House for sale • 390 m² without real estate, Rhineland-Palatinate

The multi-family house was completely renovated in 2019 and was finished in 2024. The property is currently rented to the city with monthly rental income amounting to €8,000. This is the net cold rent; the heating costs are represented through electricity, which the city pays for itself. The only additional expense at present is the building insurance.

The lease has been in effect from June 1, 2024, until May 31, 2028. A renewal option for both parties is stipulated in the contract, but it cannot be guaranteed. The multi-family house has received all the necessary approvals regarding structural integrity, fire protection, electrical systems, emergency routes, etc., and has been officially approved by the building authority via a completion notice.

Regarding technical equipment: the property features a completely new electrical system, four new bathrooms, four kitchens, 19 bedrooms – each equipped with its own heating and air conditioning unit – triple glazing, newly plastered surfaces, and an energy certificate with an A+++ rating.

The sale is being made for private and personal reasons. However, having been self-employed in the real estate sector for years, I kindly ask that broker inquiries be refrained from, and therefore, broker inquiries will not be answered.