| Type | Block of flats |
|---|---|
| Living area approx. | 320 m² |
| Bedrooms | 8 |
| Rooms | 13 |
|---|---|
| Bathrooms | 5 |
| Plot area | 616 m² |
|---|---|
| Usable floor area | 50 m² |
| Purchase price | 398.000 € |
|---|---|
| Price per m² | 1,243.75 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsInvestment with Potential: Well-Maintained Multi-Family House in an Attractive Location in Rehlingen-Siersburg
This well-maintained multi-family house is located in a well-connected area of Rehlingen-Siersburg, a sought-after municipality in the Saarlouis district.
The original house was built in 1934 on a 716 m² plot. In 1996, it was renovated and converted, and the new house was added with 3 additional apartments. The two houses have a total living area of 360m².
Apartment layout:
Older building: 1 apartment of approx. 130m² – 4 rooms, kitchen, bathroom, guest WC, hallway spread over the ground, upper and attic floors.
New building: 3 apartments
Ground floor: approx. 67 m² – 3 rooms, balcony, open-plan kitchen, bathroom, guest WC, hallway
Upper floor: approx. 67 m² – 3 rooms, balcony, open-plan kitchen, bathroom, guest WC, hallway,
Attic floor; approx. 60m² - 3 rooms, kitchen, bathroom, guest WC, hallway
The house additionally has approx. 50 m² of usable floor space in the basement
Investment advantage:
Three apartments are reliably rented.
The apartment on the ground floor of the new building has just become vacant and can be re-let or occupied by the owner. However, it requires complete renovation. Current annual rental income amounted to €24,300, although a higher rent can be achieved according to the rent index – significant potential for investors to increase returns!
The building and the residential units are in well-maintained condition. The solid structure and good rental prospects make this property an attractive investment opportunity. Only the apartment to be re-let on the 1st upper floor needs renovation.
Conclusion:
An interesting multi-family house with development potential – ideal for investors focused on long-term value retention and solid rental income.
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