Apartment building with good yield in Klettgau

Well-let apartment building with 3 official residential rental units. The main building was originally built in 1900. The extension combined with a complete renovation (electrical wiring, pipes, roof, all new etc.) was carried out in 1987. The top floor can also be converted. Another spacious 3-room apartment with approx. 90 m² of living space could be created here. The façade was renovated and insulated in 2013, the interior walls were replastered and the floors were resurfaced. The entire building is equipped with a solar PV system. The modernization in 2013 brought the building into a generally good condition.
On the first floor you will find a 2.5 room apartment and a 2 room maisonette apartment, which extends over the ground floor and first floor, each with a patio and storage room. On the upper floor you will find the 5-room apartment with a spacious roof terrace, a storage room and an open fireplace. In 2021, a further room with kitchenette and shower room was created in the extension on the upper floor. This is currently being used as an office by the current owner. The gas central heating, which was renewed in 2023, heats the entire building. The full feed-in of the 30 kWp PV system (with a feed-in tariff of approx. €6,000 per year) runs until Dec. 2032, after which it will also be possible to sell electricity to the tenants, which will generate significantly higher income than now. The monthly net cold rental income amounts to a total of € 3,236, or around € 38,832 per year. This corresponds to a gross yield of over 6 %.

The Klettgau is a fertile and idyllic valley. It lies on the eastern edge of the district of Waldshut and stretches across the Swiss border. Erzingen itself has its own train station, good connections to the B 34 and Zurich Airport is only 30.9 km away.