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

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

Solid construction, fully basements.

The ground floor is completely barrier-free – from the driveway entrance to the entrance area and 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 semi-basement and contains a residential unit.

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 site of the Reichswald Cooperative with a lease term until December 31, 2070 – which is about 45 years.

An early contract extension for another 99 years is possible.

The leasehold fee after sale amounts to €3,330 per year (approximately €275 per month).

You can find the property at Fischerrück, in the western part of the town. It is in a quiet location by the forest with a leisure and recreation area right at the doorstep.

It takes about 5-10 minutes by car to the city center, or 15-20 minutes on foot.

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

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

All windows are relatively new and triple-glazed.

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Warm rental income amounts to €37,980 per year (excluding the ground floor).

The apartments are rented out at a fixed rate including all additional costs, heating, electricity, etc.

Some apartments are rented to Americans partly through the American Housing Office.