House for sale • 475 m² without real estateKaiserstr. 10, , North Rhine-Westphalia

For sale is this stately and extremely solid residential and commercial building in a prime, central location in Plettenberg town center. The property is entirely under historic monument protection, combining historical charm with excellent financial key figures. With a forecast gross rental yield of over 6.1% and a highly attractive purchase price factor of only approximately 16.3, this property offers a first-class opportunity for institutional investors, family offices, or private investors who value a strong, crisis-proof cash flow.

A special highlight for investors: The spacious and high-quality unit on the upper floor (approx. 155 m² including office) will be handed over completely move-in ready and rent-free. Thanks to the comprehensive renovation carried out just 3 years ago, including underfloor heating, this unit can immediately be re-let at absolute market peak prices (target cold rent: approx. €1,050.00 per month).

The remaining units on the ground floor and attic, as well as the 3 street-side parking spaces, provide a solid, established basis and ensure excellent security for the investment from day one.

Breakdown & Rental Income in Detail:

Ground Floor (approx. 170 m²): Well-designed commercial/residential unit | Completely renovated about 10 years ago | Target cold rent: €1,400.00 per month

Upper Floor (approx. 155 m²): Spacious premium residential area + office | Extensively renovated 3 years ago including comfortable underfloor heating | Delivered vacant for immediate re-letting (forecast target rent: approx. €1,050.00 per month)

Attic (approx. 140 m²): Cozy residential unit | Long-term and steadily rented | Target cold rent: €550.00 per month

Outdoor Parking Spaces: 3 units on the street side | 3 x €40.00 = €120.00 per month

Massive Tax Advantage Due to Historic Monument Status: Since the property is entirely under monument protection, it offers excellent opportunities for the highest tax depreciation (monument depreciation/deductions) on future preservation measures – an ideal tax lever for high earners. An energy certificate is not legally required.

The property is located in the best and most highly frequented area right in the center of Plettenberg. All everyday shops, doctors, authorities, and restaurants are within walking distance. Moreover, the parking situation on the street side guarantees permanent and crisis-proof rental potential for the parking spaces in the very center.

The building is in a well-maintained, continuously modernized condition without any urgent need for interior renovation. A special energy-related highlight: The roof is already completely insulated!

The following additional renovation measures will be carried out professionally before the sale and are already fully included in the purchase price:

Modern Windows: In the stairwell and on the upper floor, almost all windows will be replaced with highly efficient triple-glazed windows (in accordance with the monument protection regulations, except for 3 existing units). Two defective basement windows will also be completely renewed.

Gutters: The building’s gutters will be freshly repaired and refurbished.

Future Potential (Not included in the purchase price / Buyer's own contribution):

The building’s exterior facade will eventually need to be renovated. This offers the buyer excellent potential for optimization with extreme tax advantages: Since the property is entirely under historic monument protection, the renovation costs for the facade can be claimed very rapidly and profitably for tax purposes by the buyer via the monument depreciation rules. Attractive state subsidies and historic monument grants are also available for this measure.

The sale is conducted directly by the owner’s GmbH, so no broker’s commission will be charged. The sale is planned regularly as an asset deal (transfer of real estate). For the buyer, this results in the benefit of a complete depreciation step-up (new depreciation basis on the full building purchase price). A share deal can also be examined in negotiations upon request.

Please understand that detailed documents (rental contracts, cadastral maps, monument details) and viewing appointments will only be provided upon giving complete contact details and proof of creditworthiness or a preliminary financing confirmation.