Unique yield opportunity

For sale is an attractive apartment building in a central location in
of Collenberg, which is ideal for investors.
The property was built in 1974 and extensively renovated in 2001. On
total of approx. 370 m² of living space is currently divided into 4-5 residential units, which
separate entrances allow a high degree of flexibility in use.
The good building fabric (solid construction) offers long-term value retention. Several large
balconies as well as two garages and additional parking spaces increase the attractiveness of the property.
of the property.
The property is currently let on a special lease and generates around €11,000
monthly rental income. The rental payments are made on time.
Possible usage scenarios (non-binding):
1. continuation of the letting with a yield-oriented focus
1.1 Securing predictable rental income, possibly by renting the property for a limited period of time
rental of the property by the seller
2. classic residential letting
3. prospective individual sale of the residential units
All options are open to you here.
Property description inside
A detached house was initially built in Collenberg around 1935 and extended in 1956.
extended in 1956. In 1974 it became a residential and commercial building, and in 2001
the current "rental apartments" were built. The entire property is
extremely well maintained and in very good condition.
As part of the conversion and extension measures, four independent
independent residential units were created, each with separate entrances.
entrances.
If you wish, you and your family can use the "main apartment" with a living space of approx.
living space of approx. 152 m² is available for you and your family.
3 further residential units, each with separate entrances.
entrances.
A covered path leads you from the street to the front door. The
The rooms are accessible via a separate entrance. Via a
staircase takes you to the 1st floor. You enter this
representative apartment via a very spacious hallway area.
hallway area. From here, you enter the attractive living room on the left
living room with access to the extensive, largely covered balcony
balcony with a width of approx. 11 meters and a depth of approx. 4 meters,
where you are sure to spend some wonderful hours. Directly next to it
is the study, which can be separated by a folding door.
The kitchen and dining area are right next to each other. A guest WC and a spacious, attractive bathroom with shower, bathtub,
washbasin, WC and washing machine connection are of course
are also included. The master bedroom has its own small balcony.
small balcony. There are also two further rooms available.
The space available in the "main apartment" is complemented by the
rooms that were subsequently converted on the top floor
and are therefore not reflected in the living space we have indicated.
are not included in the living space we have indicated. Only a small area of the attic is currently used for storage purposes.
currently used for storage purposes.

Collenberg is idyllically situated on the River Main in the district of Miltenberg (Lower Franconia, Bavaria). The
municipality is characterized by a quiet and family-friendly residential area
combined with good connections to the surrounding towns.
- Distances: approx. 15 min. to Miltenberg, approx. 30 min. to Aschaffenburg
- Infrastructure: shopping facilities, schools and doctors are nearby
- Recreational value: Nature, banks of the Main, cycling and hiking trails, club life
The location offers an attractive environment for tenants - both for families and commuters.
commuters.