| Selling Price | 350.000 € |
|---|---|
| Courtage | no courtage for buyers |
Attention investors: This spacious 5-party multi-family house in the extremely peaceful Löwensen, a district right next to Bad Pyrmont, is looking for a new owner. The residential complex, which extends over approx. 480m² of living and usable space in 16.5 rooms, is in a largely well-kept condition. The approx. 650m² property includes a small backyard and 3 outdoor parking spaces directly in front of the property.
The units are divided as follows:
- Apartment 1, first floor (left), 75m², 3 rooms, not rented
- Apartment 2, first floor (right), 50m², 2,5ZKB, rented
- Apartment 3, first floor (right) 2 , 80m², 3 rooms + garden, rented
- Apartment 4, upper floor, 145m², 5ZKB, rented
- Apartment 5, top floor, 65m², 2ZKB, rented
The property currently generates a monthly basic rent of € 1,770.00 or € 21,240.00 per year. If the property is fully let or the current rents are adjusted according to the rent index (approx. €5.80/m²), you can expect a monthly rent of €2,262.00. This results in an annual rental income of €27,144.00 and a (gross) factor of 12.89 or a (gross) yield of 7.76%.
Use these figures to your advantage!
The majority of the residential complexes are in a well-kept condition, but some work should be scheduled. The ground floor apartment on the left will soon be renovated, the upper floor apartment is in a completely renovated condition, the upper floor apartment is well maintained, the skylights are currently being replaced.
There are currently no pictures of the two ground floor apartments on the right.
The facade of the building was only repainted at the end of 2023, the front door of the residential building was replaced approx. 2 years ago.
The gas condensing boiler is from 2000 and has been constantly maintained, so far there are no defects. All electrical wiring is at least from the year 2000, the water pipes and the heating pipes have been constantly renewed over the last 12 years.