+Investment Opportunity+ Apartment building with 6 residential units, 3 parking spaces, and 2 garages

Description

A well-maintained 6-unit apartment building, built in 1961, is for sale. It stands out for its beautiful location in Gerlingen and its practically laid-out apartments.
The property includes three outdoor parking spaces in front of the building, as well as two single-car garages inside the building.

The building is currently laid out as follows (see also the tenant list):

• Ground floor, right: approx. 80 sqm, 3 rooms, kitchen, bathroom, balcony, plus 2 hobby rooms suitable for living on the lower ground floor, approx. 24 sqm.
• Ground floor, right: approx. 80 sqm, 3 rooms, kitchen, bathroom, balcony
• 1st floor, right: approx. 80 sqm, 3 rooms, kitchen, bathroom, balcony
• 1st floor, left: approx. 80 sqm, 3 rooms, kitchen, bathroom, balcony
• Top floor, right: approx. 35 square meters, 2 rooms, kitchen, bathroom
• Top floor, left: approx. 35 square meters, 2 rooms, kitchen, bathroom

Full basement with various dry storage rooms, as well as a laundry room.

Equipment

The building is generally in good condition.
The two attic apartments were renovated between 2020 and 2023 and are in very good
condition; the first-floor apartments are well-maintained but show their age.
The ground-floor unit on the left has also been renovated, while the ground-floor unit on the right is in above-average condition.
The full-floor apartments all feature three practical rooms, a kitchen with built-in cabinets, a balcony, and naturally lit bathrooms with a sink and a bathtub. In addition, each of these units has a separate guest restroom.
The attic apartments feature two rooms, an open kitchenette, and a natural-light bathroom with a sink, bathtub, and toilet.

All units are rented to pleasant and quiet tenants.
The tenants on the main floors are paying below the market average, particularly for longer-term leases (see tenant list), and offer potential for rent increases. The two attic apartments were recently re-leased and their rents have already been adjusted.
The basement contains two hobby rooms that belong to the ground-floor apartment on the right and are included in the lease, as well as individual storage lockers for the respective tenants, a laundry room, and a boiler room.