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Capital investment - fully rented apartment building in Wallhausen
55595 Wallhausen – Rheinland-PfalzThe specified property is a constantly modernized, two-storey apartment building. The house was built around 1950. All rental units are solidly let. In recent years, a good and stable house community has formed.
The individual apartments are heated by means of gas heating - which was not converted to H2 ready systems last June. The gas supplier bills the tenant directly. The apartments have infrared heating, as this is the cheapest option for the tenants.
There are separate rooms in the basement for the apartments. There is also a drying room and a laundry room for the tenants.
There are a total of 5 parking spaces for cars in front of the building.
There is a meadow to the left of the house. This offers space for potential new energy storage and generation technologies.
The information has been provided to the best of our knowledge. The square meters are approximate and were taken from the previous owner. The house has not been re-measured. The property is sold as seen.
We ask that you do not ring the tenants' doorbells or otherwise enter the property without us.
Contact from estate agents is not welcome!
Are you interested in this house?
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Object Number
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OM-228624
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Object Class
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house
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Object Type
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multi-family house
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Is occupied
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Occupied
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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650.000 €
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Purchase additional costs
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approx. 41,086 €
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Total costs
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approx. 691,085 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 2,154€
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Details
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Condition
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well-kept
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Number of floors
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2
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Usable area
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100 m²
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Bathrooms (number)
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8
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Number of parking lots
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5
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Flooring
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tiles, other (see text)
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Heating
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floor heating
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Year of construction
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1950
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Equipment
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garden, basement
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, comprehensive school, public transport
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Information on equipment
The well-kept, two-storey apartment building is divided as follows:
two 3-room apartments on the ground floor and first floor with approx. 57 m2
two 2-room apartments on the ground floor and first floor with approx. 40 m²
two apartments with approx. 18 m² each
two apartments in the attic with approx. 35 m² according to DIN, the floor space is larger and can be used very well.
Due to the size, the attractive rental price and the location, the apartments can be rented out very well.
The rooms are all very well laid out and the sloping ceilings are high enough to provide plenty of storage space and even room for a bed underneath.
When choosing the materials, attention was paid to sustainability and ensuring that the breathing of the house is not destroyed. The floorboards are treated with oil and are therefore absolutely robust, easy to care for and quick to refinish.
The house has a small garden, which the tenants enjoy using. There is also a drying area for laundry. The path and drying area were newly laid out at the end of 2022.
The house also has a separate laundry room, a drying room and a boiler room.
In recent years, the bathrooms in the apartments have been renovated or modernized, the floorboards refurbished and new heavy apartment entrance doors installed. The stairwell has been refurbished and a new external cellar door has been installed. The main water pipe in front of the filter has been renewed, as have the risers, where accessible. The facade was redone a few years ago.
Six new high-quality and more efficient gas boilers were installed in June 2023, which are H2 Ready. The plot around the house is large enough to accommodate energy storage.
Location
The property is located in the wine village of Wallhausen in the district of Bad Kreuznach. This year, a discount store opened within walking distance. There is also a good infrastructure. A bakery, butcher, pharmacy, kebab shop, supermarket, integrative Realschule plus (GRS+), daycare center, outdoor pool and banks are all located directly in the village. The medical infrastructure is also available: GP, dentist, alternative practitioner, physiotherapist, vet, etc. There is a winegrower with a bar within walking distance of the property, which invites you to linger. More information can be found here
https://www.wallhausen.de/tourismus/ortsrundgang.html
In nearby Hargesheim there is a medical center, fitness studio, REWE, DM, petrol station. Bad Kreuznach can be reached in approx. 10 minutes by car. There is a bus line. Numerous hiking trails around Wallhausen invite you to take a trip.
Location Check
Energy
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Final energy consumption
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126.20 kWh/(m²a)
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Energy efficiency class
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D
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Energy certificate type
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consumption certificate
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Main energy source
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gas
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Miscellaneous
The rental income currently amounts to ~ 30,650 euros including parking space rent.
The energy certificate was issued before the new, more efficient gas boiler was installed. The energy values could be further improved by replacing the windows.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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Offer from: Andreas Botzian
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