Fully Let Three-Family House
67657 Kaiserslautern
Price
€359,000
Location
Kaiserslautern
m2
floor
3
Room
About the object
Fully Let Three-Family House in Kaiserslautern – €359,000 | €21,000 Annual Net Rental Income
For sale is a well-maintained and fully let three-family house in a central residential location of Kaiserslautern. The property, originally built around 1910, has been responsibly managed for many years and regularly modernized.
With a total living area of approx. 225 m² (including balconies), distributed across three self-contained residential units, the property offers a solid foundation for a sustainable capital investment. The current annual net cold rent amounts to approximately €21,000. All units are rented to a stable and established tenant structure.
- Purchase price: €359,000
- Freehold property (approx. 227 m² plot) – no ground lease
- Each unit with its own gas heating system (renewed in 2015 / 2025)
- Separate metering for electricity & water consumption
- Balconies for all apartments
- Shared garden area
building information
Modernizations at a glance:
- 2002 refurbishment of ground floor & first floor
- 2015 refurbishment of top floor + roof modernization
- 2025 new gas heating system & new bathroom (ground floor)
- Electrical, gas, water & sewage lines modernized
Development Potential:
Utility lines have already been extended to the attic level. Subject to official approval, there is potential to create an additional residential unit in the roof area.
Location:
Central residential area in Kaiserslautern with excellent infrastructure. Shopping facilities, schools, medical services, and public transportation are within short distance. The stable housing demand makes this location particularly attractive for long-term investors.
Conclusion:
Solid, fully let investment property with development potential on freehold land – ideal for investors with a long-term strategy.
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