House for sale • 215 m² without real estateStuttgart Wangen Baden-Württemberg 70327

Fully rented residential building with ten rooms in Stuttgart-Wangen, commission‐free directly from the owner.

The house, built in 1929, has been continuously modernized over the decades and offers 215 m² of living space on three floors, plus around 60 m² of utility space. Originally constructed as a three-family house, it is now run as a shared apartment building: on each floor, one shared household resides, with each person having their own room, while the kitchen and bathroom are shared within the floor.

The layout:

Ground floor, approx. 60 m²: three rooms, kitchen, daylight bathroom with a shower tray

Upper floor, approx. 76 m²: four rooms, kitchen, daylight bathroom with a shower tray

Attic, approx. 79 m²: three rooms, one of which is a maisonette spread over two levels, kitchen, daylight bathroom with tub and shower, separate WC, storage room, access to the converted attic space

All ten rooms are rented. The rents are inclusive and cover all additional costs.

Key figures at a glance:

• Warm rental income: EUR 4,610 monthly

• Operating costs: EUR 620 monthly

• Net cold rent: EUR 3,990 monthly, EUR 47,880 annually

• Gross yield: 4.84%

• Purchase price factor: 20.7

The property also includes a garden with a terrace—which residents use as a barbecue area—a laundry and drying room with two washing machines (operated by a coin-operated machine), as well as a communal cellar room. In addition, there is a large vaulted basement, converted and renovated, which is currently not in use.

There are no dedicated parking spaces; however, free-access parking spots are available around the building.

The sale is carried out with the existing tenancies. An on-site property manager, who has been familiar with the property for years and is happy to continue the management, oversees the building. This means you can take over the property management even from a distance.

Since we are selling without an agent, the buyer’s commission is eliminated. Compared to a comparable offer by a realtor, you save around EUR 47,000.

Wangen stretches along the Neckar River between Hedelfingen, Bad Cannstatt, and Untertürkheim. The district has a well-established town center with small restaurants and shops, as well as a regular weekly market. Everything needed for daily shopping is within easy walking distance.

Both the high school (Gymnasium) and secondary school (Realschule) are within walking distance, and kindergartens are nearby. Clubs and organizations provide a broad range of cultural and sporting activities.

Transportation is excellent: the B 10 towards Ulm and Karlsruhe is right on your doorstep, and Stuttgart’s city center is about 15 minutes away. U-Bahn lines 4, 9, and 13 serve several stations in the district, with the nearest stop only a few minutes’ walk from the house.

It is precisely this connectivity that makes the house attractive for renting to shared households. Whether you work or study in Stuttgart, you can quickly reach anywhere from here.

Additional features:

• New plastic windows

• Insulated façade

• Modern gas central heating system

• Parquet and plank floors in all apartments, in good condition

• Daylight bathroom on every floor

• Converted attic space

• Vaulted basement, converted and renovated

• Laundry and drying room with two washing machines (coin-operated)

• Communal cellar room for residents

• Garden with terrace

All rooms are rented furnished.