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64720 Michelstadt - Hessen
Property Description Are you looking for a house with plenty of space and many rooms? Do you 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 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 top floor, a small apartment in the top floor, and a medium-sized apartment in the basement. The residential units have water and electricity meters as well as heat quantity meters. There are also cellar rooms, 4 garages, and 4 parking spaces. The property is already rent-free and will soon be vacated. Price Thoughts The property is priced at 389.000€, which may be considered reasonable considering the size of the house, the additional living space that has been converted, and the amenities such as garages and parking spaces. However, potential buyers should take into account that this is a leasehold property with an annual ground rent of approximately 2.616€ starting from 2025. This additional cost should be factored into the overall affordability of the property.
64720 Michelstadt - Hessen