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

For sale is this impressive and extremely robust residential and commercial building in a prime, central location in the heart of Plettenberg. The property is entirely listed as a historic monument and combines historical charm with excellent economic performance indicators.

Offered at an attractive purchase price of €520,000 (purchase price factor of approximately 14.0 when fully rented), this property presents an outstanding opportunity – both for investors and especially for owner-occupiers or business operators.

The absolute highlight for owner-occupiers:

The spacious and high-quality unit on the upper floor (approximately 155 m² including office) is delivered completely ready for occupancy and rent-free. Having been renovated just a few years ago, including the installation of comfortable underfloor heating, it is perfectly suited as your own dream apartment or as a representative office unit.

The trick: With a conventional financing (3.5% interest + 2.0% repayment), the rental income from the ground floor and the attic almost entirely covers the monthly loan installment. You obtain 155 m² in a prime location for effectively only about €333 per month!

Layout & Rental Income Details:

Ground Floor (approx. 170 m²): Well-designed commercial/residential unit | Completely renovated about 10 years ago | €1,500.00 cold rent per month

Upper Floor (approx. 170 m²): Spacious premium residential area plus office | Extensively renovated 3 years ago including underfloor heating | Delivered rent-free for owner-occupier use (or new leasing at approx. €1,050.00 target rent per month)

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

Outdoor Parking Spaces: 3 units along the street (optional)

The property is located in the best and most frequented area right in the center of Plettenberg. All everyday shops, doctors, authorities, and restaurants are within walking distance. The parking situation on the street also guarantees permanent and recession-proof leaseability of the parking spaces in the direct center.

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

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

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

Rain Gutters: The building’s rain gutters will be freshly repaired and restored.

Future Potential (Not included in the purchase price / buyer’s own expense):

The building’s exterior façade will eventually need to be renovated. This offers the buyer an excellent opportunity for optimization with significant tax advantages: Since the property is completely under monument protection, the buyer can claim the renovation costs for the façade extremely quickly and profitably through the heritage depreciation. In addition, attractive state grants and monument protection subsidies are available for this measure.

Direct Sale without Broker’s Commission:

The sale is conducted commission-free directly by the owner’s GmbH.

Confidentiality & Documentation:

To handle your inquiry promptly and discreetly, we will provide you with detailed property documents (such as rental contracts, floor plans, cadastral maps, and heritage information) as well as viewing appointments.