House for sale in Dortmund Hostedde - Nordrhein-Westfalen, Germany

• Küche Einbauküche
• Bad 6
• Boden Fliesen, Laminat, Kunststoff
• Balkone 0
• Garten
• Terrassen 1

Property Description: This extensive renovated multi-family house with a total area of 571 m² comprises a total of six residential units. The owner's apartment offers 153 m², four rooms, a separate entrance, a spacious, covered terrace, and a beautiful large garden, giving it a house-in-house character. The financial advantage of a multi-family house as a constant source of income is combined with the benefits of relaxed living in your own home. The private garden with the additionally covered barbecue area invites you to relax and celebrate. A special feature of this ground floor apartment is its expansion potential. With minimal effort, the living area could be expanded to a total of 190 m². This expansion would provide you with five rooms, an additional bathroom, and a second separate entrance. Another exceptional feature is a garden house equipped with a whirlpool, TV, and internet connection. Here, you can relax after a long day at work and enjoy watching a football match. The equipment of the residential units is very well-maintained. The individual apartments have been extensively renovated over the past 12 years, including new radiators, copper pipes, almost all electrical wiring, modern bathrooms, separate water meters. The energy consumption is calculated using calorimeters. Most of the windows have been replaced. Behind the house, there are two terraces available to the tenants, as well as a 20 m² garden house for bicycles, garden furniture, or other items. The entire house has a basement. The current annual net cold rent is 30,960 euros (excluding the large owner's apartment on the ground floor). This corresponds to a square meter price of approximately 6.17 euros. When renting out the large ground floor apartment and adjusting the rent, the annual cold rent should be around 48,240 euros. Price Thoughts: The property is priced at 1.049.000€, which may seem high at first glance. However, considering the potential for rental income and the stable financial returns from owning a multi-family property, the price is justifiable. The property offers a unique opportunity for both investment and comfortable living, with the possibility of expanding and increasing rental income. The quality renovations and well-maintained units add value to the property, making it a sound investment for those looking for a stable income source in the real estate market.