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Modernized and well-let apartment building in Stuttgart East
70186 Stuttgart (Ost) – Baden-WürttembergRepresentative old building from the Wilhelminian era with a beautiful clinker brick façade and 2.85m clear ceiling height. Well-designed apartments, each with three rooms accessible from the hallway, with shower room and kitchen.
Extensive modernization in 2019/2020 with the following measures. Installation of new sewage and water pipes (stainless steel), as well as central gas condensing heating. Modernization of the shower rooms. Refurbishment of the original pitch pine floorboards and apartment doors. New woodchip wallpaper and paint. New flooring in kitchens and installation of modern kitchens with Bosch electrical appliances (without fridge). Decking made from Douglas fir planks. Installation of modern fitted kitchens. Inspection and partial renewal of the electrical sub-distribution from the apartment fuse box, as well as sockets and light switches. Energy measures with basement ceiling insulation, roof insulation and hydraulic balancing. Redesigned entrance area and new wooden entrance door. Construction of a new terrace in the garden. Installation of four washing machines and dryers in the basement.
Are you interested in this offer?
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Object Number
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OM-323959
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Object Class
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apartment building or investment property
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Object Type
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apartment building
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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1.300.000 €
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Purchase additional costs
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approx. 80,611 €
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Total costs
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approx. 1,380,610 €
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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
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Estimated monthly rate: 4,108€
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Details
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Condition
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modernized
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Year of last modernization
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2020
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Number of floors
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4
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Total area
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248 m²
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Net rental income (actual) p.a.
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52700 €
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X-times rental income
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25.00
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Number of units
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4
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Flooring
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other (see text)
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Heating
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central heating
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Year of construction
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1914
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Equipment
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balcony, terrace, garden, basement, 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
Refurbished Pitch Pine floorboards
Fitted kitchens
Functional, beautiful shower baths
Location
Well-connected to local public transportation, quick routes to Stuttgart's main train station or the Daimler plants.
Location Check
Energy
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Final energy consumption
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120.00 kWh/(m²a)
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Energy efficiency class
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D
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Energy certificate type
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consumption certificate
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Main energy source
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gas
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Miscellaneous
Expansion potential in the attic
All rental agreements are indexed
The relationship with the tenants, the majority of whom are professional academics between 25 and 35, is extremely good.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Topic portals
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Offer from: Tobias Schimmer
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