House for sale in 202 44649 Herne, Westfalen - Wanne - Nordrhein-Westfalen, Germany

• Anzahl der Etagen im Haus 5
• Bad 9
• Boden Laminat
• Balkone 1
• Garten
• Terrassen 1
• Garage/Stellplätze 1
• Keller

Property description: This multi-family house with modern amenities and additional garden land in a central location in Herne Wanne is suitable for both investors and owner-occupiers. Originally consisting of 9 residential units, 2x2 apartments have been combined, resulting in the current 7 residential units. The merging can be easily reversed with minimal effort to restore the original 9 units. The attic has been converted and still needs to be legalized. In 2011, the property underwent extensive modernization, including the heating system, roof covering, insulation, and some bathrooms being renewed. Additionally, an extension with separate access was added on the ground floor, currently used as an office space but could be converted for residential purposes. The spacious garden area has access via a side street, allowing for the construction of additional garages. A long double garage is already present. The property is fully basemented, providing additional storage space. There is potential to further develop the garden plot or expand the extension, as the surrounding neighboring properties are already built up to the rear. There are no restrictive zoning regulations in place. The two commercial units on the ground floor have been rented out for many years and feature large windows facing the street, providing high visibility for potential customers. Rental potential: Since several residential units are currently owner-occupied, current rental income is not specified. The potential rental income is approximately €70,000 per year. With minor modernization measures, the rental potential could be further increased. Thoughts on price: The price of 989,000€ for this property seems reasonable given its central location, modern amenities, and potential for generating a high rental income. With the ability to easily reverse the unit combinations and legalize the attic conversion, there is flexibility for future owners to customize the property to their liking. Additionally, the option to further develop the garden plot and expand the extension provides potential for increased value over time. Overall, this property offers a solid investment opportunity with room for growth.