Idyllic apartment building with 3 apartments - profitable investment or living in Börry!

Get the full address via contact
31860 Emmerthal
Niedersachsen
150.000 €
Selling Price
264 m²
Living Area
15
Rooms
TraumImmo-ID: F9AANE9
Partner-ID: 523105831
Partner-Property by: RegionalImmobilien24
Contact:
Anonymous

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Information

  • Type: Multi-Family House
  • Living Area ca.: 264 m²
  • Rooms: 15
Balcony

  • Property Area: 2010.0
  • Bathrooms: 4.0

Selling Price & Extra Costs

Selling Price150.000 €
Courtageno courtage for buyers

About this dream house

Property Description

Investors or large families take note: Two semi-detached houses await you on a plot of approx. 2010m² in the middle of the Emmerthal district of Börry. The half-timbered front house, built in 1960, offers approx. 264m² of living space in two possible residential units; the front part of the first floor apartment could also be used commercially. The solid rear building, built in 1983, is divided into two further apartments with a total of 143m² of living space.

The current rental list is as follows:

- Apartment 1, ground floor front building, 116m², 3 rooms, vacant, in need of renovation
- Apartment 2, ground floor rear building, 63m², 2 rooms, 365,00€ basic rent, renovated in 2020
- Apartment 3, upper floor rear building, 85m², 3 rooms, 422,00€ cold rent, renovated in 2020

Due to fire damage in the front building, it is currently in need of renovation and cannot be rented and/or lived in. The upper floor of the front building offers the same floor space as the first floor, but with a room height of 1.90m. The rear building, on the other hand, is in a well-kept condition and, apart from a few cosmetic repairs, can be rented out and/or lived in without any problems.

The offer currently generates an annual basic rent of € 9,444.00. If the front apartment were fully let at a calculated rent index of €5/m², an additional €580.00 per month would be added, which would amount to €6,960.00. This results in a possible annual cold rent of €16,404.00 - this would correspond to a (gross) factor of 9.14 or a (gross) yield of 10.94%. Use this attractive yield to your advantage.

The large plot of land with garage, outdoor parking spaces and large lawn ideally complement the property. Each tenant has the opportunity to store their household goods in the partial basement of the front building.

Let us convince you of this offer during a personal viewing - we look forward to seeing you!


Location

Contact:
Anonymous

Contact now