House for sale in Remscheid - Nordrhein-Westfalen, Germany

• Bad 3
• Balkone 1
• Garten
• Terrassen 1
• Haustiere
• Keller

Property Description: This centrally located apartment building in Remscheid Vieringhausen was built in 1926 and has been continuously maintained. The attractive property consists of 3 bright and well-designed 3-4 room apartments. The ground floor apartment (approx. 135sqm) features a beautiful glassed-in winter garden, a fireplace, two bathrooms, and a fitted kitchen, and is currently rented out. In addition to the kitchen, this apartment has a dining room, living room, and 3 bedrooms. The apartment on the first floor (approx. 96sqm, recently renovated) has a bright and well-designed layout. It includes two bedrooms, a bathroom with a tub and shower, a storage room, a living room, and a dining room with access to a large balcony with a sunshade. The attic apartment (approx. 68sqm, currently vacant) was recently renovated in 2022 and offers a modern ambiance with a living room, bedroom, bathroom, kitchen, dining room, and a beautiful rooftop terrace with a view. The staircase is well-maintained. The entrance area was also renovated in 2021 and 2024. A peaceful garden is available to all residents of the building. The property has a full basement and also offers an attic that can be converted or used as additional storage space. In summary, this is a multi-family house with a high-quality design and in very good condition. With an annual net rental income of approximately 29,000€, it is a good investment property. Thoughts on Price: Considering the prime location, well-maintained condition, and rental income potential, the asking price of 395.000€ seems reasonable for this multi-family property in Remscheid. The property offers a good return on investment and has the potential for long-term appreciation in value. It would be a solid addition to any real estate portfolio.