parking.Overall, the property presents itself as a solid capital investment with attractive rental income, which currently stands at € 28,524 (net cold rent) p.a.Once the necessary and sensible refurbishment measures have been carried out, you will acquire an investment here that will remain highly attractive and stable in value for years to come.A viewing is worthwhile to convince yourself of the advantages of this apartment building.

Amenities

• Bedrooms: 8
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 2,879 ft² / 267.47 m²
• MLS: 24017029
• Web ID: MTVRYP
• Status: Available