Free of commission! First floor apartment with south-facing balcony in Landau East

For sale is a well-kept 3-room condominium on the first floor of an apartment building built in 1966 in Landau in der Pfalz. The apartment has a living space of approx. 69 m² and is functionally laid out with a living room, two further rooms, kitchen, bathroom and a large south-facing balcony. In addition to a cellar room belonging to the apartment, there are also communal rooms in the cellar.

The overall condition of the apartment can be described as well-maintained. Renovations have been carried out continuously in recent years.

The unit is currently rented out reliably and is ideal as a long-term investment. Due to the good room layout, the apartment is also suitable for owner-occupation for couples or young families.

* Current basic rent: € 680 per month
* Net annual rent: € 8,160

* Tenancy: reliably rented to a young family of three for 3 years

* House rent: approx. 205 € per month, of which approx. 115 EUR are tenant apportionable, approx. 28 EUR flow into the maintenance reserve

The condominium is located in 76829 Landau in der Pfalz, Magdeburger Straße 14a, in an established residential area with a predominance of apartment buildings.

Landau city center can be reached in a short time and offers a comprehensive range of retail outlets, services, restaurants and medical care. Shopping facilities for daily needs are located in the immediate vicinity.

The transport links are good: local public transport is within walking distance and there is also a quick connection to the A65 Landau-Mitte.

The location benefits from the university, several schools and educational institutions as well as the proximity to employers in Landau and the Southern Palatinate region.