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

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

Solid construction, fully basemented.

The ground floor is completely barrier-free – from the driveway and entrance area to the terrace, there isn’t a single step.

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

Half of the basement is a lower level (Souterrain) that contains a residential unit.

The ground floor constitutes one apartment.

The upper floor comprises a large apartment and a small apartment.

There is also an apartment in the attic.

The property is a leasehold property of the Reichswaldgenossenschaft.

Lease term until December 31, 2070 – approximately 45 years remaining.

An early extension of the lease by 99 years is possible.

The ground rent amounts to €3,330 per year after sale (€275 per month).

The property is located in Fischerrück, in the western part of town, in a quiet area by the forest.

There is a leisure and recreation area right outside the door.

It takes about 5–10 minutes by car (15–20 minutes on foot) to reach the city center.

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

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

All windows are of more recent manufacture and triple-glazed.

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

The apartments are rented on a fixed basis, including all additional costs, heating, electricity, etc.

All apartments are partly rented to Americans via the American Housing Office.