A special kind of profitable apartment building - converted railroad station in Höxter, Lüchtringen!

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37671 Höxter
Nordrhein-Westfalen
280.000 €
Selling Price
301 m²
Living Area
12
Rooms
TraumImmo-ID: WHMZGPV
Partner-ID: 372872511
Partner-Property by: RegionalImmobilien24
Contact:
Anonymous

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Information

  • Type: Multi-Family House
  • Living Area ca.: 301 m²
  • Rooms: 12

  • Property Area: 827.0
  • Bathrooms: 4.0

Selling Price & Extra Costs

Selling Price280.000 €
Courtageno courtage for buyers

About this dream house

Property Description

Attention investors and enthusiasts: A historic railroad station built in 1911 and converted in 1994 into a profitable four-party multi-family house on a plot of approx. 827m² in the middle of the village of Lüchtringen awaits you. The approx. 301m² living space is divided as follows:

-flat 1, 70m², 3 rooms, empty

-Apartment 2, 80m², 3 rooms, rented

-flat 3, 103m², 4 rooms, rented

-Apartment 4, 48m², 2 rooms, rented

The property currently generates a monthly basic rent of € 940.00. However, if fully let and adjusted to the local average rent (approx. €5.00/m²) plus the use of the parking space and garden, you can expect an approximate basic rent of €1600.00/month. This would result in a calculated (gross) factor of 15.36% or a (gross) yield of 6.51%. Use these figures to your advantage.

The house is in a generally well-kept condition. Apart from age-related minor defects, some of the windows are somewhat older and there are a few damp patches in the property. The front door, leaking windows and the sewer connection have been renewed in the last two years. A gas connection is available for a possible heating changeover.

While the building itself has been completely converted to residential use, the adjacent train stop is still actively used by trains. Depending on the train, however, the noise can be heard within reasonable limits and has already become an expected habit for the tenants. Only the siren on the roof of the former station (which is still in use) is a reminder of the property's previous use.

The adjoining shed building with approx. 102 m² of usable space and the adjacent garden round off the offer as an attractive investment property. Let us convince you of this property during a personal viewing, we look forward to seeing you!


Location

Contact:
Anonymous

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