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3-room apartment: Close to the subway, shops, and elementary school; 80 square meters, beautiful, quiet, and bright, with 2 balconies.

Einsteintr. 3, 70374 Stuttgart (Bad Cannstatt) – Baden-Württemberg
249.000 €
3
Room
80 m²
Living Area
Private offer
Apartment

The apartment is bright, well-laid out, and quiet. It was built in 1970/71 on a long-term leasehold agreement with the city of Stuttgart; this agreement initially runs until 2071 and will then be extended.
The apartment is located on the 2nd floor of a four-story building with a flat roof, containing eight apartments. In addition, there are two other stairwells with 8 and 4 apartments respectively, totaling 20 apartments in the building.
The apartment was renovated in 2021, and the electrical wiring in the hallway, kitchen, and bathroom was replaced.
The apartment (approximately 80 square meters) includes two west-facing rooms (approximately 25 + 15 square meters) with a loggia, a modern shower room/toilet, an east-facing room (approximately 14 square meters), a kitchen (approximately 8 square meters) with an east-facing balcony, a hallway, a guest toilet, and two storage rooms (approximately 4 and 13 square meters).
The owners' association will soon be discussing what renovation measures to the building would be beneficial, and will likely obtain cost estimates.
The apartment includes a private garage space in the underground parking garage.

Are you interested in this apartment?

Object Number
OM-431187
Object Class
Apartment
Object Type
Apartment
Is occupied
Vacant
Handover from
Immediately

Purchase price & additional costs

purchase price
249.000 €
Purchase additional costs
approx. 16,115 €
Total costs
approx. 265,115 €
Purchase price garage/parking space
18,000 €
HOA fee
351 €

Breakdown of Costs

Purchase price 249.000 €
Real estate transfer tax 12,450 € (5.00%)
Notary costs 2,428 € (0.97%)
Land register entry 1,238 € (0.50%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 1,069€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.44%

Details

Condition
Modernized
Number of floors
4
Level
2nd floor
Bathrooms (number)
1
Bedrooms (number)
2
Number of garages
1
Flooring
Parquet, Tiles, Vinyl / PVC
Heating
Other
Year of construction
1971
Equipment
Balcony, Basement, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment features built-in wardrobes in the hallway, guest bathroom, and one of the rooms. It is heated with night storage heaters. The kitchen was renovated in 2021 and includes a kitchenette and standard appliances. The bathroom has also been modernized, featuring a nearly flush shower and infrared heating. The hallway and kitchen have click-fit flooring, the bathroom and guest toilet are tiled, and the rooms have parquet flooring.

Fiber optic cable connection is possible. The apartment is in good condition.

The apartment is available immediately. One of the rooms, currently rented as an office, can be terminated with one month's notice at the end of the month.

Location

From the east-facing windows, the view extends far into the greenery, largely unobstructed. To the west, a similar building is located at a comfortable distance of 22 meters.

The apartment is situated in a quiet residential area with a speed limit of 30 km/h, and enjoys excellent transport links: it's 100 meters to the "Muckensturm" bus stop and the "Hauptfriedhof" subway station. The U2 and U19 lines take just 7 minutes to reach Wilhelmsplatz; a 100-meter walk takes you to Bad-Cannstatt train station, with the S1, S2, and S3 lines providing access to Stuttgart Central Station in 4 minutes or the city center in 6 minutes.

Excellent local amenities:
Shopping: Aldi and Rewe supermarkets are 300 meters away, and gas stations are 600 meters away.
Leisure: Sports and play areas are located 200 meters away.
Education: A kindergarten is 100 meters away, a daycare center is 200 meters away, and the Sommerrain primary school is 500 meters away.
Hospital: Located 900 meters away.

Location Check

Nearest places
Nearest places

Energy

Energy efficiency class
D
Energy certificate type
Demand certificate
Main energy source
Electricity
Final energy demand
125.10 kWh/(m²a)

PDF

Miscellaneous

The monthly service charge of €351 includes the costs for common area electricity, snow removal, garbage collection, insurance, etc. (€134), the contribution to the reserve fund (€112), and the ground lease fee (€105).
The reserve fund for this apartment with a garage is €13,000.
One room is rented as an office and can be terminated with one month's notice at the end of the month.

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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