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Refurbished and vacant 6-party house with 3 garages - investment property in Karlsruhe Mühlburg
76189 Karlsruhe (Nordweststadt) – Baden-WürttembergAn extensively refurbished apartment building is for sale in the popular Mühlburg district of 76189 Karlsruhe. The property is commission-free and therefore an excellent opportunity for investors. Thanks to the complete refurbishment and energy upgrade, the property shines in new splendor and offers a variety of possible uses.
Due to its layout, the vacant building is ideal for flexible usage concepts, such as letting as a shared flat, short-term rental models or owner-occupation in combination with the letting of further residential units. Thanks to the wide range of options, this building offers an excellent opportunity to maximize returns.
Highlights of the property:
- Apartments: Each unit is furnished to a high standard and has a spacious eat-in kitchen, as well as a modern bathroom with shower or shower-bath and WC.
- Garages: Three lockable garages offer sufficient space for vehicles or storage areas. Further parking spaces are also available in the immediate vicinity.
- Garden: A beautiful garden invites you to relax and linger.
- Attic conversion: The property offers additional expansion reserves in the attic for two further apartments, which could significantly increase the monthly rental income.
Depending on the rental concept, a possible annual net cold rent of EUR 70,000 - EUR 85,000 can be realized. This makes the property an extremely profitable investment. Invest in this completely renovated apartment building and benefit from flexible usage options and an attractive yield.
Are you interested in this house?
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Object Number
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OM-313020
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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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Vacant
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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1.329.000 €
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Purchase additional costs
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approx. 82,236 €
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Total costs
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approx. 1,411,235 €
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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
Does this property fit my budget?
Estimated monthly rate: 4,439€
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Details
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Condition
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first occupancy after renovation
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Number of floors
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4
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Usable area
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349 m²
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Bathrooms (number)
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6
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Bedrooms (number)
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14
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Number of garages
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3
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Flooring
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tiles, vinyl / PVC
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Heating
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central heating
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Year of construction
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1958
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Equipment
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terrace, garden, basement, shower bath, fitted kitchen
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport
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Information on equipment
Six residential units, including:
- 1x four-room apartment with separate kitchen on the upper floor
- 2x three-room apartment with separate kitchen (ground floor + first floor)
- 1x two-room apartment with separate kitchen on the ground floor
- 1x 1.5 room apartment on the ground floor
- 1x one-room apartment in the basement with separate entrance (currently still under construction and therefore not included in the living space)
The house was extensively renovated in 2024 and all apartments have a high-quality fitted kitchen.
Location
The property is located in the sought-after Mühlburg district of Karlsruhe, a quiet yet centrally located area close to the Rhine harbor. All important facilities for daily needs, shopping facilities and public transportation are nearby and ensure a good infrastructure.
The nearest streetcar stop is a 5-minute walk away. The Europaplatz stop in the city center can be reached by direct streetcar in 13 minutes.
Location Check
Energy
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Energy efficiency class
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C
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Energy certificate type
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demand certificate
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Main energy source
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gas
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Final energy demand
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99.40 kWh/(m²a)
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Miscellaneous
If you are interested, I would be happy to arrange a personal viewing on site. Please
a current (provisional) financing confirmation from your bank or proof of capital.
proof of capital.
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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