House for sale • 335 m² without real estateKarl-Otto-Braun-Str. 32 Ludwigshafen Oppau Oppau Rheinland-Pfalz 67069

We are parting ways after more than ten years with this beautiful, charming old building from 1955. Only recently, we had the roof renewed—with its five dormers and insulation—and the facade was renovated as well. Inside, several renovations have been carried out. The house contains three separate apartments. On the ground floor and the upper floor, there are apartments of 130 square meters of living space each, complete with a large balcony. In the attic, there is an apartment of approximately 75 square meters with the five dormers and a new gas-fired floor heating system. All apartments are excellently rented and yield a net income of €32,000 per annum, which corresponds to roughly a 4% return based on a purchase price of €800,000. On the 450-square-meter property there are two garages and additional parking spaces in front. The garden surrounds the property and is maintained by the tenant of the ground-floor apartment.

We are happy to speak with genuinely interested parties who do not want to haggle over the price from the start. The house is very attractive to investors, but also to owner-occupiers. Real estate agent inquiries are pointless.

The property is located at Ostring on the corner of Karl-Otto-Braun-Str. 32. Parks for relaxation can be found directly opposite. The center of Oppau is just a 5-minute walk away, and the balconies face southwest.

The equipment is of high quality yet not excessive. All windows are made of plastic with ISO glass. The heating for the larger apartments is oil-based, featuring a Buderus burner in the hallway that heats three tiled stoves per cycle—a very comfortable and cost-effective heating system. One might consider a heat pump when our government finally reaches a coherent decision on the matter.

We are the private owners of this house and only rent it out privately.