Rented 59 m² investment property with an approximate 5% yield and a higher depreciation rate (3.5%).

For sale is a ground-floor apartment, currently rented out, located in a prestigious residential building dating back to 1905, featuring a protected facade. This property combines historical character with modern technical features and represents an attractive investment opportunity. The apartment has a living area of approximately 59 m² and has been reliably rented to an elderly woman for a considerable period. The monthly cold rent is €625, which equates to an annual cold rent of €7,500. Current operating costs amount to €150 per month. The building is heated by a gas central heating system installed in 2018, ensuring a modern heating supply. The apartment includes a spacious cellar compartment, offering additional storage space. A remaining useful life assessment allows for an increased depreciation rate (3.5%). In conjunction with the existing rental agreement, this property offers an interesting combination of ongoing rental income, tax advantages, and the long-term value stability of a listed building. The apartment is ideal for investors seeking a solid, already rented property with development potential.

The property is located in a central area of Gengenbach. The historic old town, with its carefully preserved half-timbered houses, is within walking distance and contributes to the attractive living environment.

All essential amenities are located nearby. Shops, bakeries, restaurants, a pharmacy, and other service providers are easily accessible on foot. This ensures a high quality of life and significantly enhances the rental potential of the apartment.

The transportation links are also excellent: Gengenbach train station is only a few minutes away and provides connections to regional train services. Several bus lines complement the local infrastructure. Furthermore, a nearby federal highway provides quick access to Offenburg and the surrounding Kinzigtal region.

The combination of a central location in the town center, excellent infrastructure, and the unique charm of the historic surroundings makes this location attractive and stable in value, both for tenants and for investors.