Price reduction - yield & owner-occupancy: Multi-family house in need of renovation with 4 residential units – Photo 1

Price reduction - yield & owner-occupancy: Multi-family house in need of renovation with 4 residential units

The advertiser will give you the exact address on request.32816 Schieder-SchwalenbergNordrhein-Westfalen
Purchase price
109.000 €
Living area
393 m²
Rooms
13
TraumImmo ID: WJ46586
Partner ID: 655256222

Published on 22/02/2026 · Last checked on 26/09/2026

Advertiser:
RegionalImmobilien24

Key facts

TypeBlock of flats
Living area approx.393 m²
Rooms13

Plot area824 m²
Usable floor area80 m²

Purchase price & costs

Purchase price109.000 €
Price per m²277.08 €/m²
Commission4.76

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About this house

This spacious multi-family house in Schieder-Schwalenberg (OT Brakelsiek) offers four residential units on approx. 824 m² of land with a total living area of approx. 393 m². Two units are vacant, two are owner-occupied and will be available after the sale – ideal for owner-occupiers or investors with vision.

The property dates from 1950 and 1962, with partial modernization carried out around 2000 (including bathrooms, heating, windows). The house is in need of renovation overall, but offers interesting rental prospects (approx. 5–7 €/m²) as well as subsidy potential.

Features: terraces/balconies, two garages, five parking spaces. The quiet location near the popular SchiederSee as well as the good accessibility of regional centers (Detmold, Bielefeld, Amazon location) make the property additionally attractive.

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Advertiser:
RegionalImmobilien24
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