House for sale • 430 m² without real estate, Baden-Württemberg

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For sale is a well-maintained multi-family house in the central location of the thriving municipality of Meckesheim-Mönchzell. The six individual apartments are fully and reliably rented to pleasant tenants. The current rental yield is 5.5% relative to the purchase price. All rental contracts are subject to indexation. Thus, the property is particularly suitable as protection against inflation, for retirement provision, or as an investment.

The house was largely newly constructed in the 1990s using solid construction on the 738 m² plot and was subsequently extended upward. The building is future-proofed by heating with pellets/electricity. The roof, as well as the top and bottom floor ceilings, are insulated. Double-glazed WERU brand windows are installed in the main house (gaskets were replaced in 2019) and Albohn brand windows (new in 2016) in the extension.

In 2016, the conversion and expansion of the previously existing single-story commercial annex into residential space took place. In addition, three spacious garages were built. The total living area is approximately 430 m². The property now comprises six separate, highly sought-after apartments. Leasing is not an issue here. Attractive features include low ancillary costs and excellent transportation connections. Furthermore, there are three garages plus a total of five additional parking spaces in the courtyard, as well as a garden/outdoor space for the tenants.

Each apartment has its own separate storage room, which is located in the communal areas on the ground floor. This area also contains the storage room for bicycles. The building is connected to the local fiber-optic network, and in addition to the existing DSL, each apartment has its own connection option to the fiber-optic network. A satellite TV connection is also available in every apartment.

The property has been progressively renovated and modernized in recent years and can be taken over without any further modifications.

NOTICE: On the property, additional residential development is possible as an extension to the existing building with two further residential units of 60 m² each according to §34 BauGB. An official building pre-approval for this is on file!

Further information, figures, additional pictures, and details on rental income are available on request in the exposé.

Ground Floor:

Apartment 1: 63 m², 2 rooms, kitchen (including a rented-in fitted kitchen), bathroom, utility room, tiled floors, pellet stove, and underfloor heating (electric), car parking space in the courtyard, comprehensive renovation including a new bathroom in 2023.

First Floor:

Apartment 2: 64 m², 3 rooms, kitchen (including a rented-in fitted kitchen), bathroom, tiled floors, pellet stove, and underfloor heating (electric), garage in the courtyard, comprehensive renovation including a new bathroom in 2025.

Apartment 3: 76 m², 3 rooms, kitchen, bathroom, tiled floors, pellet stove, and underfloor heating (electric), garage in the courtyard, comprehensive renovation including a new bathroom in 2020.

Second Floor:

Apartment 4: 63 m², 3 rooms, kitchen (including a rented-in fitted kitchen), bathroom, tiled floors, pellet stove, and underfloor heating (electric), car parking space in the courtyard, renovated in 2014.

Apartment 5: 69 m², 2 rooms, kitchen (including a rented-in fitted kitchen), bathroom, tiled and laminate floors, pellet stove, and night storage heating (individual storage), car parking space in the courtyard, comprehensive renovation including a new bathroom in 2018.

Annex Ground Floor:

Apartment 6: 95 m², 4 rooms (including an open-plan kitchen/living area), bathroom, tiled floors, pellet stove, garage in the courtyard plus an additional parking space and garden/outdoor area, complete new construction in 2016.

The property is located in the central area of the Mönchzell district in the up-and-coming municipality of Meckesheim-Mönchzell. Recently, the municipality has completely renewed and attractively designed the area around the house as part of urban core regeneration. Meckesheim-Mönchzell is centrally located in the Rhein-Neckar district and belongs to the Rhine-Neckar metropolitan region, one of the most attractive and competitive regions in Germany. The Prognos Zukunftsatlas rates the Rhein-Neckar district as having "very high prospects" and, according to the Statistical Office of Baden-Württemberg, a steadily increasing population development is forecast.

With its approximately 5,300 inhabitants, Meckesheim-Mönchzell is excellently connected by the S-Bahn to destinations such as Heidelberg, Mannheim, Sinsheim, or Heilbronn. The bus stop (only a 7-minute walk to the S-Bahn station) is located right next to the building. Likewise, a cycle path leads to the S-Bahn station within a few minutes.

In addition, the municipality offers everything needed for daily life, such as Aldi, Lidl, Rewe, Penny, DM, pharmacies, various doctors, kindergartens, primary and secondary schools, etc.

Disclaimer:

All information provided is intended solely as initial information and does not replace the buyer’s consultation with a lawyer, tax adviser, or architect/building surveyor. No representation or warranty, even to third parties, is expressly made regarding the timeliness, correctness, quality, or completeness of the information provided. This includes, in particular, image files, property details, building plans, location plans, or area confirmations. Liability claims against the author or seller arising from the use or non-use of incorrect or incomplete information are generally excluded, unless there is gross negligence or proven intent on the part of the author or seller. The offer is non-binding and subject to change. It is expressly reserved to change, add to, delete parts of, or temporarily or permanently stop the publication of the offer, or parts thereof, without separate notice.

The only binding terms are those of a notarized purchase contract.