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42897 Remscheid / Lennep - Nordrhein-Westfalen
Property Description: This residential and commercial building was constructed in 1900 in a 3-story half-timbered style with basement on a approximately 580 m² plot of land. It consists of seven residential units, totaling 331m² of living space (apartments ranging from 41 to 64 m²), a medical practice with approximately 132 m² on the ground floor, and a storage area of about 100 m² in the basement. Additionally, the property includes five car garages and two parking spaces. There is potential to build additional living space on the plot. The roof and facade are inspected and maintained annually by a roofing company. Thoughts on Price: With a gross return of 7.62%, this property presents a solid investment opportunity. The property's diverse mix of residential units and commercial space, as well as the potential for further development, make it an attractive option for investors. Considering the location in Remscheid / Lennep, Nordrhein-Westfalen, and the amenities included, the asking price of 499.000€Kaufpreis represents good value for the potential income and growth opportunities it offers.
42897 Remscheid / Lennep - Nordrhein-Westfalen