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Solid investment with future potential: 7.4% return— Multi-family house and building plot, offered as a package.

Tulpenstraße 13, 76344 Eggenstein-Leopoldshafen (Eggenstein) – Baden-Württemberg
950.000 €
8
Room
170 m²
Living Area
390 m²
Plot Area
Private offer
House
Multi-family house

For sale is a renovated multi-family house with three units and eight rooms, covering 170 m² of living space, located in Eggenstein-Leopoldshafen – just 2.5 km from the KIT Campus Nord. All units are currently rented out, generating a net annual cold rent of approximately €69,240. The rent is potentially increaseable. Transfer costs can be assumed by the buyer. The building is technically up-to-date: the facade is insulated, new windows have been installed, and the building's technical systems are modern. There are no outstanding investment needs. A photovoltaic system with battery storage and a heat pump for hot water have been installed. All units are occupied, generating immediate income. The first floor is permanently rented to three tenants. The ground floor and attic are rented out as accommodation for workers or as shared student housing, benefiting from consistent demand from the KIT research center, tradespeople, and industry in the surrounding area. Alternatively, all eight rooms could be permanently rented out as a shared student housing unit – both strategies are economically viable. The property covers 390 m² and, with a current land value of €660/m², is worth approximately €257,400 as land alone. There is space for an additional building at the rear, with a potential area of approximately... 130 m² of living space – optionally as a single-family home or a duplex with two living units. A preliminary building application can be submitted. The buyer will acquire not only the ongoing cash flow, but also the development potential of a second property on the same land. KfW (German government-backed development bank) promotional loans are available for the new construction, with terms significantly below market rates – applications can be made immediately after purchase. The property is being sold directly by the owner. No real estate agent fees. Detailed financial projections with various rental scenarios and KfW calculations are available upon request. Viewings are by appointment only – please provide a brief overview of your financing situation when booking.

Are you interested in this house?

Object Number
OM-479792
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
950.000 €
Purchase additional costs
approx. 59,395 €
Total costs
approx. 1,009,395 €

Breakdown of Costs

Purchase price 950.000 €
Real estate transfer tax 47,500 € (5.00%)
Notary costs 7,878 € (0.83%)
Land register entry 4,018 € (0.42%)
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: 3,743€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.91%

Details

Condition
Rehabilitated
Number of floors
2
Bathrooms (number)
3
Bedrooms (number)
8
Number of carports
1
Number of parking lots
3
Flooring
Laminate, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1967
Equipment
Garden, Basement, Shower bath, Fitted kitchen
Infrastructure
Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, Comprehensive school, Public transport

Information on equipment

The building has been comprehensively renovated and is in excellent technical condition. The facade is fully insulated, and all windows have been replaced and meet current energy efficiency standards. The building's systems are modern and functional, with a central heating system that reliably serves all three residential units.

The apartments are functional and well-maintained. The apartment on the first floor (three rooms, approximately 65 m² each) is permanently furnished and rented out. The ground floor and attic are equipped for temporary rentals to contractors or groups – furnished, ready for occupancy, and with functional amenities including a kitchen, bathroom, and internet access.

There are no outstanding renovation or investment needs. The property can be taken over and re-rented without further action.

Parking spaces are available. The energy performance certificate will be provided.

Location

Eggenstein-Leopoldshafen is located directly north of Karlsruhe and borders the KIT Campus Nord, one of the largest research sites in Europe with approximately 8,000 employees. The consistent demand for housing, particularly for commuters, construction workers, and students, ensures a minimal risk of vacancy. Shopping facilities, schools, and public transportation are within walking distance. The A5 highway and the city center of Karlsruhe are easily accessible within a few minutes.

Location Check

Sports
250m
Child Friendliness
100m
Nature
50m
Health
300m
Shopping
250m
Eating Out
200m
Public Transport
250m
Nightlife
200m
Culture
700m

Energy

Main energy source
Gas

PDF

Miscellaneous

Private sale, no real estate agent involved. A return on investment calculator, available as an Excel model upon request.

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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