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House for sale in Espelkamp, Germany
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House for sale in Espelkamp, Germany

389 000€

32339 Espelkamp

Features

  • Anzahl der Etagen im Haus 3
  • Balkone 4
  • Terrassen 1

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 We are pleased to offer you this attractive residential and commercial building in a prime city center location in Espelkamp. Built in 1968, the building is situated on a freehold plot of 351 square meters. The property is available for the first time and exclusively offers both commercial and residential uses. The 1A city center location guarantees excellent visibility and accessibility. The surrounding area is characterized by vibrant business activities and a good infrastructure, which is of great benefit to both business owners and residents. Specifically, the property features: - Commercial space (ground floor): 92.62 m² with a generous shop window area of 12.5 meters, ideal for retail or service businesses. - Residential units: The building has two well-designed residential units, each with 96.11 m² of living space. Each apartment offers: - 3 rooms - Kitchen - Full bathroom with natural light - Guest WC with natural light - Storage room - 2 balconies each The property is fully rented out and generates an annual net cold rent of 20,640 euros, making it an attractive investment opportunity. This residential and commercial building in Espelkamp offers an excellent opportunity for investors and owner-occupiers. The combination of a central location, solid tenancy agreements, and a well-thought-out floor plan makes this property particularly interesting. Do not hesitate to contact us for further information or to arrange a viewing appointment. As for the price of 389,000€, it seems reasonable for a property with both residential and commercial potential in a prime city center location. With the current annual net cold rent of 20,640 euros, the property could offer a good return on investment for the buyer. The solid rental income and strategic location make this property a valuable asset for both investors and owner-occupiers.

Location

32339 Espelkamp

Date added: 01.10.2024

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