| Selling Price | 329.000 € |
|---|---|
| Courtage | no courtage for buyers |
High-yield apartment building in a top location in Meschede - ideal for investors
A high-yield apartment building in the heart of Meschede is for sale, offering investors a secure and long-term investment opportunity. The property was built in 1900 and extensively modernized in 1981. It combines the character of a historic building with modern fittings and features an attractive mix of residential and commercial space spread over a total of 225.75 m². On a plot area of 161m² there are two residential units totaling 138.3m² and a commercial space of 87.45m² on the first floor, which is currently let to an established restaurant.
On the first and second floors there are two residential units with living areas of 71.41m² and 66.89m². Both apartments are functionally furnished and enjoy a steady rental income. In addition, the top floor offers a further usable area of 27m², which further increases the profitability.
Technically, the property is in good condition. Efficient floor heating systems, which are around 15 years old, ensure low heating costs in the residential units, while electric night storage heating has been installed on the top floor. The roof was renovated in 2012 and is fitted with durable Braas roof tiles and offers a high level of protection against the weather. The electrics in the commercial unit were renewed a few years ago, in the residential units around 20 years ago. The bathrooms have also been renovated and are neutral white and functional. Most of the windows were renewed in 1990 and some in 2016 and are plastic windows with double glazing.
The property is further enhanced by its central location in Meschede. Numerous shopping facilities, public transport connections and educational institutions make the property attractive for both commercial use and rental apartments. The existing commercial unit benefits from a central and well-connected location, while the quiet location is ideal for tenants.
The stable tenant base and attractive location ensure a continuous and reliable return. In addition, the usable space on the top floor offers potential for future uses that could further increase profitability. This is a rare opportunity to invest in a well-maintained property with character, stability and potential for value appreciation - an ideal investment option for investors who value security and long-term returns. Please note that for reasons of tenant privacy, we can only show you digitally processed images.