5.9% gross yield - Historic building with a large plot of land - no commission fees.

Historic building from approximately 1905 – attractive investment property with high ceilings and an established shared accommodation rental concept in Augsburg-Oberhausen.

This multi-family building is particularly interesting for investors. The three apartments are currently rented out as shared accommodations (student housing), offering an attractive and proven rental concept. The bright rooms impress with their unique historic charm, generous ceiling heights, and high ceilings. Extensive renovation work was carried out in 2022. The spacious plot of land offers student tenants a special added value, for example, as a communal garden or for bicycle parking. In addition, there are interesting development possibilities, such as expanding parking spaces or building carports with solar panels.

The apartments:
Ground floor: 78.18 m²
First floor: 80.14 m²
Second floor: 65.70 m²
Annual gross rent: €56,150
Annual net yield after deducting all operating costs: €45,100

Renovations in 2022:
- New gas central heating system
- New radiators
- New kitchens including appliances
- Over 200 m² of solid oak parquet flooring
- Replacement of numerous doors, sockets, and switches
- New plastering and painting
- Two completely renovated bathrooms
- New apartment entrance doors
- Electronic intercom system
- Further work on the building.

Excellent transport links: The tram stop is located virtually right outside the building. The Augsburg-Oberhausen train station is within a few minutes' walk. From there, there is a direct and fast connection to Augsburg Central Station, as well as for commuters to Munich and Ulm.

Short distances to campus facilities: Thanks to the excellent public transport links and well-developed cycling paths, both the University of Augsburg and the Augsburg University of Applied Sciences are easily and conveniently accessible for student residents.

Urban amenities and leisure activities: Supermarkets, pharmacies, bakeries, and other shops are located in the immediate vicinity. The neighborhood also offers a vibrant culinary scene with cafes and pubs. The nearby Wertach river provides opportunities for relaxation and recreation, with its riverbanks being ideal for jogging and relaxing. Key selling points (USPs) for the advertisement:

When advertising the property on platforms like ImmobilienScout24, use these concise bullet points:

"Happily car-free": Perfect for students without a car – everything is within walking, cycling, or tram distance.
High demand for the location: Oberhausen is rapidly transforming into a vibrant, creative district, which will lead to long-term appreciation (gentrification).
Guaranteed rental income: The combination of affordable housing in shared accommodation format and this central location guarantees a virtually 0% vacancy rate.
Visualization for the buyer:
In the text, mention that Helmut-Haller-Platz serves as the urban center of the district, and that cultural venues such as the Gaswerk area (Augsburg's creative and cultural center) are located nearby.