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Apartment building with 6 residential units as a capital investment

69124 Heidelberg (Kirchheim) – Baden-Württemberg
1.190.000 €
405 m²
Living Area
571 m²
Property
Private offer
apartment building or investment property
apartment building

This high-yield apartment building with a net rental income of approx. €50,000/year is situated in an attractive location in Heidelberg-Kirchheim and offers an excellent opportunity for long-term real estate success.

Built in 1963, the property was extensively modernized and renovated between 2014 and 2019. With a rentable area of approx. 405 m², spread over three floors, it offers sufficient space for several residential units.

The furnishings of the residential units can be classified as upscale, with 4 apartments having their own balcony. There is also a communal garden, a laundry room and a bicycle garage. The building is heated by a gas heating system. The municipal heating plan of the city of Heidelberg provides for a connection to the district heating network in the near future, which will increase the long-term market value of the property.

Take this opportunity to invest in this promising apartment building in Heidelberg-Kirchheim. Arrange a viewing appointment today and see the benefits of this property for yourself.

Are you interested in this offer?

Object Number
OM-319033
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
immediately

Purchase price & additional costs

purchase price
1.190.000 €
Purchase additional costs
approx. 73,719 €
Total costs
approx. 1,263,718 €

Breakdown of Costs

Purchase price 1.190.000 €
Real estate transfer tax 59,500 € (5.00%)
Notary costs 9,401 € (0.79%)
Land register entry 4,818 € (0.40%)
Broker commission 0€ (0%)

* 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: 4,054€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.11%

Details

Condition
modernized
Year of last modernization
2019
Number of floors
3
Total area
405 m²
Number of garages
1
Number of parking lots
3
Net rental income (actual) p.a.
50000 €
Number of units
6
Flooring
laminate, tiles, vinyl / PVC
Heating
central heating
Year of construction
1963
Equipment
balcony, garden, basement, shower bath, fitted kitchen, guest toilet
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Extensive modernization and renovation work was carried out between 2014 and 2019 to improve the living comfort and energy efficiency of the property on offer.
- The sanitary facilities were completely modernized. New bathrooms and WCs with
modern facilities offer residents a pleasant level of comfort and hygiene.
and hygiene.
- All water pipes have been renewed.
- The kitchens have also been completely renovated. Modern
kitchen units and electrical appliances ensure a pleasant cooking experience.
- In addition, the floors have been replaced with easy-care and attractive vinyl coverings
or tiles, which increase living comfort and are also durable.
- The house's electrics were also checked and renewed as part of the modernization
renewed to meet current safety standards. New sockets
sockets and switches were installed and cables replaced to offer the residents more
comfort and safety for the residents.

In summary, this modernized apartment building in Heidelberg-Kirchheim not only offers attractive living space, but also contemporary features that significantly increase living comfort. The modernizations and renovations carried out also contribute to increasing the value of the property and make it an attractive investment opportunity.

Location

The property is in a quiet yet central location in Heidelberg-Kirchheim, which makes it particularly attractive.
The connection to the infrastructure is excellent: public transportation can be reached in just 5 minutes on foot, the nearest main train station is 10 minutes away and the nearest highway can also be reached in 10 minutes. The airport can be reached in around 45 minutes by car.
The district has well-established schools and kindergartens, green parks and a high quality of life.

Location Check

Sport
Mobilität
Einkaufen
Medizin
Restaurants
Natur
Kultur
Nachtleben

Energy

Final energy consumption
206.00 kWh/(m²a)
Energy efficiency class
G
Energy certificate type
consumption certificate
Main energy source
gas

PDF

Miscellaneous

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: Prof. Dr. M. Müller