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Undivided apartment building with lots of potential for sale
76863 Herxheim (Herxheim bei Landau (Pfalz)) – Rheinland-PfalzThe building is located in the heart of Herxheim and offers an excellent opportunity for investors or buyers looking for an individual design according to their ideas.
The house extends over several floors and has several residential units that offer space for different lifestyles. The spacious inner courtyard invites you to relax outdoors and offers a pleasant atmosphere for residents.
Condition and need for renovation:
The apartment building has been partially renovated.
Electrics: The entire electrics (wiring, fuses, feeders, sockets and switches) were replaced by a specialist company in 2023.
Air conditioning units: Numerous air conditioning units (heat pump) were installed to cool and heat all residential units. The owner is therefore free to choose whether to heat the property with electricity or gas.
Floors: Mainly new floor coverings, completed in 2024.
Walls: The walls have been completely redecorated and repainted.
Other: Two fitted kitchens in very good condition available.
One bathroom was not completed as part of the renovation.
Are you interested in this house?
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Object Number
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OM-291706
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Object Class
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house
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Object Type
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multi-family house
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Is occupied
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Vacant
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Handover from
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immediately
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Purchase price & additional costs
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purchase price
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490.000 €
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Purchase additional costs
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approx. 30,960 €
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Total costs
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approx. 520,959 €
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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
Does this property fit my budget?
Estimated monthly rate: 1,780 €
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Details
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Condition
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renovated
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Number of floors
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2
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Usable area
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289 m²
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Bathrooms (number)
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3
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Number of parking lots
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5
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Flooring
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laminate, tiles, vinyl / PVC
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Heating
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other
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Year of construction
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1930
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Equipment
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balcony, terrace, basement, shower bath, fitted kitchen, guest toilet
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Infrastructure
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public transport
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Information on equipment
Equipment:
- Heating is provided by a gas central heating system, which ensures an efficient heat supply, or optionally by the air conditioning units (heat pump)
- Each apartment has a gas floor heating system and air conditioning units that provide individually adjustable heating and cooling
- There are 4-5 parking spaces at the building
- Two balconies offer additional outdoor space
Location
Location Check
Energy
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Main energy source
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gas
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Miscellaneous
Investment potential:
The apartment building offers an attractive investment opportunity. Due to the pending subdivision (all documents already available) and possible visual improvements, the property offers both short-term and long-term profits through rental income or appreciation in value. Furthermore, a portion of the current parking lot creates approximately 40sqm of potential building land. Due to the surrounding houses, the unfinished attic could possibly be extended.
Broker inquiries not welcome!
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