House for sale in 202 44649 Herne, Westfalen - Wanne - Nordrhein-Westfalen, Germany

• Anzahl der Etagen im Haus 5
• Bad 9
• Boden Laminat
• Balkone 1
• Garten
• Terrassen 1
• Garage/Stellplätze 1
• Keller

Property Description This multifamily house with modern facilities and additional garden land in a central location of Herne Wanne is suitable for both investors and owner-occupiers. Originally consisting of 9 residential units, 2x2 apartments have been combined, resulting in a total of 7 units currently. This combination can easily be reversed with minimal effort to restore the original 9 units. The attic has been converted and still needs to be legalized. Extensive modernization work was carried out on the property in 2011, including the replacement of essential components such as the heating system, roof covering, insulation, and several bathrooms. Additionally, an extension with a separate entrance was built on the ground floor, currently used as an office space but could be converted for residential purposes as well. The generously sized garden area is accessible via a side street, allowing for the construction of additional garages. There is already a long double garage on the premises. The property has a full basement, providing additional storage space. There is potential to further develop the garden plot or expand the extension, as neighboring properties to the rear are already built up. There are no restrictive development plans in place. The two commercial units on the ground floor have been rented out for many years and feature large windows facing the street, offering high visibility to potential customers. Rental potential: as several residential units are currently owner-occupied, exact rental income figures are not provided. The potential rental income is approximately 70,000 euros per year. With some minor modernization efforts, the rental potential could be further increased. Thoughts on Price: Given the prime location, modern amenities, potential for rental income, and flexibility for future development, the asking price of 989,000€ seems justified. The property offers a great investment opportunity for those looking to maximize their returns in the real estate market.