House for sale • 178 m² without real estateTulpenstraße 13, , Baden-Württemberg

For sale: a renovated multi-family house with three residential units and eight rooms on 178 m² of living space in Eggenstein-Leopoldshafen — only 2.5 km from the KIT Campus Nord.

All units are rented and generate an annual net cold rent of around €56,400. The rent can be increased.

The building is technically up-to-date: insulated façade, new windows, and modern building services. There is no backlog in investments. A photovoltaic system with battery and a hot water heat pump has been installed. All units are rented and generate ongoing income from day one.

The first floor is permanently leased to three tenants. The ground floor and attic are rented out as rooms for craftsmen or shared apartments, benefiting from the constant demand from the KIT Research Center, local crafts, and nearby industries. Alternatively, all eight rooms can be rented out permanently as a shared apartment — both strategies are economically viable.

The property covers 390 m² and, at the current standard land value of €660/m², is worth about €257,000 as a plot alone. It offers space for a backyard building with approximately 130 m² of living space — either as a single-family home or a two-family house with two residential units. A preliminary building survey can be submitted. Buyers will acquire not only the ongoing cash flow but also the development potential of a second property on the same plot. For new construction, KfW subsidized loans are available on conditions significantly below market rates — an application can be made immediately after purchase.

The property is being sold directly by the owner. No broker fee.

Detailed return documents with various rental scenarios and a KfW calculation are available upon request.

Viewings are by appointment — please include a brief note about your financing situation.

Eggenstein-Leopoldshafen is located directly north of Karlsruhe and adjoins the KIT Campus Nord, one of Europe’s largest research sites with around 8,000 employees. The constant demand for housing — particularly for commuters, craftsmen, and students — ensures minimal vacancy risk. Shopping, schools, and public transportation are within walking distance. The A5 and Karlsruhe city center can be reached in just a few minutes.

The building has been comprehensively renovated and is in excellent technical condition. The façade is fully insulated, all windows have been replaced and meet current energy standards. The building services are modern and fully operational, with the central heating reliably supplying all three residential units.

The apartments are practically and well-maintained equipped. The first floor (three rooms, each about 68 m²) is permanently rented furnished. The ground floor and attic are set up for rental to craftsmen or as a shared apartment — furnished, ready to move in, with functional amenities including a kitchen, bathroom, and internet.

There is no need for any further renovation or investment. The property can be taken over and re-let without additional work.

Parking spaces are available. The energy certificate will be provided.

Private sale, no broker. Yield calculator as an Excel model available upon request.