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Attractive residential and commercial building in Schwäbisch Hall city center
74523 Schwäbisch Hall – Baden-WürttembergThis prestigious residential and commercial building is in a very good city center location in Gelbinger Gasse (pedestrian zone).
Are you interested in this offer?
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Object Number
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OM-400993
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Object Class
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Apartment building or investment property
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Object Type
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Residential and commercial building
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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849.000 €
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Purchase additional costs
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approx. 52,778 €
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Total costs
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approx. 901,778 €
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Price per m²
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2,917.00 €
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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
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Estimated monthly rate: 3,175€
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Details
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Condition
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Well-kept
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Monument protection object
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Yes
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Year of last modernization
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1983
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Number of floors
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3
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Commercial area
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98 m²
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Total area
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291 m²
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Net rental income (target) p.a.
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3171 €
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Number of units
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3
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Flooring
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Parquet, Tiles
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Heating
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Floor heating
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Year of construction
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1648
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Equipment
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Balcony, Basement, Roof terrace, Full bath, Shower bath, Sauna, Fitted kitchen, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The house was renovated and refurbished to a high standard in 1983. It is in a well-kept condition.
There are separate cellar compartments for the apartments in the basement.
Each rental unit has its own low-cost gas heating system (no additional work and extra costs for utility bills!).
On the ground floor there is underfloor heating otherwise radiators.
Location
The ground floor features commercial spaces (98 sq meters). The accompanying dry and spacious vaulted cellar houses a high-quality KLAFS sauna and a shower/washbasin.
The ground floor is currently let under a fixed-term lease (monthly rent €1,200).
On the first floor, there is a bright 3-room apartment (approximately 70 sq meters) available. From there, you can access a huge rooftop terrace (approximately 43 sq meters), which is shared by the tenants of the first and second floors (approximately 3/4 for the second-floor apartment and 1/4 for the first-floor apartment).
The apartment is currently let (monthly rent €671.25).
The highlight is located on the second floor and in the attic: a ready-to-move-in maisonette apartment with 4 rooms (approximately 123 sq meters), a kitchen (fully equipped with built-in appliances), 2 bathrooms/WC, a balcony (6.25 sq meters), and access to the rooftop terrace (approximately 15 sq meters, shared with the first-floor apartment).
When rented, a minimum cold rent of €1,200 can be achieved.
Location Check
Energy
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Energy certificate type
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not legally required
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Main energy source
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Gas
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Miscellaneous
The annual net rent is approx. 35.000.-€ at least for full occupancy.
If you live in the maisonette yourself, any financing costs incurred would be covered by the rental income and saved rent!
In this location in the middle of the most beautiful alley in Schwäbisch Hall, you will not find a residential opportunity like this with a roof terrace and balcony.
Parking is available in the nearby parking garages Langer Graben and Kocherquartier.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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