House for sale • 700 m² without real estateTheodor-Heuss Str. 6, , Hesse

LOCATION: Goldschmiedwiese

Take advantage of an excellent opportunity – invest in a highly attractive property with 10 units! On a plot of approximately 1,814 m², this building was constructed around 1963 and renovated in 2015 to meet current standards. The total living area is about 700 m², distributed among ten individual residential units. The multi-family house offers 2- and 3-room apartments with roughly 70 m² of living space. The usable area of the entire building amounts to about 300 m². There are 4 apartments with balconies of about 4 m² each and 4 apartments with terraces of approximately 25 m² each. In the basement of the building, there are 2 studio apartments totaling about 70 m².

A new Novelan air-to-water heat pump heating system was installed in January 2025.

Each apartment features its own storage room and a designated parking space (a total of 14 outdoor parking spaces).

The great multi-family house is located in the northern part of the beautiful town of Alsfeld in the picturesque Vogelsbergkreis. The charming small town, with its approximately 16,200 inhabitants, is distinguished by its historic old town with half-timbered houses dating back to the 16th century and offers a successful blend of tradition and modernity.

Infrastructure in Alsfeld is well developed. Schools, kindergartens, and cultural facilities are easily accessible and contribute to the attractiveness of the residential area. In addition to various specialists and general practitioners, there is also a hospital. The local retail sector impresses with several smaller shops as well as multiple supermarkets and discount stores. Restaurants and cafés are also located in the immediate vicinity.

The transport connections, with proximity to the A5 motorway and the train station, ensure easy access to larger cities such as Kassel, Fulda, Gießen, or Marburg.

Modern, contemporary amenities with all the extras:

+ state-of-the-art heating technology with an efficient air heat pump, without fossil fuels

+ sound and heat-insulating triple-glazed windows

+ wall insulation of the façade

+ underfloor heating in all rooms

+ high-quality floor coverings

+ guest WC in all apartments

+ bathrooms with modern showers and bathtubs

+ a practical basement storage room for each apartment

In addition, garden areas, sunny balconies, and magnificent terraces offer all apartments a perfect outdoor experience.

The multi-family house has been fully rented since completion with long-term, reputable tenants. The property is fully let and generates annual rental income of approximately €73,000.

Given the location and the amenities of the residential units, there is additional potential for increasing rents. This in turn provides the property with long-term stable return prospects and the possibility of sustainable value appreciation.