| Type | Semi-detached house |
|---|---|
| Living area approx. | 604 m² |
| Rooms | 27 |
|---|
| Plot area | 1690 m² |
|---|
| Purchase price | 340.500 € |
|---|---|
| Price per m² | 563.74 €/m² |
| Commission | 0 |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThe semi-detached multi-family house with a total living area of approx. 604 m² was built in solid construction in 1989 and is fully basemented. The property offers an attractive combination of already generated rental income and further development potential. In total, there are 10 apartments, each with one parking space, available.
One half of the house is currently unoccupied, gutted, and prepared for further expansion. The cellar windows and the entrance door have already been replaced, as have the necessary core drillings for sanitary and electrical installations. This provides a solid basis for prompt completion and subsequent rental.
In the second half of the house, three residential units were renovated in the period from 2022 to 2024. The measures included replacing the flooring, refurbishing the sanitary areas, renovating ceilings and walls, replacing the interior doors, and overhauling the electrical system. In addition, the outdoor mailbox installation and the front door system were renewed.
A new heating system was installed in House A in summer 2026. It can also supply House B in terms of capacity. Only House B would still need to be connected.
Currently, three residential units are rented out. The actual monthly net cold rent amounts to 1,035 euros (approx. 5.50 €/m²) plus 60 euros parking rent.
After completion of the repair work, two residential units with a total living area of approx. 120 m² will be available for re-letting. The material for completing one apartment is already on site. A market-appropriate net cold rent of approx. 5.80 €/m² plus 30 euros per parking space is assumed here.
For the half of the house currently being prepared (House B), after completion a monthly net cold rent of around 1,750 euros plus approx. 150 euros parking rent is to be expected.
Overall, this results in attractive rental increase potential through completion and full letting of the currently unused areas. The property is particularly suitable for investors who value a combination of ongoing income and existing stock with development potential. Ideally, both properties are sold as a package. Individual sale possible; the purchase prices are divided as follows: House A 185,000 euros, House B 175,000 euros.
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