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Solid investment property in Ludwigshafen-Süd | 1.5-room apartment, currently rented | Garage available (optional).

Halbergstraße 39, 67061 Ludwigshafen am Rhein (Mitte) – Rheinland-Pfalz
145.000 €
1.5
Room
44.01 m²
Living Area
Apartment

This comprehensively renovated apartment, located on the 2nd floor (right side) of a well-maintained multi-family building, offers an attractive investment opportunity with immediate rental income and long-term potential for appreciation. The apartment features approximately 44 square meters of living space and is characterized by a well-designed layout, bright rooms, and a modern, well-maintained condition. The current net cold rent is €12.54 per square meter, ensuring ongoing rental income from the moment of purchase, without any initial leasing costs. The entire building was uniformly and comprehensively renovated in 2015/2016, not on a per-apartment basis, but to a comparable high standard for all units. In the years that followed, regular maintenance was consistently carried out, so that the building is now in a very well-maintained overall condition. Renovations 2015/2016 (implemented throughout the building): Bathrooms: Tiles, sanitary fixtures, and faucets.
Floors: New flooring throughout all rooms.
Electrical: Wiring, distribution boards, and connections for electric stoves.
Walls: New wall coverings and painting.
Heating: Radiators in all rooms, as well as a central district heating station in the basement.
Facade, balconies, and stairwell: Refurbishment as part of the renovations (painting).
The building also features plastic windows with insulated glass, is fully basement, and is supplied with district heating. It is particularly worth noting the pleasant community atmosphere and the well-maintained overall appearance of the building. Therefore, the apartment is ideally suited as a long-term investment; after the existing lease agreement expires, personal use is also generally possible. Optionally, a garage in the courtyard can be purchased separately for €15,000. It is currently rented out for €80 per month, providing additional rental income.

Are you interested in this apartment?

Object Number
OM-485993
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
145.000 €
Purchase additional costs
approx. 9,702 €
Total costs
approx. 154,701 €
Purchase price garage/parking space
15,000 €
HOA fee
200 €

Breakdown of Costs

Purchase price 145.000 €
Real estate transfer tax 7,250 € (5.00%)
Notary costs 1,621 € (1.12%)
Land register entry 831 € (0.57%)
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: 587€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.07%

Details

Condition
Modernized
Number of floors
4
Level
2nd floor
Bathrooms (number)
1
Bedrooms (number)
1
Number of garages
1
Flooring
Laminate, Tiles
Year of construction
1957
Equipment
Balcony, Basement
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, High school, Comprehensive school, Public transport

Location

The apartment is located in Ludwigshafen-Süd, one of the most desirable residential areas in the city. Its central location offers easy access to everything while providing excellent infrastructure.

The main train station, Ludwigshafen-Mitte, is just a 2-minute walk away, and Berliner Platz is about a 5-minute walk. Shopping facilities, public transportation, restaurants, and all essential amenities are within easy reach.

The excellent public transport connections and proximity to Mannheim make this location permanently attractive, both for tenants and for investors.

Location Check

Shopping
100m
Public Transport
100m
Eating Out
100m
Culture
250m
Sports
150m
Nightlife
100m
Health
100m
Child Friendliness
150m
Nature
150m

Energy

Main energy source
District heating

Miscellaneous

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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Offer from: Janine Abdulrahman