| Type | Block of flats |
|---|---|
| Living area approx. | 595 m² |
| Rooms | 22 |
|---|
| Plot area | 2783 m² |
|---|
| Purchase price | 589.000 € |
|---|---|
| Price per m² | 989.92 €/m² |
| Commission | 4,76% |
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 assumptionsAttractive multifamily house (former school, 1905) – fully rented, large plot area and expansion reserve
Property description:
This very well-maintained multifamily house was built in 1905 in red clinker brick as a school and has been continuously renovated and refurbished. The property is in solid overall condition and is particularly suitable as a high-yield investment.
Apartment layout (existing):
- Ground floor: Apartment I – 130 m²
- Ground floor: Apartment IV – 72 m²
- Ground floor: Apartment V – 72 m²
- 1st floor: Apartment II – 109 m²
- 1st floor: Apartment III – 110 m²
- 2nd floor: Apartment VI – 102 m²
- 2nd floor: 3/4-finished expansion reserve – approx. 100–110 m² (expandable)
Total living area (6 units): approx. 595 m²
Plot and outdoor facilities:
- Plot area: 2,783 m²
- 5 garages
- Approx. 20 additional parking spaces
- Tree conservation area on the property, currently used for Christmas tree cultivation
Rental and occupancy status:
All six apartments as well as all garages are permanently rented – stable rental relationships ensure ongoing income. The partly finished expansion reserve in the attic additionally offers potential to increase rental income after completion.
Special features and potential:
- Historic clinker brick façade with a well-maintained appearance
- Continuously modernized and renovated building fabric
- Large plot with additional parking spaces and usable area
- Expansion reserve for creating additional living space and increasing returns
All information is based on details provided by the owner. If interested, you will receive detailed property documents, current rent overviews, and viewing appointments upon request.
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449.900 € COMPACT HOUSE - WELL THOUGHT OUT DOWN TO THE LAST CORNER25767 Bunsoh
155.000 € Create instead of search: single-family house with expansion potential25767 Albersdorf
