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99867 Gotha - Thüringen
Property Description Welcome to your next investment project! This property is in need of renovation and presents a great opportunity to bring your creative ideas to life. The building currently consists of three residential units and an outbuilding on a spacious plot centrally located in Gotha. Investment opportunities: - Conversion into rental apartments for long-term income - Renovation and sale as individual units or as a whole building - Potential development as a multi-generational home for the whole family to live under one roof - Ground floor, 2 room apartment, approximately 44 sqm - 1st floor, 3 room apartment, approximately 62.5 sqm - 2nd floor, 3 room apartment, approximately 63.8 sqm - Attic, 4 rooms (between 7.7 - 12.3 sqm) currently used as storage rooms due to the property only having a crawl space The unit on the ground floor is currently rented out, however, the tenant is aware that they will need to vacate for the renovation of the property. (Cold rent 168 € + 10€ parking space in front + 10€ parking space in the garden) Thoughts on Price: The asking price of 129.000€ reflects the potential of this property as an investment opportunity. With the possibility of converting into rental apartments, renovating for resale, or creating a multi-generational home, there are various ways to maximize the value of this property. Considering the size and location in Gotha, this property has great potential for a profitable return on investment.
99867 Gotha - Thüringen