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House for sale in Bielefeld, Germany
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House for sale in Bielefeld, Germany

665 000€

33604 Bielefeld

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Property description: This multiple-family house, built around 1914, offers a total living space of 362m² and consists of 8 individual apartments. The property includes a garage and an additional vacant plot of land measuring 287m². At the time of valuation, the majority of the apartments were rented out, providing a steady rental income. Thoughts on price: Given the central location of the property in Bielefeld and the fact that most of the apartments are already rented out, the asking price of 665.000€ seems reasonable. The additional vacant land also offers potential for further development or expansion of the existing building, making it a lucrative investment opportunity.

Location

33604 Bielefeld

Date added: 27.08.2024

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