Property description:
Multi-family house, built around 1952, leasehold exists, 3 units, 2 floors, attic converted, living area: 129m², basement/full basement, garage available, significant maintenance backlog, in need of modernization and general renovation.

Thoughts on price:
The property is located in a desirable area in Heidelberg with potential for rental income from multiple units. However, the significant maintenance and renovation needs should be taken into consideration when evaluating the asking price of 390,000€. With the right investment and improvements, this property could potentially increase in value over time.

Objektbeschreibung                          Mehrfamilienhaus, Baujahr: ca. 1952, Erbbaurecht liegt vor, 3 Einheiten, 2  Etage(n), Dachgeschoß ausgebaut, Wohnfläche: 129m², Keller/vollunterkellert, Garage vorhanden, erheblicher Instandhaltungsstau, Modernisierungs- und allgemeiner Renovierungsbedarf

House for rent in Heidelberg, Germany

Property description:
This multi-family house, built around 1952, is situated in Heidelberg. The property consists of 3 units spread over 2 floors, with an additional converted attic space, totaling a living area of 129m². The property is fully basemented and includes a garage. However, there is a significant backlog of maintenance and the property is in need of modernization and general renovation.

Thoughts on price:
The price of 390,000€ may seem high initially, but considering the location in Heidelberg and the potential for rental income from the multiple units, this property could be a worthwhile investment for someone willing to invest in the necessary renovations. Given the demand for housing in Heidelberg, this property has the potential to increase in value over time.

House for rent in Heidelberg, Germany

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House for rent in Heidelberg, Germany

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