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58849 Herscheid
Gross Yield:
6.5%
Time to pay off with rent:
13.9 years
Price Difference:
15000%
Expected Rent:
1200€/month
This property is a semi-detached house designed for a family, featuring 1 to 2 stories and no basement. It includes a developed attic and a storage space, offering a total living area of 198 square meters. The property is complemented by a garden and two parking spaces. While the exact year of construction is unknown, it is over 100 years old, with an extension added in 1947 and renovations and a change of use carried out in 1996. In addition, there is a garden shed built in 2007. The heating and hot water are supplied through an oil central heating system, accompanied by an additional fireplace. The exterior premises show signs of maintenance neglect, and there is a wooden shelter in poor condition. Deficiencies and damages can be found on the facade cladding, wooden windows, and roof areas. Previously, there were shared supply and disposal facilities with the neighboring building however, these services have been separated or discontinued. This property presents an opportunity for transformation and improvement, appealing to those looking for a project or investment in a residential area.
58849 Herscheid