Multi-family house, 4 apartments, 1 ground-level unit, Reutlingen, Tübingen Street, Price negotiable.

This multi-family house offers high space utilization and attractive development potential in a highly sought-after location. The property features approximately 297 square meters of living space, approximately 101 square meters of commercial space, approximately 150 square meters of utility space, and approximately 41 square meters of circulation space, all situated on a 208 square meter lot. The building comprises 4 residential units and 1 commercial unit, is fully basemented, and consists of 3 above-ground floors, plus an attic floor that has been converted and includes usable attic space. The commercial unit on the ground floor, with approximately 101 square meters, includes a dining area, ancillary rooms, storage areas, and separate restroom facilities, as well as additional ancillary rooms in the basement. The residential units range in size from approximately 47 square meters to 106 square meters, including a 5-room apartment on the 1st floor (approximately 106 square meters), a 2-room apartment (approximately 47 square meters), a 3-room apartment (approximately 60 square meters) on the 2nd floor, and a 3-room attic apartment with approximately 85 square meters, with further potential for expansion in the attic space. Additionally, there is a roof terrace of approximately 17 square meters located above the garage. The building was constructed in 1951, and part of the basement has already been renovated by approximately... Built in 1905 as a vaulted cellar, the property requires renovation to bring it up to a modern standard. It is particularly suitable for revitalization to a mid-range standard, and potentially for conversion into individual apartments, as there is significant demand for this type of property in the area. Government funding options are available for modernization and conversion into up to 7 residential units, which would enhance the economic viability of the investment. Because the property is currently rent-free, a swift and comprehensive revitalization project could be implemented efficiently in terms of both time and cost. This offer is based on a valuation by a certified and sworn expert, taking into account current market conditions, and is non-binding. It serves as a basis for negotiation, and alternative offers will be considered. The sellers reserve the right to accept or reject any offer.

Location within the city of Reutlingen:
The property is located on Tübinger Straße in Reutlingen, a central location with excellent transport links and accessibility. The Reutlingen market square is just 1.1 km away. The Bosch factory is within walking distance, approximately 10 minutes away. All general education schools can be reached on foot within 10 minutes. The university campus, located 2.5 km away, is accessible by bicycle in approximately 12 minutes. The nearest bus stop, "Westbahnhof," for the local Reutlingen public transport, as well as the train station for regional rail services, are both within a 2-minute walk. These stops are served by 9 bus lines of the local public transport system and the RB 63 train line (connecting Urach, Metzingen, Reutlingen, Wannweil, Kirchentellinsfurt, Tübingen to Herrenberg). The train station will also serve as a stop for the planned regional city railway, the Neckar-Alb. Characteristics of the surrounding area:
According to the land use plan of the Reutlingen-Tübingen neighborhood association, the area where the property is located is primarily designated for residential use. The neighborhood is predominantly built with buildings of 3 to 4 stories. Tübinger Straße is a major road within the town, with bicycle lanes on both sides and a parking lane on one side.