attractive apartment building as capital investment, well let, very centrally located, sustainable

Description short

attractive multi-family house as capital investment, 4 storeys, 4 residential units, well let, very centrally located, renovated, modernised, sustainably managed, central residential area in semi-rural location

*This Expose is available in German, English and Russian language.


Description

An ideal capital investment in the centre of Baden Baden.
This listed apartment building from the turn of the century captivates with its charm and versatility.
The building was erected in 1904 on a 669 m2 plot.
The air-conditioned attic maisonette flat of approx. 145 m2 (7 rooms, kitchen, 2 balconies,
1 bathroom, 1 guest toilet, 2 corridors, pantry) is suitable as a further potential for a profitable letting in order to increase the yield of the property (net cold rent would be € 1,850 NKM).
The other 3 flats (on 3 floors) below are let for an indefinite period and still have significant, successive rent increase potential.

Alternatively, it is also possible to move into the attic maisonette yourself or to use it as a dependence in Baden Baden, while the property finances itself through the rental income of the lower floors.

*Basement floor:
approx. 69.53 m2 with 2 rooms, forecourt, laundry room, passage to the front garden to the garden area.

*Floor:
about 81,14 m2 living space, 3 rooms, forecourt, kitchen, bathroom, guest toilet.

*1st floor: about 96,59 m2 living space, 4 rooms, hall, kitchen, storeroom, bathroom, loggia, balcony

*2nd floor: about 96.59 m2 living space, 4 rooms, hall, kitchen, storeroom, bathroom, loggia, balcony

*attic storey maisonette:
about 144.17 m2 living space, of which on the lower floor: 95.96 m2 living space, 3 rooms, corridor, kitchen, guest toilet, 2 balconies of which on the upper floor : 48.21 m2 living space, 4 rooms, corridor, bathroom.

In addition, the property has a very large garden, which is currently shared by the tenants and is also maintained by them.
There is a garden shed and a greenhouse in the garden.

The tenants bill the utilities directly for gas and electricity in accordance with their own use.
The general building utilities only include electricity, waste disposal, sewage/supply water, property tax, building insurance etc. with a monthly charge of € 267,00.

*Current ACTUAL rental income:
The current ACTUAL rental income of all 4 residential units now brings about € 47,000/p.a. Net cold rent. The gross warm rent amounts to about € 51,800/p.a.

*TARGET rental income successive adjustments:
The TARGET rental income including successive further rent adjustments (fair letting potential) would be about € 56,400/pa. net cold rent and € about € 61,200/pa. gross warm rent.

After Baden Baden was recently declared a UNESCO World Heritage Site, the property is excellently suited as a value-securing investment due to its location and condition, for living and renting out yourself, or as a pure capital investment for rental purposes.

Equipment

*Facilities:
- Modern gas floor heating systems from 2019
- Daikin air conditioning in the attic
- Floors: floorboards, parquet, laminate, vinyl
- Insulating glass windows
- Tiled stove/fireplace in the attic
- Insulated attic
- Slate roof from 2009 (very robust!)
- 3x well-kept 3ZKB with one balcony each and cellar compartment/ completely rented out
- freshly renovated (2022) spacious attic maisonette (7 rooms in total) with 2 balconies, air conditioning (AC), guest toilet, bathroom with bathtub and very large shower (160x80)

*Here are some construction details of the property:
- Slate roof newly covered around 2009
- all floors were equipped with modern gas floor heating in 2019
- Electrics: new common meter cabinet installed in the basement in 2022
- entire electrical system of the attic was renewed (5-core)
- new fuse cabinet installed.
- Attic newly insulated in 2022
- complete renovation of the large maisonette in 2022
- all flats have been modernised continuously and present themselves in a well-kept overall condition
- The entire property has insulated windows/ only the stained glass windows in the staircase are still partially single-glazed for historical reasons.
- The property has a full basement
- A declaration of partition of the individual flats in the residential building is possible, due to the given structure and premises.
- Special metal protection door to be lowered in front of the attic maisonette for additional burglary protection.
- Functioning stair lift installed up to the attic flat, approved for installation since 2003.

Location

The apartment building offered here is located in a semi-high location in a popular and green residential area close to the centre (pedestrian zone).
For example, Lichtentaler Allee is only 5-7 minutes away on foot.
A bus connection is practically on the opposite side of the street.
There are also numerous parking facilities around the property.

Others

*Interested parties of this advertisement:
For inquiries, we ask for full details of the sender.
Please with address, telephone, fax and email. We ask for your understanding that, without the above information, shipping is unfortunately not possible.
All data and information available to us are based on the information provided by the owner or come from property documents and are given here to the best of our knowledge.
Errors and intermediate sales are reserved.
The legal liability results exclusively from a notarized purchase contract.
Further attractive offers of vacant and rented condominiums and other real estate objects can be found at:
www.av-immobilien-berlin.de
We also have a very good network of financing options for our properties for our customers if the implementation at their own house bank does not fully take effect.
*You would like to sell your property?
We may already have a buyer for you, as our customer network has stored the corresponding search profiles both nationally and internationally.
We accompany you with your property professionally in all technical and legal procedures around the sale of your property.
We use our experience to advise you on the realistic valuation of your property and the joint determination of the purchase price.
Of course, we accompany you during the sales procedure until the handover of the property.*
You can also call me directly on +49(0)176-84055531
Aleksander Vukas, real estate specialist, real estate economist
AV Immobilien Berlin - Real Estate Consulting & Agency

Outdoor amenities

  • true  Balcony  
  • true  Terrace  
  • true  Toilets  
  • true  Grill  true
  • true  cellar  
  • true  Garten/mitbenutzung  

final energy

    Not subject Energy Performance European


    Not subject Gas European

energy certificate

  • final energy:   kWh EP / m2, year
  • energy efficiency:  0.00 kWh/(m²*a)
  • Energy efficiency class:  -
  • year of construction:  1904
  • Heating:  Etagenheizung
  • Significant energy exchanger:  Gas
  • legally required information energy certificate:  This building is not subject to the requirements of the EnEV
  • Energy certificate valid until:  

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Plan image


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    Overview

    Purpose:   Sale  

    Object number: 353

    Type:   Apartment house  

    Living area: 418 m2

    Rooms: 0

    Office space: 0 m2

    Store space: 0 m2

    Sales area: 0 m2

    Hall space: 0 m2

    Storage space: 0 m2

    Ground area: 669 m2

    Dining area: 0 m2

    Subarea: 0 m2

    total area: 0 m2

    Zip code: 76530

    City: Baden-Baden

    County: Baden-Württemberg

    Country:   Germany  

    Area:   über 250m²  

    Bathrooms: 0

    Bedrooms: 0

    Sale price: € 1.385.000

    Rent price (incl.): € 52.000

    Rent price (excl.): € 47.000

    Ownership:   Agent  

    Agent Fee: 7,14 % Brutto vom beurkundeten Kaufpreis vom Käufer zu zahlen

    true  commission

    storey: 0

    floor: 0

    number of bedrooms: 14

    number of bathrooms: 4

    number of separate toilet: 2

    Usable area: 70 m2

    Vacant from: vollständig vermietet, zur Rendite, als Kapitalanlage

    Garage / parking space purchase price: 0 €

    Garage / parking space:   Empty  

    Object state:   Saniert  

    Last modernization/ renovation: 2022

    true  Denkmalschutzobjekt

    Quality of Facilities:   Gehoben  

    house money: 0 €

    true  Vermietet

    Rental income per month: 3.900 €

    particularity: nachhaltiges Mehrfamilienhaus mit etwa 3 % Rendite

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    Company details

    Show agent contact details
    Tel: +49 (0) 176- 840 555 31
    Email: av@av-immobilien-berlin.de
    Office hours: 09.30-20.00
    We are an active Berlin real estate company in Germany and abroad with many years of hindsight and experience in "buying and selling, projecting, brokering, management consulting" of properties and real estate of all kinds.
    We take care of all official, technical and legal matters concerning real estate.
    For the high-quality presentation of a property, we create and offer virtual 360° online inspections using high-end equipment, as well as special outdoor images using drone photography.
    Our seller and buyer clientele are private individuals, family businesses as well as commercial company sizes, also with corresponding portfolio holdings.

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