| Type | Block of flats |
|---|---|
| Living area approx. | 303 m² |
| Bedrooms | 8 |
| Rooms | 11 |
|---|---|
| Bathrooms | 3 |
| Plot area | 3898 m² |
|---|---|
| Usable floor area | 303 m² |
| Purchase price | 149.000 € |
|---|---|
| Price per m² | 492.22 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072090
This residential building, built in 1954 and in need of renovation, offers an interesting opportunity for investors, developers or buyers with practical skills who recognise and wish to realise the potential of an existing property with a large plot.
Important: The property is located in the immediate vicinity of railway tracks.
The property is situated on a spacious plot of approx. 3,898 m², offering a wide range of possible uses. In addition to the residential building, the property includes a former barn, which is currently in a state of serious disrepair. Part of the barn roof has collapsed, making extensive repair work necessary.
The residential building currently comprises three separate units. Two of the units are currently rented and together generate an annual net cold rent of €7,080. The first apartment offers approx. 106.43 m² of living space, the second approx. 101.48 m²; each has four rooms, a kitchen and a bathroom. The third unit, which is currently vacant, extends over two levels and also offers spacious accommodation, with approx. 94.80 m² of living space and three rooms. It gives the future owner the option of living in the property or renting it out in the future.
Overall, the property is in a condition that requires extensive renovation and repair work.
Prospective buyers should budget for the necessary investment to upgrade the building’s technical systems and appearance and bring it in line with today’s residential standards. The existing tenancies also require careful review and restructuring. In the course of managing the property, not all administrative matters were consistently addressed in the past, so taking it over comes with corresponding organisational and development potential.
There is ample parking on the plot for residents.
To protect the residents’ privacy, the published interior photos have been digitally retouched and tidied up.
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348.000 € NEW-BUILD SEMI-DETACHED HOUSE - CASH FLOW FROM DAY 149457 Drebber
348.000 € NEW-BUILD SEMI-DETACHED HOUSE - CASH FLOW FROM DAY 149457 Drebber
620.000 € Attractive multi-family house with 6 residential units in a quiet location49457 Drebber– Bahnhof Drebber
