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31008 Elze - Niedersachsen
Property Description This 4-unit multi-family house, built in solid stone construction in 1966, offers the opportunity for both owner occupancy and a stable investment in the real estate market. The property is already divided into individual units, allowing for easy rental or sale of each apartment. The attic space also provides additional potential for expansion. Left Unit, Am Hang 13 (Owner Occupancy Opportunity): ---------------------------------- - 3.5 rooms with approximately 114 sqm of living space - Large living-dining room with terrace and fireplace - Kitchen with direct access to the terrace - Guest bathroom with shower, modernized main bathroom with shower and bathtub - Storage room, balcony, cellar, 2 garages - This unit with a large garden will be available for owner occupancy starting in October Right Unit, Am Hang 15: ---------------------------------- - 2-room apartment with approximately 65 sqm of living space in the basement - 3-room apartment with approximately 85 sqm of living space on the ground floor with terrace and large garden - 3-room apartment with approximately 75 sqm of living space on the top floor - Each apartment includes a separate cellar room - Annual net cold rent income for the right unit: 1,584.10 EUR (225 sqm) The average rent of approximately 7.04 €/sqm falls within the range of possible achievable rent. For the privacy of the tenants, we do not publish photos of the living spaces on the internet, in agreement with the owner. Thank you for your understanding. Price Thoughts At a purchase price of 399,000€, this property offers a versatile opportunity for both owner occupancy and investment. With the potential for rental income from multiple units and the option for future expansion in the attic space, this property presents a solid investment in a desirable location in Elze, Niedersachsen. The annual net rent income from the right unit also provides a stable source of income for potential investors. Overall, this property offers a good value for its price range and presents a unique opportunity in the real estate market.
31008 Elze - Niedersachsen