| Type | Block of flats |
|---|---|
| Living area approx. | 331 m² |
| Bedrooms | 12 |
| Rooms | 15 |
|---|---|
| Bathrooms | 5 |
| Plot area | 1998 m² |
|---|
| Purchase price | 565.000 € |
|---|---|
| Price per m² | 1,706.95 €/m² |
| Commission | 3,57% (3,57% inkl. 19 % Umsatzsteuer) |
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More financing calculators and assumptionsThe multi-family house offered for sale here, built around 1970, with five residential units and approx. 331 m² of living space on a 1,998 m² plot, presents itself as a project with great potential.
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This property is excellently suited as a yield property or as a solid capital investment in a sought-after location close to the city center of Trier and Luxembourg. The annual cold-rent income currently amounts to €10,080 with two of the five apartments currently rented.
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The highlights briefly summarized:
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+ vacant 1-room apartment with kitchenette and bathroom, approx. 28 m² of living space
+ rented 2-room apartment with kitchenette and bathroom on the 1st floor, approx. 47 m² of living space & monthly cold rent of €360
+ vacant 3-room apartment with kitchenette and bathroom on the 1st floor, approx. 50 m² of living space
+ rented 4-room apartment with kitchenette and bathroom on the 2nd floor, approx. 89 m² of living space & monthly cold rent of €480
+ vacant 5-room maisonette apartment with kitchenette and bathroom, approx. 117 m² of living space
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+ total rentable area of approx. 331 m² of living space
+ generous plot of 1,998 m²
+ good and quiet residential location in Trier-Euren
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+ solid construction from around 1970
+ condition in need of renovation
+ very good transport connections in all directions
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The property presents itself in solid but partly renovation-needing condition and, after a few investments and the rental of the currently vacant apartments, as a good capital investment.
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On the ground floor there is a garage, the heating system including heating tanks, and an additional cellar room. The apartment, which is also located on the ground floor, is accessible via the front entrance. A small staircase leads to the two apartments on the 1st floor.
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To the left of the house, an exterior staircase leads to the rear entrance. From here you reach the two larger apartments and the generous garden.
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Such an interesting multi-family house with these possibilities, the spatial potential, and the sought-after residential location represents a very attractive and rare offering.
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Convince yourself during an on-site viewing appointment of the potential that this property in Trier - Euren has to offer.
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