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The multi-family house is located in a quiet and highly sought-after residential area in Karlsruhe-Mühlburg, prime location, on a purely residential street with excellent transport links:

• S-Bahn stop "Feierabendweg" approximately 200 m away (directly at Siemensallee)

• Approximately 900 m to the Municipal Hospital Karlsruhe

• Approximately 2.5 km to Karlsruhe University of Applied Sciences

• Approximately 4 km to Karlsruhe University

The house was built around 1955 and converted into condominium ownership (WEG) in 1981. It consists of 6 residential units and is fully basements. The condominium is clearly structured, well maintained, and functions harmoniously.

Construction & Technology

• Solid brick construction with reinforced concrete slab ceilings

• Gable roof with tiled covering, insulated

• Insulated top floor ceiling (approx. 70 cm mineral wool)

• Roof slopes insulated with Heraklith plates and mineral wool

• Left side facade energetically refurbished with an external thermal insulation composite system (ETICS) (10 cm)

• New gas central heating with central hot water supply (Viessmann, 2013)

Common Facilities

• Laundry room with access to the garden

• Bicycle shed in the garden

• Each apartment has its own basement storage room

• Communal garden behind the house

Ownership Structure

• 1 apartment occupied by the owner

• 2 apartments in the hands of various institutional investors, each rented out

• 3 apartments belong to an investor who is now selling all 3. Among these is the one offered in the brochure you are currently reading.

• In addition, the investor is selling the apartment on the 2nd floor left (rented, in need of renovation) and the apartment on the 1st floor right (extensively renovated, vacant)

• There is thus currently the possibility to acquire 3 residential units (50%) in the same building – 2 x 2-room apartments, for example for owner-occupancy with the possibility to use the 3rd apartment as an investment property or even for further owner-occupancy by terminating occupiers for own use

• In the course of the sale, the investor is also relinquishing his mandate as the board representative of the condominium administration, giving new owners the opportunity to actively participate in the condominium community.

• The sale of the 3 units is taking place because the investor will reinvest the capital from the sale into other real estate projects, using equity again as leverage.

• This offer represents a unique opportunity in the real estate market—it pays off to act quickly.

• Clearly regulated responsibilities (windows, balconies = common property defined as separate ownership)

For sale is a well-laid-out 2-room attic apartment (attic right) with approx. 41.77 m² in a well-maintained 6-family house at Feierabendweg 15, Karlsruhe-Mühlburg. Prime location.

Key Data of the Apartment

• 2 rooms, kitchen, bathroom, hallway

• Living area: approx. 41.77 m²

• Room layout:

  o Room 1: 8.43 m²

  o Room 2: 14.26 m²

  o Kitchen: 14.26 m²

  o Bathroom: 3.04 m²

  o Hallway: 1.82 m²

• Exclusive right of use (according to the declaration of division) for the attic above for both attic apartments (height approx. 1.50 m)

• Quiet residential street with abundant green, family-friendly

• 200 m to the S-Bahn stop “Feierabendweg” (Siemensallee)

• 900 m to the Municipal Hospital Karlsruhe

• 2.5 km to Karlsruhe University of Applied Sciences

• 3 km to Siemens Karlsruhe, 4.1 km to Karlsruhe University

• 2 children’s playgrounds 500 m away

Highlights of the Apartment

• Complete gut renovation in 2024 and 2025

BATHROOM / COMPLETE WATER SUPPLY SYSTEM

  o The system with all water pipes (hot and cold water) running from the basement on the entire right side of the building has been newly installed (sewage and heating were not redone, as they are in good condition)

  o This affects the ground floor apartment, 1st floor apartment, and the attic apartment right (the sales object of this advertisement)

  o The bathroom layout has been altered, with a large shower tray (90 cm x 90 cm) installed (steel tray)

  o This resulted in an enlargement in this area by building a new partition wall (drywall, Rigips) in the kitchen

  o Ceiling has been lowered with drywall (Rigips)

  o A Geberit concealed cistern has been installed

  o A modern towel radiator has been installed

  o New, high-quality sanitary fixtures from Grohe and Villeroy & Boch have been installed

  o In addition, the bathroom was prepared with a connection for a washing machine (in case one does not wish to use the common laundry room in the basement; each apartment has its own space with separate water and electricity meters there)

  o New bathroom wall and floor tiles throughout

  o Bathroom with window

KITCHEN

  o Directly from the bathroom, the water pipes for the adjoining kitchen were also renewed through the wall

  o The kitchen, of course, received a new backsplash (60 cm x 60 cm, grey)

  o A new IKEA kitchen with high-gloss white lacquered fronts was installed along with a new Siemens 4-burner stove with oven

  o The extractor hood is of the external exhaust type

  o The floor tiles in the entire kitchen (60 cm x 60 cm in grey) were also newly installed (and they match the floor in the hallway and the tiles on the bathroom walls; note: the grey tiles are floor tiles)

  o New flooring in all rooms (high-quality laminate & tiles)

  o New interior doors

• The complete electrical installation was already renewed in 2020; the electrical system was adjusted and revised by a German electrical company as part of the renovation.

• At the end of 2024, all 4 Velux windows will be newly installed, immediately following a 2024 condominium resolution for implementation.

  o Velux Cabrio roof window (114 x 252 cm): balcony variant (bedroom 1)

  o 2 x 2-leaf tilt and turn windows in the kitchen (114 x 118 cm), in a row

  o Large tilt and turn window in the bathroom (78 x 98 cm)

  o New tiles, laminate, sanitary installations, doors

• Window renewal by a local German roofing company (Master Company)

• The installation was and is free of permits and notifications according to the city of Karlsruhe

• Until the end of May, 3 additional new windows will be installed by a Karlsruhe window company, replacing the 3 remaining old wooden windows (1 x bedroom with Velux Cabrio window, 1 x kitchen window, 1 x small bedroom window). With that, all windows are 100% new.

• Now all the doors have been renewed (same look)

• A new, uniform laminate floor has been installed in every room.

• The highlight of the apartment is the Velux balcony Cabrio window from the large bedroom overlooking the garden. Also, from the kitchen one can enjoy this great view through the open door.

• The view through the windows to the backside of the house into the very spacious garden is a dream.

• All new Velux windows, in the same color, have also received new interior blinds.

• No shutters on the regular windows (only interior venetian blinds), radiators painted, mostly new wallpaper, apartment completely repainted.

• The apartment was rented furnished by the owner as part of a special rental arrangement. Therefore, in every room there is a TV connection on the wall and plenty of power outlets everywhere.

House Description

• Year of construction: approx. 1955, conversion into condominium: May 25, 1981

• Solid construction with Poroton brick masonry (30 cm) and reinforced concrete slab ceilings

• Gable roof with dormers

• 6 residential units, identical floor plans per floor

• Fully basement, allocated storage room No. 5 according to the plan (approx. 8 m²)

• Common laundry room in the basement with rear exit directly to the garden (each apartment has its separate water and electricity connection)

Garden & Outdoor Area

• Communal garden directly behind the house, available for use by all

• Adjacent: a generous private garden not part of the condominium (not owned by the condominium, but with a view of greenery), which will probably never be built upon, as it is designated as garden land with a garden house and no access road.

• Perfect for relaxing, barbecuing, sunbathing, with access either via the laundry room or normally along the left side of the house, where the bicycle shed is also located.

Energy Measures & Building Fabric

1. Roof Slopes

  • Cladding with Heraklith plates (wood wool lightweight boards, A2, asbestos-free)

  • Additional mineral wool insulation underneath

2. Top Floor Ceiling (attic floor)

  • Full-surface insulation with approx. 70 cm mineral wool

  • Significant energy savings, no retrofitting required according to the GEG

3. Left Facade (gable side)

  • External thermal insulation composite system with approx. 10 cm insulation

4. Heating

  • Modern gas central heating (Viessmann, built in 2013) with central hot water preparation

  • No need for replacement according to GEG

5. Roof

  • 2025 roof inspection by a German roofing company

  • Defective tiles were replaced

  • No need for refurbishment, the roof is in good optical and technical condition

Conclusion on Building Fabric

• No asbestos according to observations and construction type

• Excellent condition considering the building’s age

• Ideal conditions for maintaining value, rent increases, or owner-occupancy

Declaration of Division & Condominium Structure

• Apartment: 130/1,000 co-ownership shares

• Parcel: 8757/20 with 1,006 m² of land

• No parking space included – free parking spaces in front of the house

• All apartment windows & balconies were defined in 1992 by a condominium resolution as separate ownership (a decisive advantage in modernizations, as the costs are borne by the individual apartment owners)

• Radio meters for water and heating are installed in each of the 6 apartments

• Sale is directly from the owner – without an agent

• Energy certificate will be presented at the viewing

Miscellaneous

• No maintenance backlog for the building, low additional costs

  Low operating costs due to communal organization

• Staircase cleaning is carried out on a weekly rotating basis by the residents floor by floor

• No caretaker service: garden maintenance and garbage placement are carried out independently by the condominium community

• No condominium contract for TV. Satellite dish on the house wall (apartment 1st floor right, i.e., below), which also supplies the 2nd floor apartment with cable

Administration & Organization

The management of the condominium is now handled by a new, external property management company. The previous management was replaced due to age, as documents such as invoices and operating plans were no longer provided in a timely manner.

Portfolio Adjustment / Rebalancing

The 3 apartments for sale belong to a regional, family-run real estate investment company. As part of a strategic realignment of the large portfolio, selective divestment of individual units is now taking place, including these – especially the vacant and newly renovated units.

• Sale directly from the owner – without an agent

• The energy certificate will be presented at the viewing

Agent inquiries are not desired! According to § 7 UWG, unsolicited contact from agents without the explicit consent of the recipient is prohibited!