House for sale • 464 m² without real estateDuracherstr. 24, , Bavaria

The multifamily house in Kempten, Sankt Mang comprises a total of 8 residential units and offers capital investors additional development potential alongside the existing rental income.

The current net rental income amounts to €59,700 per annum. From the ground floor up to the third floor, each floor features two apartments with approximately 58 m² of living space. The two apartments on the ground floor have been renovated. The entire building is fitted with uPVC windows. Most of the apartments are in good or renovated condition. Some apartments still require modernization, thereby offering further potential for enhancement and optimization of rental income.

Additionally, the attic offers potential for expansion and, subject to the necessary permits, the possibility of creating additional living space.

The property includes three garages as well as a spacious plot with a garden. Further development potential exists, among other things, through the possible subsequent addition of balconies and energy-related improvements to the building. A future connection to the district heating network is fundamentally conceivable, and a district heating line is already present in the street.

In addition, discussions are underway with Deutsche Post and other providers regarding the possible installation of a parcel locker on the property. This could result in an additional source of income.

Overall, the property offers an interesting combination of existing rental income and various opportunities for further development and appreciation.

The multifamily house is located at Duracher Straße 24 in Kempten (Allgäu), in the Sankt Mang district. Its location combines good infrastructure with short distances to all daily necessities. Shopping facilities, a primary school, kindergartens, doctors, a pharmacy, and various dining options are all within close reach. A bus stop is just a few minutes’ walk away, providing excellent access to public transportation.

Particularly attractive is the magnificent view of the Allgäu mountain landscape. At the same time, the center of Kempten is easily accessible. Thus, the location offers a combination of good urban infrastructure along with high recreational value and the scenic charm of the Allgäu.

Additional features:

• 8 residential units

• 3 garages

• uPVC windows throughout the building

• Two renovated apartments on the ground floor

• Central heating

• Cellar

• Spacious garden

• Various floor finishes including parquet, laminate, tiles, and vinyl

• Attic with potential for expansion

• Possibility of adding balconies subsequently

Most of the apartments are already in good or renovated condition, while some still require modernization, thereby offering further potential for enhancement and long-term optimization of rental income.