House for sale • 316 m² without real estateKaiserslautern Kaiserslautern Rheinland-Pfalz 67659

Multi-family house with 5 apartments, a garden, and a large garage, built in solid construction, fully basement with a south-facing orientation.

The ground floor is completely barrier-free – from the driveway and entrance area to the terrace, there are no steps, and it features many floor-to-ceiling window elements and doors.

The upper floor can easily be converted into one large apartment with the same layout as the ground floor.

Half of the basement is a semi-basement and contains a residential unit.

The ground floor is one apartment.

The upper floor has one large and one small apartment.

There is also an apartment in the attic.

The property is a leasehold plot from the Reichswaldgenossenschaft with the lease running until December 31, 2070 – that’s about 45 years remaining.

An early contract extension for an additional 99 years is possible.

After the sale, the annual lease fee is €3,330 (i.e. approximately €275 per month).

The leasehold right offers particular advantages to buyers who want to preserve their equity while still enjoying a large plot of land.

The rental income helps finance the property and provides additional private retirement income in later years!

You will find the property at Fischerrück in the western part of the city, in a quiet area by the forest, with recreational and leisure amenities right at your doorstep.

The city center is about a 5–10 minute drive or a 15–20 minute walk.

A bus line operates continuously, and the nearest stop is about 3 minutes away.

All apartments are fully furnished and mostly renovated. They are all well rented to Americans.

All windows are relatively new and triple-glazed.

The annual warm rental income is €38,580 (excluding the ground floor).

The apartments are rented out on a fixed basis, including all ancillary costs, heating, electricity, etc.

A part of the apartments are rented to Americans through the American Housing Office.