House for sale • 814 m² without real estateWilhelmstraße 17 Heilbronn Heilbronn Baden-Württemberg 74072

9 Units = A Good Investment

The building at Wilhelmstraße 17 was constructed in 1907/1908 for Friedrich Mössner, boasts a beautiful sandstone facade, and is a listed historic building. This offers the future owner tax depreciation benefits.

From 2015 to 2022, the building was gutted apartment by apartment and lovingly, with great attention to detail, converted into flats with shared rooms. Today, about 1,029 m² are occupied by a retail store, a storage area, and 6 apartments featuring predominantly new kitchens, bathrooms, and WCs. The property is heated with gas via 4 gas-fired floor heating systems. During the renovation, the water and gas pipelines, boilers, and electrical systems were almost completely renewed.

Some of the old supporting beams in the interior have been partially exposed, which—combined with the ceiling heights of approximately 3.15 m—further enhances the old building charm. All these measures give the property a unique residential appeal in Heilbronn, where historic buildings are rare.

Incidentally: Due to the impressive overall building height of almost 20 m, the building is equipped with a fire alarm system.

All apartments are equipped with 250 Mbit connections from Vodafone and a cable connection. Fiber optic is being commissioned for the building. The property also features several separately rented basement compartments.

There is a condominium declaration available. The building is sold as a complete package, including a small storage hall (with three approved double parking spaces) which is currently still rented as storage.

The current cold rent income for the building and the small storage area amounts to approximately €12,000 per month. The total ancillary income currently amounts to a flat rate of €3,400 per month.

The rental contracts for the shared apartments are one-room annual contracts, which provide high flexibility and control over the living space, pricing, and future development. A caretaker, who is familiar with the building, is available, living only 300 m away, and takes care of repairs, coordinating tradespeople, and managing tenants’ move-ins and move-outs.

The site, consisting of several buildings, was subdivided in 2025. Thus, the buyer acquires co-ownership shares in the entire site, which, with the largest portion being acquired through the purchase of Wilhelmstraße 17, automatically results in a majority of the shares in the land.

Lidl, Netto, Rossmann, and the “Best Edeka in Germany 2019” are only a 5–10 minute walk away. A bakery (that still bakes its own bread) and one of the best butchers in town, a medical center, a kindergarten, and schools are also at most 10 minutes away, with vineyards 15 minutes and the municipal forest 20 minutes away.

There are many possibilities for parking on the street in the vicinity. The nearest parking garage, at Wollhaus, is a 3-minute walk away. Outdoor or garage parking spaces can be purchased in addition to the apartments.