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, features a beautiful sandstone façade, and is a protected historic monument. This offers the future owner depreciation benefits.

From 2015 to 2022, the building was gutted apartment by apartment and lovingly and meticulously converted into apartments with shared-room arrangements. Today, on approximately 1,029 m², there is a retail space, a storage room, and 6 apartments with predominantly new kitchens, bathrooms, and toilets. The property is heated by gas using 4 wall-mounted gas heaters. during the renovation, the water and gas pipelines, boilers, and electrical systems were almost completely renewed.

The old structural beams in the interior were partly exposed, which—combined with ceiling heights of about 3.15 m—further enhances the building’s old-world charm. All these measures give the property a unique residential appeal in Heilbronn, where there are hardly any old buildings left.

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. A fiber optic connection has been commissioned for the building. The property also has several separately rented basement compartments.

A partition declaration is in place. The building is sold as an entire package, including a small storage hall (with three approved double parking spaces) that is currently still rented out as storage.

The cold rental income for the building and the small storage area currently amounts to approximately €12,530 per month. The total ancillary income currently amounts to a flat rate of €3,400 per month. The leases for the shared apartments are one-room annual rental 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, coordination with tradespeople, and the tenants’ move-ins and move-outs.

The property, consisting of several buildings, was subdivided in 2025. Thus, the buyer acquires co-ownership shares in the entire property, with the largest share, through the purchase of Wilhelmstraße 17, automatically resulting in a majority stake in the land. We are talking here about a share of approximately 650.7 m² / 643 ME in 1/1,000 parts of a total area of 1,098 m².

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; vineyards are 15 minutes away and the city forest 20 minutes away.

In the surrounding area, there are many opportunities to park on the street. The nearest parking garage is a 3-minute walk away in the Wollhaus. Outdoor or garage parking spaces can also be purchased in addition to the apartments.