SOLD! Investment! Rented cozy 1-room apartment – central location in Alt-Saarbrücken

This apartment in this house is sold directly by the owner, there are no brokerage fees for the buyer.

If you are interested, please contact the seller directly by email with your phone number:
alexandra.moser10@yahoo.de
You will then be contacted directly by telephone by the seller.

At Deutschherrnstr. 37-39 you will find a well-maintained apartment building divided into 11 condominiums on 4 floors plus 2 commercial units on the ground floor.

The spacious 1-room apartment for sale here has been rented to a single person since September 2022 and has not been terminated.

The monthly rental income has since been €275. The tenant's advance payment for additional costs is €139.

The monthly maintenance fee including the allocation to reserves, which the owner pays monthly, is €243 according to the 2024 business plan, of which approx. €143 can be passed on to the tenant, the allocation to the reserve formation of approx. €26 is included and approx. €74 are the non-allocable costs.

The co-ownership share of this apartment is 41.6/1000.

The land value for this location is currently € 230,-/m².

The reserves as of December 31, 2022 are shown in the 2022 maintenance fee statement as minus € 53,153.47. The negative amount is due to the fact that the owners' association took out a loan in 2019 to replace the roof of the house.
According to the 2024 business plan, the annual reserve contribution of all owners is € 7,500.

You enter the apartment on the 3rd floor (without elevator) into a comfortable hallway area.

The floor of the apartment is tiled in white and beige for easy care, and the walls are wallpapered in different colours.

The spacious living/bedroom is easy to furnish and has enough space to combine living and sleeping. Even the desk can be easily integrated.

Another advantage is that the kitchen is separate from the bedroom in a separate room, with enough space for a complete fitted kitchen including a washing machine connection. The kitchen shown in the photos is part of the rental property.

The interior bathroom was modernized in 2022 with shower, toilet and sink.

In the basement of the house there are the classic wooden sheds, one of which is assigned to this apartment.

Deutschherrnstrasse in the popular Alt Saarbrücken district is a central residential area that offers all the necessary infrastructure and short distances, both to shops for daily needs and to a wide range of restaurants, all within easy walking distance, practically on your doorstep.

The direct proximity to the HTW campus (5 minutes' walk) and the proximity to Heuduckstraße, a public transport hub; from where you can get anywhere very quickly; even to the university campus are further advantages of this central location.

The personal impression on site - conveys more than 1000 words in the exposé, the seller looks forward to hearing from you via email at alexandra.moser10@yahoo.de to arrange your individual viewing appointment. It is essential that you provide your telephone number.

Note 1: All information in this exposé comes from third parties (owner, administrator, architect, ...) for which we cannot accept any guarantee or liability. Errors and prior sale remain reserved.

Note 2: Please excuse the suboptimal quality of the photos, which we had to adopt as they are.