Investment opportunity in Baden – Three residential units with value appreciation potential

A period apartment building in need of renovation is offered for sale, with three residential units, each occupying its own floor.

The property comprises three apartments: Top 1 in the basement with approx. 73 m² and a garden, Top 2 on the ground floor with approx. 76 m², and Top 3 in the attic with approx. 78 m² and a balcony.

Heating is provided by individual gas heating systems. Building permit notifications from 1993 are on file for the replacement of the windows, electrical installations, and roof.

Zoning and development: building classes I and II, building density 25%, residential building land with a maximum of two residential units, and open or semi-detached construction.

All three apartments are currently rented on fixed-term leases. Top 2 will soon be vacant. According to the current rental agreements, the current annual net income is approx. € 22.640,40, corresponding to a yield of around 5%.

The rent schedule and all other property documents are available on request, and we look forward to hearing from you.