House for sale • 597 m² without real estate, Bavaria

Below is the translation of the text marked by the tag into English:

For sale is a well-maintained multi-family house with a total of 10 units, consisting of 7 residential units, 1 mobile phone shop, and 2 commercial units (Thai massage and IT company).

The building was constructed in 1961 using solid construction with concrete floors and has been comprehensively modernized in recent years.

The property impresses with a reliable and long-term tenant structure, a central location, and numerous ongoing renovation and maintenance measures. Both the basement and the attic are available for joint use by the tenants.

Additionally, 3 garages are rented long-term, generating further income.

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Property Details

• Property Type: Multi-family house with a commercial component

• Year Built: 1961

• Plot Size: approx. 251 m²

• Total Area: 596.2 m², divided into 208.85 m² of commercial space and 387.35 m² of residential space

• Total Number of Units: 10 (7 residential / 3 commercial)

• Garages: 3 (rented)

• Floors: 4 full floors + basement + attic

• Construction: Solid, with concrete floors

• Heating: Gas-powered heaters in each unit

• Energy Certificate: available

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Renovations and Modernizations (Excerpt from Recent Years)

The building as well as the residential units have been regularly modernized and updated to current technical standards.

Key measures at a glance:

• Plastic windows (renewed 1992/1993)

• Facade with insulation coating

• Chimney renovation around 2012

• Roof insulation around 2014

• Renovation of the stairwell around 2014

• Reinforcement of the stairway exit towards Ölstraße, including stone work

• New intercom system with video function

• Sewer inspection and repair in 2019

• Attic renovation 2023/2024

• New fireplace construction in 2024

• Partial renovation of the facade on Ölstraße / Nürnberger Straße

• Ongoing renovations of individual units after tenants vacate

Technical Upgrades:

• Gas pipelines from the basement to the top floor completely renewed

• New electrical riser lines installed from the basement to the top floor

• New meter cabinet installed in the basement

• New main water inlet with a modern filter and shut-off system

These measures ensure a state-of-the-art technical standard and significantly reduce future maintenance needs.

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Rental Arrangements

The property is fully rented.

Current gross annual rent is approximately €85,000 p.a.

Current net annual rent is approximately €70,000 p.a.

The individual rental areas, rental incomes, and tenancy details can be found in the Excel tenant listing.

The combination of residential and commercial spaces results in a stable rental income with attractive yields and additional potential.

The multi-family house is located in the heart of Zirndorf, in immediate proximity to the city center.

Public transportation, shopping opportunities, restaurants, schools, and leisure facilities are in the immediate vicinity.

Both the city center and the main train station can be reached within minutes, making the location very attractive for both residential and commercial tenants.