Investment opportunity with potential – 2 rented apartments + garage | 135 m² | €17,640 annual gross rent.

Flexible living or a smart investment – an exceptional apartment with two separate units.

For sale is a well-maintained and versatile apartment with a total living area of approximately 135 m², located in a solid multi-family building built in 1977. The building was constructed using solid construction methods and is in excellent condition. What makes this property special is that the unit, originally designed as a spacious family apartment, has been divided into two separate living spaces. Both apartments are reliably rented and currently generate annual gross rental income of €17,640. This makes the property suitable both as an attractive investment and, in the future, for owner-occupancy, multi-generational living, or a combination of living and renting. Spacious 3.5-room apartment with approximately 101 m².

The main apartment impresses with its spacious and bright living area, which offers direct access to the sunny south-facing balcony and creates a pleasant living atmosphere. The separate dining room seamlessly connects the living area and kitchen, providing ample space for shared meals, family celebrations, or convivial evenings with friends. The quiet bedroom features access to a second balcony facing north, offering a pleasant retreat, especially during the summer months. The spacious kitchen offers a variety of design possibilities. Adjacent to the kitchen is a practical storage room, which is ideal for use as a pantry or additional storage space. The bright bathroom features a bathtub and shower, ensuring a high level of comfort.

Separate one-bedroom apartment, approximately 34 m².
The second living unit comprises approximately 34 m² and includes a living/sleeping area, a private kitchen, and a bathroom with a shower. It is ideally suited for renting and offers attractive additional income. Alternatively, it can be used as a guest apartment for family members, a guest area, a home office, or a practice. The separate layout offers maximum flexibility. Attractive rental income. The property is fully rented and already generates ongoing rental income:
Large apartment (approx. 101 m²): €11,400 annual base rent
Small apartment (approx. 34 m²): €6,240 annual base rent
Total annual base rent: €17,640
This property offers an immediate income stream and is ideally suited as a long-term investment. Key features at a glance:
✔ Approximately 135 m² of living space
✔ Two self-contained apartments
✔ Both apartments are reliably rented
✔ Annual base rent: €17,640
✔ Ideal for investors and, in the future, also for owner-occupiers
✔ Combination of owner-occupation and rental possible
✔ Perfect for multi-generational living or a home office
✔ Two balconies with south and north orientations
✔ Bright bathroom with natural light, featuring a bathtub and shower
✔ Practical storage room/pantry
✔ Underground parking space included (an additional space is available as an option)
✔ Private cellar compartment
✔ Well-maintained apartment building with solid construction
Conclusion: Whether as a high-yield investment property or with a view to future personal use, this property impresses with its exceptional flexibility and the already existing, reliable rental income. The combination of two self-contained apartments, an attractive living space of approximately 135 m², and an annual gross rent of €17,640 makes this offer a rare opportunity. Come and see for yourself during a personal viewing and discover the numerous possibilities this special property offers. We look forward to your inquiry!

Located right in the city center of Neumarkt. Just a 5-minute walk from the Upper Market.