Centrally located, well-rented 2-room apartment with a balcony in a prime location, commission-free + potential for depreciation benefits.

Are you looking for an interesting investment property in a central location, with existing rental income and additional development potential? Then this 2-room apartment in the Nordstadt district of Pforzheim could be an attractive opportunity for you. The apartment, located on the 2nd floor of a multi-family building built in 1954, offers approximately 56.70 square meters of living space and a functional layout with versatile usage possibilities. The combination of its central location, existing rental agreement, and potential for individual customization makes it particularly appealing to investors. The apartment is currently rented and generates a net annual rent of approximately €7,200, or €600 per month. This means you will benefit from immediate rental income upon purchase. Based on the purchase price, this translates to a corresponding gross rental yield, which you can calculate individually based on the specific purchase price. The layout includes two separate rooms, currently used as a living room and bedroom. In addition to the main living area, the property features a separate kitchen with space for a seating area, a balcony overlooking the courtyard, a bathroom with a bathtub and shower, and a separate toilet with a window. A private storage space in the basement provides additional storage. The apartment is in need of renovation. You can decide which improvements are worthwhile and how you want to position the property in the long term. A particular advantage: the sale is commission-free for the buyer. You save on the buyer's commission that would otherwise be payable, and you can use your capital specifically for the property purchase, financing, or planned renovation work. Also of interest to investors: a report on the remaining useful life of the building is already available. The creation of this report cost €1,900. It indicates an estimated remaining useful life of 14 years. This report can serve as a basis for examining the possibility of a higher annual depreciation for the building according to § 7 Abs. 4 Satz 2 EStG (German Income Tax Act). Whether and to what extent this depreciation will be recognized for tax purposes, and whether you can accept the report as is, must be examined on a case-by-case basis. No recognition or specific tax savings are guaranteed.

The apartment is located in the Nordstadt district of Pforzheim, a centrally located area with easy access to the city center and a well-developed infrastructure. The location combines the advantages of urban living with convenient access to essential amenities. The Pforzheim city center is just a few minutes' walk away. The Gesellscher Park and the Auerbrücke are also nearby. This means that both key city locations and opportunities for walks and relaxation are easily accessible. A significant advantage is the proximity to local shops and services. Supermarkets, discount stores, shopping options, snack bars, and restaurants are all in the immediate vicinity. Doctor's offices, service providers, and other essential amenities further enhance the offerings. Schools and kindergartens are also located in the area. The proximity to educational institutions and jobs in the city center is particularly attractive to investors. The Pforzheim University and other key city facilities are easily accessible. Considering the size of the apartment and its functional layout, this property is suitable for a variety of tenants, including singles, students, young professionals, and couples. The transportation links are also excellent: according to the available property details, Pforzheim's main train station is located approximately 750 meters away. From there, there are train connections to the surrounding towns and cities. Several bus stops nearby provide convenient transportation within Pforzheim. Car drivers benefit from access to the federal highways B10, B294, and B463, as well as the A8 motorway. This provides easy access to numerous destinations within the region and important business locations. In conclusion, the location offers a combination of proximity to the city center, shopping opportunities, public transportation, and good road connections. These location factors create a solid foundation for the rental potential of this compact city apartment. Of course, the actual rental demand and the achievable rent also depend on the condition of the property, its amenities, and further market developments.