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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:

5.3%

Time to pay off with rent:

18.8 years

Price Difference:

-10%

Expected Rent:

1720€/month

Property description

We are pleased to present this attractive residential and commercial building located in the prime city center of Espelkamp. Built in 1968, this property is situated on a 351 square meter privately owned plot. This unique opportunity is available for the first time and exclusively offers both commercial and residential usages. The prime city center location ensures excellent visibility and accessibility. The surrounding area is characterized by vibrant business activities and a well-developed infrastructure, providing significant benefits for both businesses and residents alike. The layout of the property is as follows: - Commercial space (ground floor): 92.62 square meters featuring a generous showcase window area of 12.5 meters, ideal for retail or service-oriented businesses. - Residential units: The building comprises two well-designed residential units, each with 96.11 square meters of living space. Each apartment includes: - 3 rooms - Kitchen - Full bathroom with natural light - Guest toilet with natural light - Storage room - Two balconies The property is fully rented and generates an annual net cold rent of 20,640 euros, making it an attractive investment opportunity. This residential and commercial building in Espelkamp presents an excellent chance for investors and owner-occupiers alike. The combination of a central location, stable rental agreements, and a thoughtful room layout makes this property particularly appealing. Don't hesitate to reach out for further information or to arrange a viewing!

Location

32339 Espelkamp

Date added: 12.12.2024

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