| Type | Block of flats |
|---|---|
| Living area approx. | 562 m² |
| Rooms | 20 |
|---|
| Plot area | 450 m² |
|---|---|
| Usable floor area | 562 m² |
| Purchase price | 590.000 € |
|---|---|
| Price per m² | 1,049.82 €/m² |
| Commission | 3,57% (3.57% (inkl. MwSt.)) |
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More financing calculators and assumptionsAttractive fully let six-unit building with solid return in a central downtown location in Hof – Secret Sale
Dear capital investors and investors,
For sale is an extremely interesting fully let six-unit building (mid-terraced house) in an absolutely central location in Hof city centre. This property combines stable rental income, historic substance and attractive potential for appreciation in a rare investment opportunity.
Solid return & immediate cash flow
The property is fully and long-term let and already generates a highly attractive, sustainable rental return. The underlying rental income is based on the current status at the beginning of the year. In addition, there is short-term potential for rent adjustments within the statutory framework, which may further improve the income situation in the near future.
Well-maintained, comprehensively renovated and in good technical condition
The property underwent extensive structural renovation in 2019 and has been in well-maintained and technically good condition ever since. As part of the renovation, among other things:
-Bathrooms modernised
-Floors renewed
-Ceilings refurbished
-Heating system completely renewed
The property therefore offers solid, contemporary substance with a low maintenance risk and long-term value retention.
Historic charm meets quality of living
The stylish historic façade and the representative entrance area with Baroque elements give the building a special character and a high-quality external appearance.
On the rear side, there are three balconies overlooking the quiet inner courtyard and/or garden area, which further enhance the residential quality of the units.
Attractive development potential
In addition to the stable current return, the property offers further potential for appreciation. Targeted visual measures – particularly to the balconies and façade – can further significantly improve the external appearance. In the long term, this can sustainably increase both rental appeal and the property’s value.
Your investment advantage:
-Fully let multi-family building
-Immediate rental income
-Well-maintained, comprehensively renovated and in good technical condition (2019)
-Central city-centre location
-Additional potential for rental increases and value appreciation
-Historic character with distinctive appeal
If you are seriously interested, we look forward to hearing from you. Following an initial personal discussion, we will be happy to provide you with a detailed sales brochure.
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