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Commission-free central apartment building with large land/extension reserve and stable yield

Keltenweg 6, 96114 Hirschaid – Bayern
870.000 €
330 m²
Living Area
1,158 m²
Property
Private offer
apartment building or investment property
residential and commercial building

Welcome to Keltenweg 6, Hirschaid - a unique opportunity to acquire a well-maintained apartment building in a sought-after location. This property not only offers excellent living comfort, but also high investment potential.

Building description:
The property extends over a basement, first floor, 1st floor and attic and presents itself in a well-kept condition.

Apartments:
On the first floor there are two 3-room apartments with mirrored ceilings. The upper floor also offers two spacious mirror-image three-room apartments. Each residential unit impresses with its large south-facing balcony and well thought-out room layout.

Highlights:
A special highlight is the existing basement, which offers tenants additional storage space and thus further enhances the attractiveness of the building.

The spacious attic offers considerable potential for expansion. Currently used as rented usable space, there is the possibility of creating an additional approx. 140 m² of living space here.

Investment potential:
The apartment building is fully let and therefore offers an attractive return for investors.
The rental income amounts to a total of EUR 31,360 p.a., and rental income of EUR 38,570 p.a. is possible in the short term.
The stable demand for living space in this sought-after location guarantees long-term rental income and makes this property a sound investment.

Are you interested in this offer?

Object Number
OM-297566
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
immediately

Purchase price & additional costs

purchase price
870.000 €
Purchase additional costs
approx. 41,184 €
Total costs
approx. 911,183 €
Operating costs allocated p.a.
10,687 €

Breakdown of Costs

Purchase price 870.000 €
Real estate transfer tax 30,450 € (3.50%)
Notary costs 7,116 € (0.82%)
Land register entry 3,618 € (0.42%)
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: 3,196€

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 3.51%

Details

Condition
well-kept
Number of floors
1
Level
1st floor
Total area
625 m²
Other areas
295 m²
Number of garages
4
Number of parking lots
4
Net rental income (target) p.a.
38570 €
Net rental income (actual) p.a.
31361 €
X-times rental income
22.56
Number of units
6
Flooring
parquet, tiles
Heating
central heating
Year of construction
1972
Equipment
balcony, garden, basement
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, middle school, comprehensive school, public transport

Information on equipment

Equipment highlights:

-1158 m² plot area
-4 identical 3-room residential units with large balcony (330 m²)
-Rented usable space in the attic with expansion reserve (approx. 130 m²)
-Full basement with additional usable space (approx. 170 m²)
-4 garages, 1 carport, 4 parking spaces
-Rental income p.a. 31,360 (increase to p.a. 38,570 possible at short notice)
-Replacement of the windows with plastic insulating glass windows mainly in 2008.
-Solid yield with potential for increase

The heating and hot water supply for the entire house is provided centrally via an oil-fired central heating system located in the basement. With no maintenance backlog, it provides reliable heat and hot water in all residential units.

Location

The property is in a sought-after location in Hirschaid. The surrounding area is characterized by its good infrastructure, with close proximity to stores for daily needs, schools and public transport. This guarantees a high quality of life and makes the property extremely attractive for both tenants and investors.

Location Check

Sport
450m
Mobilität
150m
Medizin
200m
Einkaufen
50m
Natur
350m
Restaurants
50m
Kultur
300m
Nachtleben
300m

Energy

Main energy source
oil

Miscellaneous

No broker's commission. Viewing is possible by arrangement.

Broker inquiries not welcome!

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Offer from: Michael von Agris