Refurbished apartment building with charm

A lovingly renovated Art Nouveau apartment building is for sale here. The house is in a prime location and dates back to 1910 and consists of a total of 3 apartments. It has been extensively renovated in recent years. The roof was completely insulated with hemp in 2006/2007 and re-roofed with plain tiles. In 2012, the façade was completely insulated with Gutex wood fiber and replastered. The fantastic attic apartment was completely renovated at the same time. Great attention to detail was paid here. Exposed brick walls, solid wood cladding, all plaster based on lime, balcony extension, etc. The water and sewage pipes, as well as the power lines, were newly laid. Here in the attic apartment, completely open-plan living is the order of the day. The living space is around 40 m².
The two apartments on the first floor and second floor have the same floor plan. They each offer 2.5 rooms with 65 m². A bedroom with direct access to the bathroom (with its own washing machine connection), an open kitchen with dining area and living room and a spacious hallway with access to the separate WC. These apartments were both completely renovated in 2020. New electricity lines, new water pipes, new bathrooms and new kitchens. Care was taken to preserve the charm of the house. The old solid wood floors were extensively refurbished. Care was also taken to retain the stone floors in the hallway and guest WC. The old doors were also refurbished. As in the attic, the plaster here is also lime-based and breathable.
In the basement, which was also renovated in 2012, there are 3 rooms which can each be assigned to an apartment, a laundry room and the hallway.

A lot can be done around the house, but does not have to be. It would make sense to create rentable parking spaces for the tenants here. In the past, we also had permission for a double garage. But a garden with an outdoor seating area would also be possible. Or simply both. Parking spaces at the front and a garden area behind. This can be decided individually. The house is a listed building and therefore offers some advantages in terms of depreciation.
The house is heated entirely with infrared heating. Each apartment has its own electricity meter and is billed directly to the supplier. The domestic hot water is heated with instantaneous water heaters.

Rental income:
- Apartment 1 with 2.5 rooms and 65m² first floor = € 610.00 + € 50.00 water
- Apartment 2 with 2.5 rooms and 65m² 1st floor = € 600.00 + € 45.00 water
- Apartment 3 with 1.5 rooms and 40m² top floor = € 430.00 + € 20.00 water
Rental income = € 19,680.00/year

On the edge of the central Black Forest, centrally located between Stuttgart and Lake Constance in the border triangle of Germany, France and Switzerland, the twin city with a heart is an ideal destination for an interesting city trip or a vacation in a unique landscape.
The house is very centrally located and everything for daily needs is within walking distance.
The Schwenningen market square is approx. 400 meters away.
Train station 550 meters
Lake Constance 40 min.
Stuttgart 1h10 min.
Zurich 1h25 min.