Apartment building in Ilmenau in prime city center location / option to purchase separate building plot

For sale free of commission is a well-kept 3-family house in an attractive and quiet inner-city location, which was extensively modernized in 2012. The 3-room apartments have a size of 73 sqm to 80 sqm. The living space totals approx. 228 sqm.
The apartments are each heated by energy-efficient Buderus floor boilers.
All apartments have daylight bathrooms with a shower, bathtub and space for a dryer and washing machine. All living spaces are bright and friendly.
In addition to the cellar rooms/floor, each apartment has 1 storage room in the hallway free of charge.

Annual net cold rent: 20,460 euros

The rentability is very good. The house has always been fully let. Due to the good location and very high demand for 3-room apartments of this size and location, the rentability is estimated to be very good.

Option to purchase building plot:
A separate building plot adjoins the property, which is directly accessible via Gabelsbergerstrasse. It is currently developed with 5 parking spaces and 1 garage. Plot size approx. 416 sqm.
Annual income from parking spaces: 2,340 euros
The purchase option exists exclusively as part of the purchase of the 3-family house with a correspondingly higher total price. The property (MFH + building plot) has potential for expansion by converting the outbuilding into additional living space (connections available).
The building plot is also suitable for the construction of a house. According to the available confirmation, it is a building plot within the framework of §34 of the German Building Code (BauGB).

The property at Ilmtalweg 13 / Gabelsbergerstraße is in an attractive location in a quiet yet central residential area of Ilmenau. It combines the advantages of a pleasant living environment with the proximity to the nature of the Thuringian Forest and the cultural and educational facilities of a lively university town.
A variety of shopping facilities, ice rinks and swimming pools, restaurants and cafés are within easy walking distance. Schools / grammar schools, kindergartens, hospitals and medical centers are also within easy reach. The surrounding area offers numerous leisure activities (forest, Ilmtal cycle path, ice skating and much more).
The transport connections in Ilmenau are well developed. The A71 highway is nearby and provides quick access to larger cities. The nearby train station is within easy walking distance.