House for sale • 335 m² without real estateKarl-Otto-Braun-Str. 32 Ludwigshafen Oppau Oppau Rheinland-Pfalz 67069

After more than ten years, we are parting ways with this beautiful, charming old building from 1955. Only recently, we had the roof renovated with five dormers and thermal insulation. The facade was also renewed. Several renovations have been carried out in the interior. The house has three separate apartments: on the ground floor and the first upper floor, there are 130 square meters of living space each, complete with a large balcony; in the attic there is an apartment of about 75 square meters with the five dormers and a new gas-fired central heating system. All apartments are well rented and yield a net rental income of €32,000 per annum. This corresponds to approximately a 4% return relative to the purchase price of €800,000. On the 450 square meter plot there are two garages and parking spaces in front. The garden surrounds the property and is maintained by the tenant of the ground floor apartment. We are happy to speak with serious potential buyers who do not wish to haggle over the price right from the start. The house is very interesting for investors as well as for owner-occupiers. Inquiries from real estate agents are pointless.

The property is located on Ostring, at the corner of Karl-Otto-Braun-Str. 32. Opposite, there are parks for recreation. The town center of Oppau is a 5-minute walk away. The balconies face southwest.

The features are of high quality, but not excessive. All windows are made of plastic and equipped with ISO glass. The heating for the large apartments is oil-based, featuring a Buderus burner in the hallway, which heats three tiled stoves each—a very pleasant and economical heating system.

A heat pump might be considered if our government finally reaches a definitive stance.

We are the private owners of this house and rent it out privately.