| Type | Block of flats |
|---|---|
| Living area approx. | 194 m² |
| Bedrooms | 4 |
| Rooms | 8 |
|---|---|
| Bathrooms | 3 |
| Plot area | 300 m² |
|---|
| Purchase price | 399.000 € |
|---|---|
| Price per m² | 2,056.70 €/m² |
| Commission | 3.57 |
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For sale is a well-maintained multi-family house in a quiet residential area of St. Ingbert / Rohrbach. The property underwent extensive gut renovation in 2015 and is presented in very good condition.
The property also includes a building plot located behind the building.
The property comprises a total of three residential units and is ideally suited as an investment property with stable development potential.
This property is ideally suited for buyers looking for a solid investment with development potential.
By re-letting the vacant apartments, the return can be optimized in a targeted manner and within a short period of time.
Property highlights:
Gut renovation in 2015
3 residential units
1 apartment rented on a long-term and reliable basis
2 additional apartments currently rented to tradespeople
Good rental demand in the region. Rental income: between €40,000.00–€46,000.00 possible. With potential for increase.
Solid construction and very well-maintained overall condition
Property description:
The multi-family house comprises three separate residential units distributed over several floors. One unit is currently permanently rented and already generates ongoing income. The two other apartments offer additional rental potential and allow the buyer flexible use – either for letting or owner-occupation.
The extensive gut renovation in 2015 included the renewal of major trades such as electrical systems, plumbing, the roof, windows and interior finishing, meaning there is currently no backlog of investment required.
Location description:
The property is located in St. Ingbert / Rohrbach, a sought-after residential area with good infrastructure. Shopping facilities, schools, doctors and public transport can be reached within a short time. Connections to the surrounding cities are also very good.
Other / potential:
The property offers an attractive opportunity to increase returns by letting the units that are currently vacant. Multi-family houses are considered stable investments, as several residential units spread the risk and enable continuous income.
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