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House for sale in Remscheid, Germany
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House for sale in Remscheid, Germany

266 000€

42857 Remscheid

Property description

Description: This four-story multi-family building, built around the turn of the century, is attached on both sides and consists of 5 apartments, a retail space, and a basement with a usable area of 40 square meters. The total living and usable area of the building is 308 square meters. Four apartments are currently rented out. Heating is provided by a gas boiler. Thoughts on Price: With a listed price of 266,000€, this property offers a great investment opportunity due to its potential for rental income from the already occupied units. The possibility of securing a 30% discount on the market value, bringing the price down to 186,200€, makes this property even more attractive. Additionally, the absence of notary fees and agency commission adds further value to this investment. Overall, this property presents a promising opportunity for a savvy investor looking to acquire a property with potential for growth.

Location

42857 Remscheid

Date added: 10.09.2024

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