House for sale in Bad Pyrmont, Germany

• Anzahl der Etagen im Haus 3
• Bad 9
• Garage/Stellplätze 1

Property description: This well-maintained multi-family house, which has been in the same ownership for approximately 60 years, is located in the center of Bad Pyrmont. It consists of nine furnished apartments that are fully rented, mainly to staff of the Pyrmont Hospital. Vacancies are rare and typically only last a few weeks after a tenant moves out. Built in 1900, the house underwent significant renovations including a roof extension in the 1980s and has been diligently maintained and renovated since then. The apartments are rented out as furnished units, some on long-term leases. They are fully furnished and equipped, from bedding to kitchen appliances. The living space is distributed as follows across the different apartments: - In the basement, one apartment with approximately 50m² - On the ground floor, two apartments of around 39m² and 54m² each - On the first floor, two apartments of 44m² and 46m² each - In the attic, three apartments of 20m², 22m², and 35m² each - A separate apartment in the extension with a living space of around 50m² There is a shared laundry room for tenants in the basement of the house. Additional documents regarding this property can be provided upon request. Thoughts on price: The price of 449.000€ for this property seems reasonable considering its long-standing rental history, prime location in the center of Bad Pyrmont, and the fact that it is fully rented out. With potential for stable rental income and the opportunity to further increase property value through renovations or updates, this property could be a good investment opportunity.