| Type | Block of flats |
|---|---|
| Living area approx. | 533 m² |
| Rooms | 27 |
|---|---|
| Bathrooms | 9 |
| Plot area | 504 m² |
|---|---|
| Usable floor area | 639 m² |
| Purchase price | 329.900 € |
|---|---|
| Price per m² | 619.46 €/m² |
| Commission | 7,14% (7,14 % inkl. 19 % MwSt.) |
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More financing calculators and assumptionsListed residential and commercial building with vacancy in the middle of Neustadt Glewe for sale
The property is a residential and commercial building built around 1890 with eight apartments and a commercial unit, which are distributed over three full floors and a basement with a full basement on a living and usable area of approximately 639m ². The property is located in a very desirable and central location of Neustadt Glewe and comprises about 504m ².On the backyard are outdoor parking spaces available.
The partly listed property is accessed via a central staircase and presents itself both technically and visually in a state in need of renovation and refurbishment.
The apartments have a well thought-out floor plan, they are cut differently and have sizes from 27m² to 85m². Excellent light conditions are provided in all rooms by the large windows.
Numerous old building details, such as special doors and corresponding ceiling heights, are present and give the property its special charm.
Plastic double-glazed windows were installed and there are white tiled bathrooms in the apartments. There is the possibility to extend another part of the attic to create additional apartments.
The units are heated by gas central heating in the basement and each apartment has been assigned a compartment for storage here. The visible moisture damage needs to be professionally repaired. Currently 2 apartments and the commercial unit are rented. The annual net rent amounts to approx. 8.760,00€. After an extensive renovation of this house we see here a very good rentability and profitability in one of the best locations of Neustadt Glewe.
The affordable price makes the property doubly attractive because this great house just needs to be breathed new shine.
Note: To protect tenant privacy, only exterior photos and photos of vacant apartments are shown.
There is a lot to do, but it also offers the opportunity for creative redesign. Therefore, the house is suitable as a development and investment property.
Ideal, therefore, for contractors, craftsmen or people who like to be active and creative.
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