Other for rent in Michelstadt - Hessen, Germany

• Anzahl der Etagen im Haus 3
• Küche Einbauküche
• Bad 3
• Boden Fliesen, Laminat
• Balkone 1
• Garten
• Terrassen 1

Property Description Are you looking for a house with plenty of space and many rooms? Do you also have handyman skills and can do a lot yourself? Then take a closer look at this large house. It was built in 1980 in solid construction on a leasehold property of the Evangelical Church. According to the building permit, the house has approximately 213 m² of living space. Over the years, an additional approximately 115 m² of existing usable space has been converted into living space. Most recently, 4 residential units were used, 2 large apartments on the upper and attic floors, a small apartment in the attic, and a medium-sized apartment in the basement. The residential units have water and electricity meters as well as heat quantity meters. In addition, there are cellar rooms, 4 garages, and 4 parking spaces. The property is already free of rent and will soon be vacated. Please note that this is a leasehold property. The annual ground lease for this property will be approximately €2,616 from 2025 (approximately €218 per month). Price Thoughts The asking price for this property is €425,000. Considering the size of the house, the number of rooms, and the additional living space that has been converted, this could be a great opportunity for someone with the skills to renovate and update the property. The potential for multiple rental units also adds to the appeal of this investment. It's important to keep in mind the annual ground lease fee when considering the overall cost of owning this property.