House for sale • 316 m² without real estateKaiserslautern Kaiserslautern Rheinland-Pfalz 67659

Multi-family house with 5 apartments, garden, and a large garage

Solid construction, fully basement.

The ground floor is completely barrier-free – from the driveway and entrance area to the terrace without any step.

The upper floor can be easily converted into one large apartment with the same layout as the ground floor.

Half of the basement is a semi-basement and contains an apartment.

The ground floor is one apartment.

The upper floor has a large and a small apartment.

There is also an apartment in the attic.

The property is a leasehold plot of the Reichswald Cooperative.

The lease term runs until December 31, 2070 – that’s roughly 45 years.

An early contract extension of 99 years is possible.

After sale, the leasehold fee amounts to €3,330 per year, – €275 per month.

You will find the property on Fischerrück, in the western part of the city. It is in a quiet location near the forest, with leisure and recreational areas right at your doorstep.

It is about 5–10 minutes by car and 15–20 minutes on foot to the city center.

A bus line runs continuously, and the stop is about 3 minutes away.

All apartments are fully furnished and mostly renovated. All apartments are well rented to Americans.

All windows are of recent construction and triple glazed.

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Rental income – warm: €37,980.00 per annum (excluding the ground floor)

Apartments are rented on a FIX basis including all additional costs such as heating, electricity, etc.

All apartments are partly rented to Americans, in some cases through the American Housing Office.