House for sale • 886 m² without real estateWiesbaden Wiesbaden Hessen 65183

Property Description

• Purchase Price: 3,507,000 EUR

• Purchase Price per Parking Space: Included in the purchase price

• Rental Yield: 4.50% p.a.

• Depreciation (AFA): 6.50%

• Rental Income: 157,704 EUR annually

• Initial Leasing Guarantee

• Renovation Allowance during Tenant Change: 5,000 EUR

For sale is a completely renovated Gründerzeit ensemble (front and rear building) divided by the condominium law (WEG) with 14 residential units and a total living area of approximately 886 m² – a solid foundation for long-term wealth building. Particularly attractive: The TARGET net cold rent of 13,142 EUR per month is guaranteed for 10 years. This ensures that the property generates a positive after-tax cash flow from day one – without any rental risk during the initial phase. The price per square meter at 3,958 EUR/m² is significantly below the current regional market average (around 4,500 EUR/m²) and offers an excellent price-performance ratio with corresponding potential for value appreciation. Investors also benefit from increased historical building depreciation (6.5% AFA) as well as the possibility of selling the property completely tax-free after a 10-year holding period. Depending on your creditworthiness, purchase without equity is possible – we are happy to assist with the financing process.

Location

The property is located in a sought-after residential area of Wiesbaden city center – a location with a growing population (approximately 296,000 inhabitants), above-average income levels, and high rental demand. Ideal conditions for sustainable tenancy. The transport connections are excellent: the nearest highway exit is only about 2.5 kilometers away, making the entire Rhine-Main region easily accessible by car. Public transport is also superbly developed: a bus stop (Bleichstraße) is only approximately 196 meters away, and the Wiesbaden main station is about 1.4 kilometers away. Within a 15-minute radius, the area offers first-class infrastructure with more than 120 shopping options, numerous dining and leisure facilities, as well as educational and healthcare institutions – everything tenants appreciate for everyday life.

• Listed Gründerzeit ensemble consisting of a front and rear building.

• Fully renovated. Front building – 10 units and rear building – 4 units, totaling 14 residential units.

• Includes 4 car parking spaces on the property.

• Efficient gas central heating system installed.

• High living comfort combined with the charm of a historic old building.

Further detailed information is available during a personal consultation.