House for sale • 335 m² without real estateKarl-Otto-Braun-Str. 32 Ludwigshafen Oppau Oppau Rheinland-Pfalz 67069

We are parting ways after more than ten years with this beautiful, charming old building from 1955. Only recently, we had the roof renewed with five dormer windows and thermal insulation, as well as the facade. Several renovations have been carried out on the interior. The building contains three self-contained apartments. On both the ground floor and the first floor, there are 130 m² of living space each with a large balcony. In the attic, there is an apartment of approximately 75 m² featuring the five dormer windows and a new gas-fired apartment heating system. All apartments are excellently rented out and yield a net annual rent of €32,000—which corresponds to about a 4% return based on the purchase price of €800,000. On the 450 m² plot there are two garages, as well as parking spaces in front. The garden surrounds the property and is maintained by the tenant of the ground-floor apartment. We are happy to speak with genuine interested parties who are not inclined to haggle about the price from the outset. The house is very interesting for investors, but also for owner-occupiers. Inquiries from brokers are pointless.

The property is located on Ostring at the corner of Karl-Otto-Braun-Str. 32. Parks for relaxation are situated directly opposite. The center of Oppau is just a five-minute walk away. The balconies face southwest.

The fittings are of high quality but not overly extravagant. All the windows are made of plastic with insulated glass. The heating for the larger apartments is oil-based, with a Buderus burner in the hallway that supplies heat to three tiled stoves each—a very pleasant and economical heating system. One might consider a heat pump once our government finally reaches a conclusive stance on the matter.

We are private owners of this house and we only rent it out privately.