Rented 2-room apartment with a 22 m² terrace – renovated in 2026, generating immediate income.

This 2-room ground-floor apartment, with a living area of 54.79 m², represents an excellent investment opportunity: it will be completely renovated in 2026, is already let on a long-term lease, and will generate income from day one. It is currently rented to a quiet, elderly gentleman for €530 per month plus €30 for the kitchen, totaling €560 per month. The rent can be adjusted on August 1, 2027, offering additional potential that is not reflected in the purchase price. The apartment includes a spacious terrace of approximately 22 m². The layout is modern and open: a living/cooking area of 15.40 m² with an adjoining kitchen, a bedroom of 16.27 m², and a renovated bathroom. It also includes a private storage room with a washing machine connection. During the renovation in 2026, the floors, walls, doors, and all electrical systems will be replaced, and a new fitted kitchen will be installed. The heating pipes for this apartment were replaced in 2020, and the bathroom was renovated in 2016. The overall condition of the building further supports the financial projections. The multi-family building, built in 1965 and containing seven units, has been completely renovated: in 2019, a new gas-fired condensing boiler with a hot water storage tank was installed, along with all new risers for hot water, cold water, and heating. Additionally, the facade was renovated, the basement was insulated, and a new entrance area was created. In 2026, new PVC windows with double-glazed insulation and electric shutters were installed throughout the building, along with a fresh coat of paint on the facade. All apartments in the building have been renovated between 2019 and 2026. For an investor, this means an unusually predictable cost structure: no special assessments are expected for heating, pipes, windows, or the facade. The new fitted kitchen can be acquired for €4,000, bringing the total investment to €156,000. Additional income: The garden area of the building is rented to the neighbor (€80 per month). This income goes directly into the communal fund and reduces the monthly maintenance fees for all units. Currently, all 7 apartments are for sale. 6 apartments are vacant, and one apartment is rented. It is possible to purchase individual apartments, packages of apartments, or the entire building. Please feel free to contact me if you have any questions.

The property is located in a central yet quiet area of Nußloch. The town, situated in the Rhein-Neckar district, is characterized by its charming location on the Southern Bergstrasse and its proximity to Heidelberg (approximately 10 km).

Massengasse offers excellent infrastructure: shops for daily necessities, supermarkets, bakeries, doctors, and pharmacies are all within walking distance or a few minutes away. The property offers a pleasant and peaceful living environment, with views from the balcony overlooking the courtyard and the greenery, without sacrificing the benefits of a central location.

The transport links are ideal: the nearby B3 road and the A5/A6 motorways provide quick access to surrounding cities such as Heidelberg, Walldorf, Mannheim, and Schwetzingen. The public transport network is also well-developed, providing excellent connections to the region. This is perfect for commuters who are looking for peace and quiet in a green environment after work!