House for sale • 324 m² without real estateStuttgart Rot Rot Baden-Württemberg 70437

Central and quiet residential and commercial building with excellent transport connections in 70437 Stuttgart

(Zuffenhausen – Rot) – in immediate vicinity to Hans-Scharoun-Platz (prime location).

This property is a multi-family house built in 1955 featuring 6 residential units and 1 commercial unit.

Each apartment has a gas-fired tiled stove.

In addition, the property includes seven car parking spaces and three garages; the garages are currently used by the commercial unit as storage.

In the basement there is a shared laundry room, a drying room, two hobby rooms, and storage rooms.

All units are well rented.

The property is centrally located yet quiet. There are good shopping opportunities within walking distance, and public transportation is available.

This is an excellent investment opportunity. Total annual rental income is approximately €65,000, which could easily be increased to around €100,000 without any additional investment.

Alternatively, a renovation with an expansion of the living area is possible, as the building can be raised by one or two floors, or it can be demolished and rebuilt. In the immediate area, several new or large-scale projects have already been completed or are under development.

• Living area approx. 324 m²

• Usable area approx. 230 m²

• Plot area approx. 938 m²

• Heating type: Gas heating

• Parking spaces and garage

• Laundry/drying room

• Commercial space

6 apartments and 1 commercial space (a successful wine shop)

Basement: fully subterranean, with storage rooms, laundry room, and equipment room

Ground floor: 2.5-room apartment approx. 53 m²

Ground floor: 3-room apartment approx. 68 m²

Ground floor: 1-room apartment approx. 23 m²

Upper floor: 4-room apartment approx. 90 m²

Upper floor: 2-room apartment approx. 41 m²

Upper floor: 2-room apartment approx. 49 m²

The rear building is a commercial space of approx. 230 m², and the garage building with 3 garages is used as storage.

There are 2 U-Bahn stops in the immediate vicinity.

3 km to Porsche

3.5 km to Bosch

8 km to Mercedes-Benz

4 km to Mahle

Further details can be provided during an on-site visit.

Please, no inquiries from brokers unless there is a direct interested party.

The state capital Stuttgart has many facets – it is home to global companies such as Daimler, Porsche, and Bosch.

That Stuttgart is a former royal residence can be seen, among other things, in many buildings such as the Old and New Palaces, the Königsbau, and castles in the surrounding area. For example, the castles Ludwigsburg, Monrepos, and Solitude.

Moreover, the university and the Stuttgart colleges enjoy an excellent reputation both nationally and internationally.

The cultural offering is equally extensive and of high quality. In 2012, the Stuttgart State Opera was once again voted the best opera house in Germany.

The Staatsgalerie Stuttgart, directly opposite the State Opera, exhibits world-renowned works, for example by Monet, Renoir, and Picasso.

Rot is a district on the northern edge of the state capital of Baden-Württemberg, Stuttgart. It belongs to the Zuffenhausen district, covers an area of 155.8 hectares, and is situated between Zuffenhausen, Freiberg, and Zazenhausen.

In the field of education, Rot has an elementary and secondary school with a vocational secondary school, a secondary school, the Ferdinand-Porsche-Gymnasium, and a school for children with visual impairments. In addition, there are numerous kindergartens and daycare centers.

For daily needs there are supermarkets, bakeries, butchers, a flower shop, an optician, a kiosk, a beverage market, a jeweler, restaurants, and fast food outlets.

In the service sector, there are doctors, pharmacies, hairdressers, insurance companies, craftsmen, driving schools, and banks. With the Bürgerhaus, opened in 2007, an event space is available. From September 2014 there will also be a weekly market on the new Hans-Scharoun-Platz.

Source: Wikipedia

Each apartment has a gas-fired tiled stove; some renovation and refurbishment work is required. 2 apartments have been completely renovated/refurbished.