Well-Maintained Apartment Building
66851 Queidersbach
Price
399.000 €
Location
Queidersbach
m2
351
floor
4
Room
About the object
This well-maintained and sustainably rented multi-family house with four residential units is offered for sale in Queidersbach. The property is ideally suited for capital investors and impresses with stable rental income, a solid structural condition, and extensive modernization measures carried out over the years.
The building was originally constructed in 1968 and further developed in 1984 and 2013. The total living space amounts to approximately 350 m², distributed across four self-contained apartments, situated on a plot of approx. 625 m².
The property is fully rented with long-term, traditional lease agreements only (no U.S. leasing, no student or short-term rentals). This ensures reliable and predictable rental income. The annual net cold rent is approximately €37,500, resulting in an attractive gross yield of approx. 9.4%.
According to the owners, the building has been continuously maintained and is in a solid and reliable overall condition.
building information
Apartment Layout:
Apartment 1 – approx. 105 m²
Entrance area, hallway, bathroom, living/dining room, two bedrooms, kitchen, conservatory
Apartment 2 – approx. 73 m²
Hallway, bathroom, living/dining room, two bedrooms, kitchen
Apartment 3 – approx. 115 m²
Hallway, bathroom, two bedrooms, anteroom, kitchen, large conservatory, balcony
Apartment 4 – approx. 58 m²
Hallway, bathroom, kitchen, living/dining room, bedroom
Features & Condition:
- Well-maintained apartment building with 4 units
- Gas heating system, completely renewed in 2020
- Roof: new tiles and insulation (2006)
- Facade: renewed plaster and paint (2006)
- Windows: fully replaced (1984)
- Bathrooms: renewed 1984, partially modernized 2013
- Flooring: renewed 2013
- Electrical system: fully renewed 1984, approx. 70% updated 2013
- Water pipes: fully renewed 1984, approx. 60% updated 2013
- Heating pipes: fully renewed 1984, approx. 20% updated 2013
Additional Features:
- Double carport
- Garage with large basement room
- Separate basement storage units for each apartment
- Shared laundry room with individual connections
- Fenced garden
Highlights:
- Apartment building with 4 residential units
- Approx. 350 m² total living space
- Plot size approx. 625 m²
- Fully rented
- Sustainable, long-term rental structure
- Annual net rent approx. €37,500
- Gross yield approx. 9.4%
- Extensive modernization completed
- Gas heating system from 2020
- Parking facilities and basement storage
- Ideal investment property
Economic Overview:
- Annual net rent: approx. €37,500
- Gross yield: approx. 9.4%
Brokerage Fee:
A brokerage commission of 3.57% incl. statutory VAT of the purchase price is payable.
Notes:
All information provided in this exposé is based on details supplied by the owner. No liability is assumed for the accuracy or completeness of the information. Subject to errors and prior sale.
Location:
Queidersbach is a popular local community in the Kaiserslautern district, offering good infrastructure and connectivity. Shopping facilities, schools, kindergartens, and medical services are available locally and in the surrounding area. The proximity to Kaiserslautern makes this location particularly attractive for long-term rental demand.
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