House for sale • 287 m² without real estateObere Strasse 5 Stuttgart Ost Baden-Württemberg 70173

This property is an outstanding asset in a highly sought-after residential area. The five-story multi-family house features a total of 14 spacious and renovated rooms and five bathrooms spread over five apartment levels, offering generous living space and high comfort. The property is equipped with five floor heating systems that efficiently heat the building.

Currently, the building is fully rented and generates an annual cold rent of €78,000. This presents an attractive yield potential for investors looking to invest in a secure real estate asset. With a garage for one car and three large basement rooms, the property also offers additional storage space and convenience.

The building is in good condition and offers great potential for future value appreciation. The location of the property is extremely desirable, with excellent connections to public transportation and everyday local amenities.

The purchase price for this property, including the plot, is €1,695,000, which, considering the size, location, and high yield, represents an excellent deal. Overall, this is an outstanding investment opportunity for investors seeking a secure and profitable real estate asset.

This property is a true gem and offers a fantastic investment opportunity. The five-story multi-family house consists of four spacious apartments, each featuring three large rooms, a kitchen, a shower, and a separate WC. The apartment size is about 65 sqm per unit, providing generous living space.

On the top floor is a beautiful, fully developed 2.5-room apartment with new, large roof windows, a large bathroom with a corner bathtub, a modern kitchen, and a separate WC. This apartment offers additional living space and comfort.

In total, the house offers 14 spacious rooms with a total living area of 287 sqm, as well as a basement and a single garage in the rear courtyard. The property is in a modern condition and offers great potential for future value appreciation.

The location of the property is extremely desirable, with excellent connections to public transportation and everyday amenities. Currently, the house is fully rented and generates an attractive cold rent income of €6,500 per month.

This property is not only an excellent opportunity because of its central and attractive location in Stuttgart but also due to its features. The multi-family house is situated in a quiet residential area between Rosenteinpark near Wilhelma and Villa Berg / Mineralbäder. Public transport is excellently accessible via bus line N6 (tram stop Mineralbäder). In the vicinity, there are numerous restaurants, bakeries, cafés, grocery stores, and doctors that can be reached on foot. The Milaneo shopping center is also quickly accessible via Rosensteinpark.

For sports enthusiasts and cyclists, the surrounding parklands of the lower Schlosspark offer an optimal environment, and for swimming and sauna fans, the LEUZE Mineralbad is right at the doorstep, only 100 meters away.

The advantage of this property is the high net cold rent of €78,000 per year, which underlines the benefits of this asset. Furthermore, you do not have to worry about extensive renovations, as the building (roof, sanitary installations in the kitchen and WCs/bathrooms, rooms) has already been thoroughly renovated for you. Seize the opportunity to acquire this dream property and enjoy the highest living quality in one of Stuttgart's best locations!