House for sale • 300 m² without real estate, Rhineland-Palatinate

Here is the English translation of the text:

The property in question is a continuously modernized, two-storey multi-family house. The house was built around 1950. All rental units are solidly tenanted, and in recent years a good and stable residential community has developed.

The individual apartments are heated using gas combi heaters—which were upgraded to H2-ready systems last June. The gas supplier bills the tenant directly. The apartments also feature infrared heating, as this is the most cost-effective option for the tenants.

In the basement, separate rooms are available for the apartments. In addition, there is a drying room and a laundry room for the tenants.

In front of the house there are a total of six parking spaces for cars.

To the left of the house there is a meadow. This space offers potential for new technologies in energy storage and generation.

All information has been provided to the best of our knowledge. The square meter figures are approximate values inherited from the previous owner. The house has not been re-measured. The property is sold as seen.

Please refrain from ringing the tenants’ doorbells or otherwise entering the property without us being present.

Contact from brokers is not desired!

The property is located in Weinort Wallhausen in the Bad Kreuznach district. This year, a discount store has opened within walking distance. In addition, there is excellent infrastructure: bakeries, butcher, pharmacy, kebab shop, supermarket, an integrated secondary school plus (GRS+), daycare center, outdoor swimming pool, and banks are all located in the town. Medical services are also well provided: general practitioners, dentists, alternative practitioners, physiotherapists, veterinarians, etc. Within walking distance of the property, there is also a winery with a bar that invites you to linger. More information is available here:

https://www.wallhausen.de/tourismus/ortsrundgang.html

In nearby Hargesheim, there is a medical center, a fitness studio, REWE, DM, and a gas station. Bad Kreuznach can be reached in about 10 minutes by car. There is a bus line, and numerous hiking trails around Wallhausen invite you to explore.

The well-maintained two-storey multi-family house is divided as follows:

• Two three-room apartments on the ground floor and upper floor, each approximately 57 m²

• Two two-room apartments on the ground floor and upper floor, each approximately 40 m²

• Two apartments with approximately 18 m² each

• Two attic apartments with approximately 35 m² according to DIN standards (the actual floor area is larger and can be used very effectively)

Due to the size, attractive rental rates, and location, the apartments are very easy to rent out.

The rooms are all very well designed, and even the sloping ceilings begin high enough to provide plenty of storage space and to even accommodate a bed underneath.

Sustainability was taken into account when selecting the materials, ensuring that the “breathability” of the house is maintained. The floorboards are treated with oil, making them extremely durable, low-maintenance, and easy to rework.

The house features a small garden that the tenants enjoy using. There is also an additional drying area for laundry. The walkway and drying area were newly installed at the end of 2022.

This year, high-quality bin enclosures and a bicycle shelter were installed.

Furthermore, the house has a separate laundry room, a drying room, and a heating cellar.

In recent years, the apartments’ bathrooms have been renewed or modernized, the wood flooring has been refurbished, and new, heavy main doors have been installed. The stairwell has been renovated, a new external basement door has been installed, the main water line before the filter has been renewed, and the riser pipes have also been replaced where accessible. The facade was redone a few years ago.

Six new, high-quality, and more efficient gas boilers were installed in June 2023, which are H2-ready. The grounds around the house are ample enough to accommodate energy storage systems.

The current rental income, including parking space, amounts to approximately 30,650 Euros.

The energy certificate was issued before the installation of the new, more efficient gas boilers. Replacing the windows could further improve the energy values.