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For sale by owner: Fully rented multi-family house | €29,800 annual rental income | Central location in Rüdesheim am Rhein.

Geisenheimerstraße 32, 65385 Rüdesheim am Rhein – Hessen
488.000 €
12
Room
300 m²
Living Area
262 m²
Plot Area
House
Multi-family house

The property for sale boasts an ideal location; it's just a short walk to Drosselgasse, the Rhine, and a picturesque green area. This multi-family building, offering a secure investment opportunity, comprises three floors with three well-designed apartments, some of which offer partial views of the Rhine. The apartments are currently let to reliable tenants (ground floor approx. 110 m², first floor approx. 110 m², attic approx. 80 m², basement with various storage rooms). All three rented apartments are let to individuals receiving benefits under the German Social Code (SGB II). The rental payments are made directly through the relevant job center as part of the housing and heating costs (KdU), and are therefore considered government-guaranteed rental payments. This makes the property a highly secure investment with predictable cash flows. It would also be well-suited for use as a multi-generational home. Two of the apartments (ground floor and attic) were completely renovated in 2019. The modern fixtures in the bathrooms and throughout the apartments provide financial planning security for the coming decades. The apartments currently generate a net cold rent of approximately per month. €2,100.00. Starting on May 1st, 2026, the monthly base rent (net) will increase to approximately €2,500.00, which corresponds to an annual base rent (net) of approximately €30,000.00. The building has been continuously maintained and is in good condition. Due to the ideal and highly sought-after apartment sizes, and the advantageous location, this property represents a consistently attractive investment with good potential for re-renting.

Are you interested in this house?

Object Number
OM-306734
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
488.000 €
Purchase additional costs
approx. 35,740 €
Total costs
approx. 523,739 €

Breakdown of Costs

Purchase price 488.000 €
Real estate transfer tax 29,280 € (6.00%)
Notary costs 4,272 € (0.88%)
Land register entry 2,188 € (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: 1,806€

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 3.55%

Details

Condition
Well-kept
Number of floors
3
Usable area
410.4 m²
Number of parking lots
2
Heating
Central heating
Year of construction
1910

Information on equipment

Possibility of a WEG division: The apartment building can be divided into profitable (self-contained) apartments with a respective co-ownership share in the associated property.

Location

The apartment building is located in Rüdesheim am Rhein, in a central location, nestled between vineyards and the Rhine, creating a vacation feeling every day.

Rüdesheim am Rhein is flanked by beautiful natural landscapes as well as a family-friendly and leisure-oriented environment. The location is particularly popular with families thanks to the good infrastructure and the abundance of greenery in the immediate vicinity. The house is particularly well connected. From here, you can quickly reach the B42 federal highway and the A66 freeway. Public transportation is within walking distance.

This top property for an intense feeling of well-being or as an investment is located in "Geisenheimerstraße".

Location Check

Eating Out
250m
Nature
200m
Health
150m
Sports
50m
Child Friendliness
150m
Shopping
50m
Nightlife
200m
Culture
600m
Public Transport
150m

Energy

Energy efficiency class
H
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
420.65 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

Send a message directly to the seller

Questions about this house? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Horst Smigelschi

Phone: 0611 16883578