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House for sale in Rinteln                   - Niedersachsen, Germany
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House for sale in Rinteln - Niedersachsen, Germany

365 000€

31737 Rinteln - Niedersachsen

Features

  • Anzahl der Etagen im Haus 2
  • Küche Einbauküche
  • Bad Dusche
  • Boden Fliesen, Laminat
  • Fahrstuhl
  • Barrierefrei

Property description

Property Description: For sale is a fully renovated residential and commercial building, boasting an excellent location in the city center of Rinteln and an attractive combination of living and commercial spaces. The property has been continuously modernized and offers a profitable and versatile potential for both investors and owner-occupiers. Comprehensive documents such as architectural plans, construction costs, applications, drawings, etc. are available for inspection. Property Details: - 2 flexibly usable commercial spaces on the ground floor, which can be rented separately or together. - A spacious apartment on the 1st floor (approx. 150 sqm), accessible via a barrier-free elevator that leads directly into the apartment. - An apartment on the right upper floor (approx. 75 sqm) with the option to further expand the attic. - A studio apartment (approx. 42 sqm). The property is currently rented out, generating rental income of approximately €2,800 per month. These earnings are below market potential, as some areas have been rented out at lower rates within the family. According to the current rental index, monthly income of around €3,500 is realistic. Modernization measures and Condition: The building has been regularly renovated, resulting in a well-maintained overall condition. Facade renewal: parts of the facade were modernized in 2024 and 2017. The entire house was extensively renovated in the 80s/90s. Details about the commercial spaces (ground floor): - Commercial Space EG1 (right): - Open spaces with an open gallery. - Spacious shop front with lots of natural light and optimal visibility. - Separate kitchen area and toilet. - Gas heating renewed in 2018. - Status: Becoming available due to relocation. - Commercial Space EG2 (left): - Two floors with versatile usage options. - Long shop front ideal for retail or presentation areas. - Separate kitchen area and toilet. - Gas heating renewed around 2018. - Status: Becoming available due to relocation. The commercial spaces offer ideal conditions for retail, offices, or service businesses due to their flexible layout and central location. Details about the apartments: - Apartment OG1 (1st floor, approx. 150 sqm): - Access via staircase or private elevator directly into the apartment (currently inactive due to non-use). - 6 rooms including a spacious kitchen living room and an open living area. - 3 bathrooms. - Gas heating renewed in 2016. - Status: Becoming available due to relocation. - Apartment 2 (DG 1 right, approx. 75 sqm): - Two spacious rooms and a large kitchen living room. - Modernized bathroom. - Access to the attic, which can be easily expanded. - Partially renewed windows, gas heating around 2015. - Studio Apartment Studio DG Studio (upper floor right, approx. 42 sqm): - Combined living, sleeping, and kitchen area. - Separate shower room, fully renovated in 2024. - Gas heating overhauled in 2024. Please provide your full address and phone number so that we can contact you to arrange a viewing appointment. Thoughts on Price: At €365,000, this property offers a great investment opportunity due to its prime location, versatile usage potential, and steady rental income. With the possibility to increase rental rates to align with market potential, the property has room for growth in terms of return on investment. The modernization measures and well-maintained condition further add to the value proposition of this property.

Location

31737 Rinteln - Niedersachsen

Date added: 18.11.2024

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