High-quality, energy-efficiently renovated apartment building with strong yield - 6 units

This charming apartment building from around 1920 has been extensively renovated to a high standard in recent years and now offers modern comfort in a historic setting. The building houses a total of 6 units, including 5 apartments and a practice on the first floor. The practice, a physiotherapy practice, extends over a generous approx. 120 m² and is ideal for commercial use. The living space therefore covers approx. 290 m² across all residential units.
In 2022, all apartments underwent extensive refurbishment. Particular emphasis was placed on contemporary fixtures and fittings. Each apartment now shines with modern LED spotlights, smooth radiators, white interior doors, fire-resistant apartment doors, level-access showers and timelessly elegant bathrooms. High-quality Villeroy & Boch tiles and laminate flooring in combination with new fittings ensure an upscale living experience.
The building itself has also been extensively modernized in recent years: New roofing was installed in 2022 and the skylights were replaced with new, energy-efficient models. The façade was also renovated and fitted with 12 cm of modern insulation, which not only improves the appearance but also the energy efficiency of the building considerably. The stairwell was also extensively renovated and given a stylish, modern design. A gas condensing boiler from 2020 heats the property.
Most of the windows have been replaced with new, triple-glazed models, which ensure optimum thermal insulation and soundproofing. The front door and apartment doors were also replaced in 2022, giving the house a modern and inviting look both inside and out.
The outdoor area was also upgraded: The parking situation was optimized with new fencing, which adds charm to the entire property. The building has a total of 15 parking spaces, providing residents and users of the practice with convenient parking directly on site.
This property not only offers high-quality fixtures and fittings, but also a very good location. All apartments have hot and cold water meters as well as heat meters to ensure correct billing. The characterful apartment building is fully let. All tenants are solvent, get along well and pay their rent on time. The net cold rents amount to a total of approx. 3,700 € per month and 44,400 € p.a.

Due to the year of construction before 1930, increased depreciation (depreciation for wear and tear) can be applied.

The municipality of Schwalbach in Saarland is located in a quiet and natural environment, ideal for people who appreciate living in a rural idyll and at the same time want to benefit from good connections to urban centers. The district of Elm is part of Schwalbach and offers a high quality of life in the midst of green surroundings.

There are numerous opportunities for leisure activities in the immediate vicinity, such as hiking and cycling trails, which make the rural surroundings a popular destination for nature lovers. Schwalbach itself offers a good infrastructure with supermarkets, local stores, schools and medical facilities that make everyday life convenient.

Thanks to its convenient location, the cities of Saarbrücken and Neunkirchen are easily accessible, meaning that both professional and private errands can be completed quickly and easily. The connection to the A8 and A620 makes it possible to reach even more distant destinations quickly.

The region offers an excellent mix of tranquillity, nature and easy access to important urban centers, making Schwalbach, especially the Elm district, an attractive place to live for families and commuters.