Apartment building with 6 units, additional building plot, inflation protection/commission-free

For sale is a well-kept apartment building in a central location in the thriving community of Meckesheim-Mönchzell. The individual apartments are fully and reliably let to pleasant tenants. The current rental yield is 5.00% based on the purchase price. All rental agreements are subject to indexation. The property is therefore particularly suitable as protection against inflation, for retirement or as an investment.
The house was largely rebuilt and extended in the 1990s in solid construction on the 738 sqm plot. The house is heated with future-proof pellets/electricity. The roof and the top and bottom floor ceilings are insulated. Double-glazed WERU brand windows in the main house (seals replaced in 2019) and Albohn brand windows (new in 2016) in the extension.
In 2016, the existing single-storey commercial extension was converted and converted into living space. Three spacious garages were also built. The total living space is around 430 sqm. The property now has 6 individual, highly sought-after apartments. Teaching stalls are no problem here. Attractive features include low service charges and good transport links. There are also 3 garages and a total of 5 additional parking spaces in the courtyard, as well as a garden/outdoor seating area for the tenants.
Each apartment is allocated a separate storage room, which is located in the communal areas on the first floor. The storage room for bicycles is also located here. The building is connected to the local fiber optic network and each apartment has its own connection to the fiber optic network in addition to the existing DSL. A SAT-TV connection is also available in each apartment.
The property has been renovated and modernized in recent years and can be taken over without further ado.
ATTENTION: An additional residential development is possible on the property as an extension to the existing building with a further two residential units of 60 sqm each in accordance with §34 BauGB. An official preliminary building permit for this is available!

Further information, pictures and figures are available on request in the exposé.

First floor:
Apartment 1: 63 sqm, 2 rooms, kitchen (including fitted kitchen), bathroom, utility room, tiled floors, pellet stove and underfloor heating (electric), parking space in the courtyard, extensive renovation including new bathroom in 2023.

1st floor:
Whg. 2: 64sqm, 3 rooms, kitchen, bathroom, tiled floors, pellet stove and underfloor heating (electric), garage in the courtyard, renovation in 2016.

Apartment 3: 76sqm, 3 rooms, kitchen, bathroom, tiled floors, pellet stove and underfloor heating (electric), garage in the courtyard, extensive renovation including new bathroom in 2020.

2nd upper floor:
Whg. 4: 63sqm, 3 rooms, kitchen (incl. co-rented fitted kitchen), bathroom, tiled floors, pellet stove and underfloor heating (electric), parking space in the courtyard, renovation in 2014.

Whg. 5: 69sqm, 2 rooms, kitchen (incl. co-rented fitted kitchen), bathroom, tiled and laminate floors, pellet stove and night storage heater (individual storage), parking space in the courtyard, extensive renovation including new bathroom in 2018.

Extension ground floor:
Apartment 6: 95sqm, 4 rooms (incl. open-plan kitchen/living room), bathroom, tiled floors, pellet stove, garage in the courtyard and additional parking space and garden/outdoor seating area, complete renovation in 2016.

The property is centrally located in the Mönchzell district of the up-and-coming municipality of Meckesheim-Mönchzell. The area around the house has recently been extensively renovated and attractively designed by the municipality as part of the town center redevelopment. Meckesheim-Mönchzell is centrally located in the Rhine-Neckar district and is part of the Rhine-Neckar metropolitan region, one of the most attractive and competitive regions in Germany. The Prognos Future Atlas attests the Rhine-Neckar district "very high opportunities" and according to the BW State Statistical Office, the population is forecast to grow steadily.
Meckesheim-Mönchzel­l, with its approx. 5300 inhabitants, has excellent connections to destinations such as Heidelberg, Mannheim, Sinsheim and Heilbronn via the S-Bahn line. The bus stop (the S-Bahn station is only 7 minutes away) is right next to the house. A cycle path also leads to the S-Bahn station in just a few minutes.
The community also has everything you need for your daily needs, such as Aldi, Lidl, Rewe, Penny, DM, pharmacies, various doctors, kindergartens, primary and secondary schools. Doctors, kindergartens, primary and secondary schools, etc.

Disclaimer:
All details are for initial information purposes only and do not replace the advice of a lawyer, tax consultant or architect/building expert. There is expressly no assurance or warranty, including to third parties, with regard to the topicality, correctness, quality or completeness of the information provided. This includes, in particular, image files, property details, construction plans, site plans or area details. Liability claims against the author or seller caused by the use or non-use of incorrect or incomplete information are fundamentally excluded, provided that there is no gross negligence or demonstrably intentional fault on the part of the author or seller. The offer is subject to change and non-binding. We expressly reserve the right to change, supplement or delete parts of the offer or the entire offer without prior notice or to discontinue publication completely or temporarily.
Only the contents of a notarized purchase contract are authoritative.