House for sale • 1950 m² without real estatePforzheim Pforzheim Baden-Württemberg 75175

Provision-Free Sale by Owner

Please, no broker inquiries

The offered multi-family house provides you with:

- An excellent tenant structure

- An excellent state of repair

- No backlog in renovations

- Good floor plans

- Year of construction: 1995

Key Data:

- Year of construction: 1995

- Living area: 1950 sqm

- 19 parking spaces, 7 garages

- Annual cold rent: €236,360

- Purchase price: €4.485 million

- Gross yield: 5.27%

- Factor: 19

- Purchase price per sqm: €2,300

Technical Condition:

- Insulated facade

- Plastic windows with double insulated glazing

- Water, heating, and electrical installations are up to current technical standards (built in 1995)

- 14 residential units extensively renovated including high-quality fitted kitchens

- 10 residential units in typical condition for the year of construction (1995)

- Extensive elevator renovation (new cables, new control system, etc.)

- District heating with a new hot water boiler, control system, heat exchanger, pumps

Tenant Structure:

- No rent arrears

- No legal disputes

- Full security deposits available

- All tenants speak very good German

- All tenants are employed (with the exception of 4 retired couples)

The multi-family house is located in a central and sought-after area in the Au district, 75175 Pforzheim.

The surroundings combine urban flair with good infrastructure and high quality of life:

• Public transportation is within walking distance, providing quick connections in all directions throughout Pforzheim and the surrounding area.

• Daily shopping opportunities are available in the immediate vicinity: supermarkets, bakeries, and small shops are conveniently reachable on foot.

• Facilities for childcare and schools are available nearby, which is a significant advantage for families.

• Doctors, pharmacies, and other services are available within a short distance, ensuring quick access and the possibility to accomplish many tasks without a car.

• For leisure and recreation, Pforzheim offers numerous opportunities – parks, green spaces, and proximity to the city make this residential location attractive. Typical destinations like the wildlife park or the Enzauen can be reached quickly.

• The house is situated in an urban area with good infrastructure, an urban character, and short distances – ideal if you wish to combine city life with moments of tranquility nearby.

For Students:

- University of Applied Sciences for Business/economics, technology, and design in the immediate vicinity

For Commuters:

- 5 minutes by car to the A8 entrance

- 10 minutes’ walk to the main train station

- Bus stops nearby

For Daily Needs in the Immediate Vicinity:

- Hospital

- Riverbank along the Enz

- Penny Market / Greengrocer / Döner / Chinese restaurant / etc.

- EMMA Creative Centre

- Cafe Roland

- Mauritius

- Irish Pub

- City Library

- Congress Centre