FREE OF PROVISION: Apartment building as a capital investment with expansion potential

The apartment building is currently used as a 3-family house.

The ground floor is divided into two apartments of approx. 28 sqm and approx. 46 sqm.

The larger apartment also has approx. 30 sqm of heated space in the basement, which is currently used as a bedroom but is not officially a living space. The electrics, windows and bathroom were completely renovated in 2018 and a new kitchen was installed in 2024.

The smaller apartment is currently still largely in the condition typical of the year of construction.

The upper floor has 78 sqm of living space and has an additional balcony. The floors and walls have been repeatedly renewed. The windows were also replaced here in 2018. The kitchen and bathroom are in an older condition.

The house has gas central heating from 2016 and additional solar panels for water heating on the roof.

In total, the house generates a monthly basic rent of €1,822. One tenant on the first floor has a lifelong right of residence in return for payment of rent (rent increases are possible within the legal framework).

In addition, a further apartment can be built in the attic. The architect's plans and the building permit are available. This means that additional living space of 51 sqm can be created.

The basement offers additional storage space and has an additional shower and kitchen, which could potentially be used as a granny apartment.

The property is located in a lively area in Kirchheim unter Teck (Ötlingen) Kirchheim unter Teck. Bus route 161 is available within walking distance. Supra-regional destinations are easily accessible via the nearby S1 train line. Various restaurants, bakeries, supermarkets and two doctors are within walking distance. There are also two green areas and parks, two bars, a gym, a physiotherapist and a pharmacy.