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3 family house in a quiet location in Rettigheim, with development potential, broker-free

69242 Mühlhausen (Rettigheim) – Baden-Württemberg
454.000 €
8
Room
163 m²
Living Area
315 m²
Property
Private offer
house
multi-family house

3 family house suitable as capital investment or for own use, broker-free:
3 solitary apartments, ground floor living space approx. 61.22 m2,
first floor living space approx. 61.22 m2
DG living space approx. 40.84 m2
Floor area terrace I. First floor: approx. 22.75 m2
Garage floor area: approx. 55.8 m2
Parking space: approx. 40.42 m2

Total living space: approx. 163.28 m2 living space
Plot size: approx. 315 m2
The house has a full basement

Building fabric:
Year of construction: Residential building 1955
Extension (terrace / laundry room) 1958
Equipment: Normal quality
Type of heating: Oil heating,

Property:

This is a plot of approx. 315 m2, which is developed with a 3-family house with a floor area of approx. 83.17 m2, a covered entrance area with adjoining laundry room with a floor area of approx. 22.75 m2, a garage with approx. 55.8 m2 and a parking space with approx. 40.42 m2. There is no development plan for this property, which means that structural extensions or the construction of a new residential building are possible.

In addition, a building charge is registered. This makes it possible to construct an adjacent new building right up to the boundaries of the neighboring property.

The house was built in 1955 with stone walls. The ceiling from the basement to the first floor is made of concrete. The ceiling from the first floor to the first floor and the ceiling from the first floor to the attic are made of wooden beams. An extension (terrace, laundry room, porch) was added to the house in 1958. A dormer window was installed in the bedroom, living room and kitchen/dining room on the top floor in 1958.

The house is in good condition for its age. It has been maintained over the years and is therefore not "lived in". However, minor repairs are required. As far as we can see, the roof beam construction is in very good condition.

On the first floor and second floor there is a 2 1/2 room apartment with a kitchen with dining area, a bathroom, living room and bedroom and a small pantry.

Both apartments each have approx. 61.22 m² of living space and can be used separately or rented out. There is a covered terrace on the first floor. The terrace has a size of approx. 22.75 m2 and can therefore be arranged comfortably. The apartment on the first floor is currently being renovated. The entire electrical system is being completely renewed and the walls are being redecorated. The tiling is being renewed. The renovation work has now been completed. Laminate flooring is laid throughout the apartment. There is a fitted kitchen in the kitchen.

The apartment on the first floor was modernized in 1985. The hallway and kitchen/dining area were tiled, the living room was fitted with real wood parquet flooring and laminate flooring was laid in the bedroom. All rooms were fitted with a wooden ceiling. The entire electrical system was renewed in 1985. The shower/WC was retiled in 2021 and the shower tray and wash hand basin were renewed.

Heating pipes were laid in each room on the first floor and first floor in 1985 and a radiator was installed in each room. The windows were renewed.

The rooms on the top floor have been designated as an apartment with a living space of approx. 40.42 m2 in the floor plan since 1955 and can therefore be used as a fully-fledged residential unit or rented out after renovation work and the installation of electrics, heating and sanitary facilities.

The garage was newly built in 1983 and has a floor area of approx. 55 m2. The floor was tiled at the time. In 2021, the ceiling was newly insulated, plasterboarded and repainted. The electrics and fuse box were renewed at the same time. Due to the size of the garage, it is an ideal retreat for "hobbyists".

Are you interested in this house?

Object Number
OM-349718
Object Class
house
Object Type
multi-family house
Is occupied
Vacant
Handover from
by arrangement

Purchase price & additional costs

purchase price
454.000 €
Purchase additional costs
approx. 28,797 €
Total costs
approx. 482,796 €

Breakdown of Costs

Purchase price 454.000 €
Real estate transfer tax 22,700 € (5.00%)
Notary costs 4,034 € (0.89%)
Land register entry 2,063 € (0.45%)
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: 1,637€

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 3.41%

Details

Condition
well-kept
Number of floors
3
Bathrooms (number)
3
Bedrooms (number)
3
Number of garages
1
Number of parking lots
2
Flooring
parquet, laminate, tiles
Heating
oven heating
Year of construction
1955
Equipment
terrace, fitted kitchen
Infrastructure
kindergarten, public transport

Information on equipment

Refurbishment/renovation measures carried out:

1983A demolition of a barn and construction of a new garage with a floor area of
approx. 55 m2.

In 2021, the entire ceiling of the garage was insulated and then clad with plasterboard
and painted with white paint. Exterior wall to the inner courtyard is
tiled.

2021 Rewiring of the garage

Residential building:

1985Renewal of the electrics on the ground floor
1985 Installation of an oil heating system with radiators on the ground floor and first floor
1985 Renewal of the windows on the ground floor and first floor

1992Construction of the roof over the parking space
2002Construction of the roof over the terrace on the first floor

2008Renewal of the roof of the residential building
2008Renewal of the gutters and drainpipes
2008Renewal of the fireplace in the attic with renewal of the chimney and chimney cover

Replacement of the water boiler in the cellar
Renewal of the garage roof

2024Renewal of the water supply pipe and meter connection
2024 Renewal of the electrics with subsequent wallpapering work on the first floor

Please note that I am not a building expert but a layman. All statements and my information were made as far as we could see even as a layman.

Location

The house is located in Rettigheim, with just under 900 inhabitants. It is a beautiful and quiet residential community, surrounded by forest and vineyards. You can enjoy the nearby forest within a few minutes' walk.

Rettigheim has a bakery and a small grocery store. Both stores can be reached on foot in less than 5 minutes.

You can be in Rauenberg, Wiesloch or Östringen in just a few minutes. Here you will find more stores for your daily needs. In the neighboring community of Rauenberg there is a direct freeway connection to the A6/A5.

The entire street and sidewalk were renovated in 2022/23. In this context, fiber optic cable was laid in the street. The fiber optic cable is expected to be available for internet use at the end of 2025.

My better half and I had intended to renovate/refurbish the property ourselves and then rent it out. I am now 66 years old and frankly, I am in over my head. As the owner of a house, you're never out of work. Normally this is also fun. But unfortunately, for health reasons, I can no longer take care of the little things.

Location Check

Natur
Medizin
Mobilität
Sport

Energy

Main energy source
oil

Miscellaneous

Advantages of the property:

The property has various advantages. As this is an apartment building with 3 apartments with approx. 40.84 m2 and approx. 61.22 m2
living space, the apartments can be rented out. The apartment on the first floor and second floor are already prepared for letting. The apartment on the ground floor requires some renovation work before it can be rented out.

As the plot has further development potential, another house can be built. The financing costs can be covered by the rental income.

However, the first floor and first floor or first floor and attic can also be converted into a maisonette by renovating the existing building.

If we have aroused your interest in our property, please arrange a viewing appointment with us.

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: Joachim Appel

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