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Completely renovated three-family house with a separate apartment in Stuttgart.

70186 Stuttgart (Ost) – Baden-Württemberg
1.980.000 €
11
Room
255 m²
Living Area
227 m²
Plot Area
Private offer
House
Multi-family house

This classic three-family house, built in a solid construction style in 1953, underwent a comprehensive renovation in 2019-2020 by specialized companies. The owners placed particular emphasis on using high-quality materials, such as double-glazed oak windows, oiled oak parquet flooring, and environmentally friendly "Keim" paints. Stylistically, all measures were taken in the spirit of the so-called "Stuttgart School," following the principles of architects Bonatz and Schmitthenner, whose student, the designing architect Walz, was. The completely new house systems – electrical, heating, and plumbing – were designed so that the four apartments are independent units and have separate meters. They are, like the newly covered and insulated roof, state-of-the-art. The apartments on the ground floor, first floor, and attic all share the same basic layout, featuring a living room, dining room, bedroom, kitchen, and bathroom. The ground-floor apartment has been customized to meet the owners' individual needs, featuring a very wide double-door leading to the garden, a modern fireplace, a glazed and significantly wider designer door from the hallway to the living room, and a bathroom with a comfortable bathtub. A cozy kitchen and a small office contribute to creating a unique living space that meets high standards. From the living room, you have a view of the adjacent garden with a pleasant seating area. On the top floor, there is a comfortable and spacious maisonette apartment with a total of 4 rooms, which offers an ideal setting for both living and working. In the basement, mirroring the apartments on the upper floors, there is a practical studio apartment with daylight windows, consisting of a living/bedroom, bathroom, and a small separate kitchen. In addition to being suitable for renting, this apartment is also ideal for accommodating caregivers or overnight guests.

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Object Number
OM-436278
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.980.000 €
Purchase additional costs
approx. 121,811 €
Total costs
approx. 2,101,810 €

Breakdown of Costs

Purchase price 1.980.000 €
Real estate transfer tax 99,000 € (5.00%)
Notary costs 15,113 € (0.76%)
Land register entry 7,698 € (0.39%)
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: 7,247€

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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 3.49%

Details

Condition
Rehabilitated
Number of floors
3
Bathrooms (number)
4
Bedrooms (number)
4
Number of garages
1
Number of parking lots
1
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1953
Equipment
Balcony, Terrace, Garden, Basement, Roof terrace, Full bath, Fitted kitchen, Fireplace
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

KEY FEATURES
3-family house with a small separate living unit, built with solid construction, featuring a landscaped garden, driveway, and garage with a rooftop terrace.
Property size: approximately 227 m²
Living space: approximately 255 m²
Year of construction: according to building application, 1953
Complete renovation from 2019-2020 using high-quality materials and eco-friendly paints.
*Roof (insulation, roofing, flashing, installation of 3 skylights with electric shutters)
*Windows (insulated glazing, oak wood)
*Front door (same)
*Electrical (complete new installation including a modern intercom system and telecommunications cabling)
*Heating (complete new installation with a high-efficiency gas boiler including hot water preparation, designer radiators, and towel heaters in the bathrooms)
*Plumbing (complete new installation with a water softener)
*Bathrooms (completely new)
*Kitchens (completely new)
*Floors (solid oak parquet, tiles)
*Painting (facade, doors, complete plastering and sanding of walls and ceilings, eco-friendly paints)
*New landscaping with a seating area
*Additional seating area on the spacious rooftop terrace above the garage
*All 4 units have separate electricity meters.

Basement:
Small separate living unit (approximately 26 m²) with natural light. Kitchen, living/bedroom, bathroom with wellness shower, sink, toilet; laundry room/utilities, basement rooms.

Ground Floor:
High-quality 3-room apartment (approx. 70 m²): Living room with fireplace and access to the garden, kitchen, bedroom, bathroom with bathtub, wellness shower, sink, toilet, wardrobe, small office area.

First Floor:
High-quality 3-room apartment (approx. 70 m²): Living room with balcony, dining room, bedroom, kitchen, bathroom with wellness shower, double sink, toilet.

Attic:
Duplex apartment (approx. 90 m²): Living room, dining room, bedroom, kitchen, bathroom with wellness shower, sink, and toilet; large living area under the roof with 3 skylights (electric blinds).

Location

The property is located in the Stuttgart district of Gablenberg, which has been undergoing extensive urban redevelopment under the name "Redevelopment Area Stuttgart 30" (including Gablenberger Hauptstr., Bergstr., a large playground with adjacent green space, a municipal kindergarten, etc.). The area is constantly improving, attracting young families who are renovating houses and undertaking new construction projects. Numerous retail stores, restaurants, bars, banks, two weekly markets, sports fields, an indoor swimming pool, and bus lines are all within walking distance, making the journey to the city center just a few minutes. Nearby is the beautiful Buchwald recreation area, which offers opportunities for extended walks and sporting activities. Bergstraße is a one-way street and serves primarily to access the extremely quiet, almost rural residential area, which is characterized by unusually good air quality. This is due, in part, to the very low traffic volume and, in part, to the former vineyards located behind the houses, which are now used as undeveloped garden land and provide a habitat for numerous animals, from various bird species to deer.

Location Check

Eating Out
Public Transport
Shopping
Culture
Health
Child Friendliness
Sports
Nightlife
Nature

Energy

Energy efficiency class
F
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
161.10 kWh/(m²a)

Miscellaneous

CURRENT USE:

Basement/Ground Floor (UG/ELW): Used as a common area for the property owners.
Ground Floor (EG): Apartment for the property owners.
First Floor (OG): Rented out.
Top Floor (DG): Rented out.

RENTAL INCOME:

Basement/Ground Floor (UG): Can be rented out for approximately €700.
Ground Floor (EG), including garage, parking space, and garden: Can be rented out for approximately €2400.
First Floor (OG): Currently rented out for €1490.
Top Floor (DG): Currently rented out for €1650.

Potential rental income (excluding utilities) is approximately €75,000 per year.

POSSIBLE USES:

Multi-generational home, shared living arrangement for seniors, a combination of owner occupancy and rentals (as currently), division into individually owned units, or full rental as a pure investment property.

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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