In excellent condition! Fully leased residential and commercial building with underground parking, providing over 5.5% return on investment

For sale is a well-maintained residential and commercial building with high investment potential, located in a central, well-connected location in Schwalmtal. Built in 1992, the property is in good condition and fully leased, ensuring a stable income. The total rentable area is approximately 1,916 m², of which over 1,374 m² is residential and approximately 543 m² is commercial. The building sits on a 1,728 m² plot and consists of three floors, serviced by an elevator, enhancing comfort and access for all tenants. An underground garage with 25 parking spaces is located on the premises, providing additional value for residents and tenants.

The building comprises 22 residential units (including 10 subsidized from public funds) and two commercial spaces, creating a diverse tenant mix. Regular renovations and modernizations ensure the building remains attractive and ready for continued use without the need for immediate capital expenditure. Important information for investors is that existing lease agreements and rent restrictions may be subject to change in the future, providing the potential for increased income from the property.

The excellent location provides quick access to public transport (bus stops within walking distance), local services, schools, and shops, as well as convenient access to major roads and motorways. The property is heated by gas central heating, and the standard of finish and installations are typical of this type of property in the region.