24 Rooms 435 m² Apartment house in Stuttgart for sale. Furnishing: Balcony, Built-in kitchen, Laminate flooring, etc.
This property has already been successfully brokered.
A well-kept 8-party house is for sale, which impresses with its beautiful location in S-Heslach, the impressive clinker facade (listed building), practically divided apartments and expansion potential.
There are green areas in front of and behind the building, which are available for general use by the tenants. There is also a covered bicycle parking space.
The house is currently divided as follows (see also tenant list):
Attic unfinished. After examination, conversion into a maisonette apartment would be recommended.
Full basement with various dry cellar rooms and a laundry room.
The building is generally in a very well-kept and constantly modernized condition.
The apartments are all let to pleasant and quiet tenants.
The tenants are (see tenant list) well below the market average and offer potential for increases. The last rent increases were carried out in 2019.
In general, an immediate increase of 15 % can be assumed, taking into account the rent cap, which would increase the rental income to EUR 61,617 p.a.
Some of the bathrooms, windows and gas boilers have been renovated in recent years.
Only one top-floor apartment still has individual gas stoves.
The full-floor apartments all have a main balcony and a kitchen balcony, as well as very high ceilings, some with stucco elements.
The building is a listed building together with the surrounding buildings as part of an urban settlement. It was built around 1902 according to designs by the prominent Stuttgart architect Karl Hengerer.
Südheim is the first Stuttgart suburban housing estate with the character of apartment buildings.
Characteristics: Front gardens, light and airy courtyards, loggias, varied architecture in the historicist style of the turn of the century, in detail also with elements of Art Nouveau, picturesque asymmetrical design, unrendered brick buildings, each house individually structured by corner towers, bay windows, balconies, loggias, small roof houses, dwarf gables, etc.
The largely original settlement thus represents a prime example of the building type.
The property is located in Stuttgart-Süd, a centrally located and well-connected district of the state capital. Böblinger Strasse runs through a lively area with a mixture of residential buildings, commercial enterprises and local service providers.
The public transport connections are excellent: The "Südheimer Platz" subway station (U1, U14) is in the immediate vicinity and provides a quick connection to the city center and other parts of the city. Bus routes are also easily accessible, ensuring a high level of mobility.
There are numerous shopping facilities, restaurants and cafés as well as various leisure activities in the surrounding area. The transport links are also advantageous - both the B14 and the B27 can be reached quickly and provide access to the regional road network.
Note: Some of the texts on this page have been translated automatically. The German version of these texts is binding.