House for sale • 261 m² without real estateKaiserslautern Kaiserslautern Rheinland-Pfalz 67655

Rare investment opportunity in a highly sought-after downtown location – offering solid existing rental income, significant development potential, and a calculated purchase price of only approximately €900/m² including the expansion reserve.

The building is constructed over two floors (ground floor + first floor) and comprises:

• 2 rented commercial units

• 1 modernized residential unit (currently vacant due to the sale)

• 9 parking spaces in the courtyard (of which 6 are covered)

• A small garden area

The main building was constructed in 1955 using solid construction methods and is fully basemented. The basement and staircase ensemble partly date back to the pre-war period.

The apartment was extensively renovated around 2005 and has been continuously modernized since then:

• High-quality parquet flooring

• Upgraded doors, windows, bathrooms, and kitchen

• 2 loggias, 1 balcony

In the rear area of the property, there is a double carport as well as three additional lightweight carports.

Area Overview

• Land size: 616 m²

• Total existing area: 261 m²

Layout

• Residential unit: 114 m²

• Commercial: 151 m²

Parking Spaces

• 9 car parking spaces, of which currently 1 is vacant (assigned to the residential unit)

Significant expansion potential through:

• Adding up to 3 full floors plus an additional attic floor

• Additional development in the rear part of the property

For the property, both an additional floor and further development have already been reviewed and positively evaluated. The previous preliminary building inquiry allowed for an additional usable area of approximately 470 m², which corresponds to roughly 180% of the existing usable area.

Income Data

• Annual net cold rent (target): €35,868.76

• Factor: 18

Of which:

  • Commercial: €17,786.76

  • Residential: approximately €15,000.00

  • Parking spaces: approximately €3,082.35

Rental Status

• Residential: currently vacant due to the sale

• Commercial: 2 units are rented (no vacancies)

Key Figures

• Heating system: District heating

• Purchase price for the existing property: approximately €2,490.42/m²

Purchase price including the expansion reserve: approximately €900/m²

Downtown Southwest, 67655 Kaiserslautern

• Central downtown location with high visibility and a quiet surroundings

• Proximity to the city park, the Palatinate Forest, Fritz-Walter Stadium, and the collegiate church

• Main train station within walking distance, with ICE connections to Frankfurt, Saarbrücken, and Paris

• Direct access to the A6 and A63 highways, with Frankfurt/Main Airport (1 hr) and Saarbrücken Airport (50 min)

• Urban flair and diverse leisure opportunities make the location attractive for both residential and commercial purposes