5-unit apartment building with development potential for sale.

For sale is a versatile multi-family house in a central location in Tiefenbronn, being offered directly by the owner family. This property presents an attractive opportunity for investors, combining existing rental income, modernized living spaces, and further development potential. The property offers approximately 352.13 m² of living space, divided into five residential units. The property also includes parking spaces, generous outdoor areas, a large roof terrace, and a ground-floor terrace. The main apartment, measuring approximately 118.30 m², and the renovated attic apartment, measuring approximately 55.86 m², are currently vacant. Both units will be re-let prior to or during the sale, ensuring that the buyer acquires the property with two newly established rental agreements. This allows the buyer to benefit from immediate and predictable income without having to manage the initial letting process themselves. The total monthly cold rent for the five residential units is €4,510.00. In addition, the property generates €175.00 per month in income from the parking spaces. This results in a total monthly rent of €4,685.00, or an annual net cold rent of €56,220.00. With a purchase price of €935,000.00, the price-to-rent ratio is approximately 16.63. The average net cold rent is around €13.03 per square meter, offering an attractive basis for investors seeking sustainable rental income and long-term appreciation. The apartments have varying levels of furnishing and modernization. Of particular note is the high-quality main apartment with a modern fitted kitchen, two bathrooms, and direct access to the spacious roof terrace, as well as the recently renovated attic apartment with a modern living kitchen and a bright bathroom. Other units offer additional potential for future appreciation and rental increases. Continuous investments have also been made in the building's infrastructure. The windows and exterior doors have been replaced, the electrical system has been largely modernized, the attic has been insulated, and the roof was replaced in 2002. Heating is provided by modern air conditioning systems. With an energy efficiency class of C, the building is also in good condition in terms of energy. This multi-family building is ideal for investors seeking a well-maintained property with an attractive rental yield, already secured income, and additional potential for growth. The owners' emigration allows for a timely handover upon agreement.

The property is located in the central area of Tiefenbronn, a popular municipality in the Enz district, situated between Pforzheim, Leonberg, and Stuttgart. The combination of proximity to nature, excellent infrastructure, and short distances to thriving economic regions makes Tiefenbronn a desirable place to live, both for families and commuters. Shops for daily necessities, bakeries, butchers, banks, pharmacies, and various restaurants are located in the town and are easily accessible on foot. Further extensive shopping options are available in the surrounding towns of Pforzheim, Heimsheim, Weil der Stadt, and Leonberg. For families, Tiefenbronn offers a very good range of childcare and educational facilities. Several kindergartens and daycare centers, as well as the Lucas-Moser primary school, are located directly in the town. Further schools are quickly accessible in the neighboring municipalities and in Pforzheim, and are well-connected by public transport. The medical care is also excellent. General practitioners, dentists, physiotherapy practices, and a pharmacy are located in Tiefenbronn. The area is also complemented by numerous specialists and clinics in Pforzheim, which is just a short drive away. The transport links are excellent. Via the nearby Heimsheim interchange, you can reach the A8 motorway in just a few minutes. This allows you to reach Pforzheim in approximately 15 minutes, Leonberg in around 20 minutes, and Stuttgart in about 30 to 35 minutes. Several bus lines regularly connect Tiefenbronn with the surrounding towns and municipalities, as well as the local train stations. In addition to its excellent infrastructure, Tiefenbronn offers a high quality of life and recreational opportunities. Its proximity to the Black Forest, numerous cycling and hiking trails, sports clubs, and a wide range of leisure activities make the area particularly attractive and contribute to a consistently high standard of living. The combination of a quiet residential location, good infrastructure, strong economic connections, and a high quality of life makes Tiefenbronn a sustainable and attractive location with excellent rental prospects and long-term potential for property value appreciation.