Apartment building with 9 percent yield

The apartment building in Wasenstrasse in Idar-Oberstein was built in 1905 and is characterized by its historic charm and solid turn-of-the-century construction. The building comprises four floors with a total of seven residential units of different sizes.

The property has been regularly maintained over the years and is in a well-kept condition. With its high ceilings, large windows and classic architecture, the house offers a pleasant living ambience with a special character.

The staircase has been regularly maintained and the communal areas are also in good condition. The property is suitable both as an investment and for owner-occupiers who appreciate the charm of an old building.

Wasenstrasse is quietly located in the central city area of Idar-Oberstein (zip code 55743). The location combines good connections to the urban infrastructure with a pleasant quality of living. Shopping facilities, doctors, schools and public transport are just a few minutes' walk away. Thanks to the hillside location and the surrounding green areas, the neighborhood also offers peace and quiet and comfortable living.

The town of Idar-Oberstein itself is located in the upper Nahe and Hunsrück region and thus offers recreation close to nature as well as good transport links via the B41 federal highway and the region.