House for sale in Hagen, Germany

• Keller

Based on the provided description, this property is a semi-detached, three-unit, two-story house with a total living area of 329m². Located in Hagen, it was built around 1900 and the seller mentions that the attic has been converted into additional living space. The property has three apartments in total, which can be an attractive feature for investors looking to generate income from rental properties. Additionally, the winter garden and a full-basement with a cellar provide a versatile space that can be used for various purposes such as storage or additional living areas. The property has a garage on-site, and while there is no mention of parking spaces, it's worth noting that the location might have public parking options nearby. As for the condition of the property, there are some mentioned "baumängel/bauschäden," but it's hard to determine their severity without further information. In terms of a real estate investment, the property seems to have good potential. Its location and spacious layout could be attractive to potential tenants, providing good occupancy rates and income. However, any necessary renovations or repairs to address the mentioned defects may increase the overall cost of the investment. As a lifestyle purchase, the property offers a charming historic charm and spacious living areas. However, buyers should consider the ongoing maintenance and potential costs associated with older buildings. The property's location in Hagen might also have pros and cons, so it's essential to research the local neighborhood and amenities available. Overall, this property seems to have strong potential as a real estate investment, especially for those interested in generating rental income. However, it's essential to conduct a thorough property inspection and consider any necessary repairs or upgrades to ensure a successful and profitable investment.