House for sale • 470 m² without real estateHauptsmoorstaße 75 Bamberg Bamberg Bayern 96052

Multi-family house in Bamberg-Gartenstadt, with 5 apartments, 2 commercial units, 4 car parking spaces, and additional public parking spaces in front of the building. It includes 1 garage and 1 bicycle shed in the courtyard, and is fully basemented. The net rental income is 53,100 euros per year. There are long-term tenants, with only 1 tenant change in recent years (the commercial unit on the right experienced water damage and underwent a 2‑month repair period covered by insurance). All apartments feature bathtubs, the commercial unit has a shower room, 4 apartments have balconies, and the ground-floor apartment includes a hobby room with its own access from the courtyard side. The attic might still be convertible. The sale is being made for reasons of age and due to the great distance from our residence. The asking price is 1,800,000 euros negotiable.

There are all kinds of shops, schools, an ice cream parlor, a bakery, eateries, a grocery store, children’s shoe stores, etc. located nearby, and it’s only a 3‑minute drive to the motorway. The business location is excellent.

The building is in very good condition. About a year ago, after water backed up from the sewer, backflow prevention valves were installed in the basement. The sewer system has been completely renovated in recent years.