| Type | Block of flats |
|---|---|
| Living area approx. | 130 m² |
| Year built | 1905 |
| Rooms | 4 |
|---|---|
| Bathrooms | 2 |
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 824 m² |
|---|---|
| Parking spaces | 4 |
| Condition | Needs renovation |
| Type of parking | Outdoor parking space |
| Purchase price | 230.000 € |
|---|---|
| Price per m² | 1,769.23 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsIncome-generating property in Bad Hersfeld city center: Rented house (130 m²) with potential for appreciation
For sale is a charming single-family home built in 1905, located directly in the city center of Bad Hersfeld.
With a living area of approx. 130 m² and an associated plot, this property offers a solid foundation for capital investors, tradespeople, or local investors.
The property is conveniently located directly on the B324. This guarantees excellent visibility and quick access to all economic hubs of the festival city.
The house is continuously rented and generates reliable net cold rent of 9576 euros per year. The property requires age-related renovation, but precisely this offers significant development potential for increasing rental income and value. A major advantage for the future owner: A modern gas condensing central heating system has already been installed and is fully functional, significantly minimizing the investment risk in the area of energy-efficiency renovation.
The key figures for investors
- Purchase price: 230,000 euros
- Current rental income: 9576 euros p.a. (net cold rent)
- Gross yield: approx. 4.16%
- Purchase price factor: 24x
- Price per square meter: approx. 1,769 euros / m²
- Current rent: approx. 6.14 euros / m² (offers significant adjustment potential after renovation)
Features & condition
- Year built: 1905
- Living area: approx. 130 m²
- Heating: Modern gas condensing central heating system
- Condition: In need of renovation / property for refurbishment with good substance
- Rental status: Fully rented
The property also includes a garage and three car parking spaces, generating annual rental income of 600,-EUR to 720,-EUR for the garage and approx. 540,-EUR to 720,-EUR for the parking spaces.
Location
The property is located directly in the city center of Bad Hersfeld (postal code 36251).
Due to its direct location on the B324, tenants or future users benefit from optimal transport connections.
Daily necessities, schools, doctors, and the railway station can be reached within a few minutes.
The economically strong region (Central Germany logistics hub) ensures sustained demand for housing.
The sale is private.
No estate agent commission applies.
An energy certificate will be presented during the viewing.
Please understand that viewing appointments, due to the existing tenancy, can only be arranged by prior agreement and in the case of serious interest can take place.
The property description was prepared based on information provided by the seller. The advertising agency has not verified this information and therefore cannot assume any liability for its accuracy.
The property is being sold privately without commission.
For further information and viewing appointments, contact the owner directly at Tel. no.: 0173-7478100 or by e-mail: werner_riemenschneider(at)web.de
or our office service at: Tel.: 06625-1820
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Property location: Hombergerstr. 67, 36251 Bad Hersfeld
The festival and spa town of Bad Hersfeld is the district capital of the Hersfeld-Rotenburg district in northeastern Hesse. The Vogelsberg region lies to the southwest, the Knüll Mountains to the northwest and the Seulingswald to the northeast. The nearest larger cities are Kassel, 52 km north, Gießen, 79 km southwest, Fulda, 36 km south and Eisenach, 45 km east of Bad Hersfeld.
230.000 € Bad Hersfeld, 2-family house36251 Bad Hersfeld– Bad Hersfeld
230.000 € Bad Hersfeld, 2-family house36251 Bad Hersfeld
