- Immobilien
- Baden-Württemberg
- Kreis Ludwigsburg
- Kornwestheim
- 3-family house, suitable for investment or as a multi-generational home, located in a residential area.
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3-family house, suitable for investment or as a multi-generational home, located in a residential area.
70806 Kornwestheim – Baden-WürttembergFully rented three-family house with 243 m² of living space, 2 garages, 3 parking spaces, and a private garden area – recently insulated, repainted, and immediately profitable in the highly sought-after Stuttgart area, Ludwigsburg district. This detached multi-family house, located at Jahnstraße 48, was built in 1938. The attic was converted in 1964, and in 2009, an approved extension was added to the rear of the main building. The facade was completely insulated in 2012 and repainted in 2024, presenting the building in impeccable and modern condition. The house comprises three completely self-contained apartments, each with its own bathroom and kitchen. The ground floor apartment (81 m²) offers direct access to the garden and terrace, as well as a well-designed layout with a living room, bedroom, children's room, kitchen, and bathroom. The first floor apartment (85 m²) has a similar structure and also features a balcony – an attractive feature that significantly increases the rental value. The attic apartment (77 m²) with its own terrace offers a quiet and secluded character and complements the overall property nicely. The basement offers a cellar, laundry room, and storage spaces – functional utility areas that enhance the appeal for tenants. Two garages, one on each side of the building, and three parking spaces in the front courtyard fully meet the parking needs of all tenants, a significant advantage not always found in Kornwestheim. The backyard garden is accessible only through the building, ensuring complete privacy and allowing for full customization. Renovation history: Windows replaced in 2010 (double-glazed plastic), full facade insulation in 2012, gas heating system/heat generator in 2012, repainted in 2024, pitched roof built around 1969.
Are you interested in this house?
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Object Number
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OM-432133
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Occupied
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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750.000 €
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Purchase additional costs
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approx. 47,247 €
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Total costs
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approx. 797,247 €
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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: 2,620€
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Details
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Condition
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Well-kept
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Number of floors
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3
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Usable area
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150 m²
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Bathrooms (number)
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3
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Bedrooms (number)
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6
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Number of garages
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2
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Number of parking lots
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3
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1938
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Equipment
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Balcony, Garden, Basement, Roof terrace, Fitted kitchen
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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 property is fully let and generates an annual gross rental income of approximately €33,683 from the first day of ownership transfer. With a purchase price of €750,000, this results in a gross rental yield of approximately 4.5% and a capitalization rate of 22.3x – a solid entry-level investment for an established property in the Stuttgart area. The current average rental rate of €11.55 per square meter is in line with market rates for Kornwestheim. Rent adjustments, in accordance with the local rent regulations, offer potential for medium-term income growth. The facade insulation, installed in 2012, significantly reduces heating requirements and protects the building fabric – a major investment that has already been made. The energy performance certificate indicates a rating of D (final energy consumption of 192.79 kWh/m² per year; certificate valid until 2033). Given the existing facade insulation and the heating system, which was renewed in 2012, the value of 193 kWh/m² per year is in line with market standards for a property of this age. Further optimization potential (e.g., roof insulation, conversion to a different heating system) is available to the buyer as a medium-term option. The solid legal framework – a clear ownership structure and complete building permit documentation – facilitates a smooth transaction.
Location
Kornwestheim, located in the Ludwigsburg district, is one of the most economically dynamic cities in the Stuttgart metropolitan area. The city benefits from its central location between Stuttgart, Ludwigsburg, and Stuttgart Airport – and consequently, from consistently high rental demand from the surrounding areas of the state capital.
Jahnstraße is situated in a well-established, quiet residential area (WA II), characterized by single-family homes and smaller multi-family buildings. Schools, kindergartens, retail outlets, and medical facilities are within walking distance or a short drive. Kornwestheim train station offers direct S-Bahn (commuter rail) connections to downtown Stuttgart (approximately 20 minutes).
The regional housing market has shown a stable demand curve for years. The structurally low vacancy rate in Kornwestheim is a crucial factor for the sustainable management of an investment property of this size.
Location Check
Energy
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Energy efficiency class
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D
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Energy certificate type
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Demand certificate
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Main energy source
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Gas
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Final energy demand
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192.79 kWh/(m²a)
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Miscellaneous
To protect the privacy of our tenants, viewings are only conducted for seriously interested parties who can provide proof of financing.
We do not accept inquiries from real estate agents and will not respond to them.
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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