Flat for sale 3+1 • 59 m² without real estateFriedrichstraße 27, , Baden-Württemberg

For sale is a rented ground floor apartment in a representative residential building constructed in 1905 with a listed facade. The property combines historical character with solid technical equipment and represents an attractive investment.

The apartment has a living area of approximately 59 m² and has long been reliably rented to an elderly lady. The monthly cold rent is €625, which corresponds to an annual cold rent of €7,500. The additional costs currently amount to €150 per month.

The building is heated by a gas central heating system from 2018, ensuring a modern heat supply. The apartment includes a spacious basement storage room, which provides additional storage space.

Due to a remaining useful life appraisal, an increased depreciation (AfA) of 3.5% is possible. Combined with the existing rental, this creates an interesting combination of ongoing rental income, tax advantages, and long-term value stability of a listed historic building.

The apartment is ideal for investors seeking a solid, already rented property with development potential.

The property is located in the central area of Gengenbach. The historic old town with its lovingly preserved half-timbered houses is within walking distance and characterizes the attractive living environment.

All facilities for everyday needs are in the immediate vicinity. Shopping opportunities, bakeries, restaurants, a pharmacy, and other service providers are conveniently reachable on foot. This ensures a high quality of living and sustainably supports the apartment’s rentability.

The transport connections are also very good: Gengenbach train station is only a few minutes away and provides connections to regional train services. Several bus lines complement the local infrastructure. Additionally, the nearby federal road provides quick access toward Offenburg and the surrounding region of the Kinzig valley.

The combination of a central downtown location, very good infrastructure, and the special charm of the historic surroundings makes this location attractive and stable in value for both tenants and investors.

The apartment is presented in a well-maintained condition and features a functional and practical layout.

The bathroom was renovated in 2018 and is equipped with a shower. The toilet is located separately, which further enhances living comfort.

The layout includes:

1 living/dining room

1 bedroom

1 kitchen

1 bathroom with shower

separate toilet

The flooring consists predominantly of laminate; in the kitchen and bathroom, easy-to-care-for tiles have been installed.

The windows are made of wood and are equipped with double glazing.

Overall, the apartment offers a solid and well-maintained equipment with good rentability – particularly due to the well-thought-out layout and the modernized bathroom.