House for sale • 300 m² without real estateGeisenheimerstraße 32, , Hesse

The property for sale impresses with its ideal location; it is only a few minutes’ walk to both Drosselgasse, the Rhine, and the idyllic green space.

This multi-family house offers a secure investment opportunity on a total living area of approximately 300 m², spread over three floors with three well-designed residential units boasting partial views of the Rhine, all of which are solidly rented (ground floor approx. 110 m², first floor approx. 110 m², attic approx. 80 m², basement with various storage rooms). All three rented units are leased to recipients of benefits according to SGB II. Rent payments are made directly through the responsible Jobcenter as part of the costs for accommodation and heating (KdU) and are therefore considered state-secured rental payments. This ensures high income security and makes the property an ideal investment with predictable cash flows.

Due to its structure, the building could also be well-suited for use as a multi-generational home.

Two of the residential units (ground floor and attic) were comprehensively renovated in 2019. A modern outfitting of the bathrooms and the entire apartments provides you with financial planning security for the coming decades.

The units currently generate a net cold rent of approximately €2,100.00 per month, although the unit that hasn’t been renovated yet is still rented at a low rate. Thus, there is also attractive potential for rent increases.

The building has been continuously maintained and is in good condition.

Thanks to the ideal and desirable sizes of the apartments and the advantageous location, this remains an attractive investment property with excellent re-leasing potential. The multi-family house is situated in Rüdesheim am Rhein, in a central location nestled between vineyards and the Rhine, which evokes a vacation-like feeling every day.

Rüdesheim am Rhein is surrounded by splendid natural landscapes and offers a family-friendly, leisure-oriented environment. Due to the good infrastructure and abundant greenery in the immediate vicinity, the location is particularly popular with families. The house enjoys especially good connectivity, providing quick access to Federal Road 42 and the A66 motorway. Public transport is within walking distance.

This top property, ideal for a heightened sense of well-being or as an investment opportunity, is located on Geisenheimerstraße.

Possibility of condominium partitioning: The multi-family residential building can be divided into profitable (self-contained) apartments with an individual co-ownership share in the associated property.