Ecological building complex with potential

An apartment building is for sale, which was built in 1990 in timber frame construction.
There are a total of six residential units in the building complex, three of which are rented out.
The plastic windows from the year of construction are double-glazed and the building envelope between the stud frame and on the façade is insulated.
The timber frame is in good condition after the building components have been opened, as is the roof structure. Renovation of the building envelope is recommended in the medium term. A refurbishment concept for a KfW 70 house is already available.
The pellet heating system including storage, hot water preparation and buffer storage was replaced in 2023. As a result, the building is already heated in a CO2-neutral way, so there is no need to consider passing on any CO2 costs to the landlord.
Some of the three rented apartments are in need of renovation, but are well let to long-term, reliable tenants. The current basic rental income amounts to € 19,380.00 p.a. After adjustment and full letting, annual rental income of around € 42,000.00 is realistic.
One of the three vacant apartments has been gutted and is ready for refurbishment and letting, while the second vacant unit is ready for letting following the installation of new interior doors and flooring.
A further unit has been renovated and is ready to let.
The spacious plot offers plenty of garden space for tenants.
There is a separate cellar compartment for each residential unit in the basement, which is accessible at ground level. A separate parking space is allocated to each unit.

The area surrounding the Beilngries district of Paulushofen is characterized by detached houses and smaller residential complexes. The village is home to the well-known Euringer inn and a kindergarten. The nearest bus stop is just a few meters from the property.
From there, the city center of Beilngries or Ingolstadt is easily accessible.