Other for sale in Herne, Germany

Overview of the Property: It is an extensive real estate consisting of three residential buildings. The layout includes three 4-room apartments and one 2-room apartment in a two-story building with a partially finished attic, providing a total living space of 353 square meters. Additionally, the property has a two-story rear extension with two garages. Another two-story building with six 2-room apartments was formerly a barn and underwent renovation in 1934/35. It offers a living area of ​​400 square meters. The property also includes a former horse stable with six garages and three stables, providing a total area of ​​146 square meters. The property is older, with some modern additions, is gas-heat-ready, and has various roof constructions. Investment Potential: * Investment cost: 1,210,000 EUR * Estimated rental income: 5% rental yield. Lifestyle Perspective: * Property size: The property has a total living area of ​​tailored for a multipurpose use or providing adequate residence for a large family. It offers ample space for relaxation and socializing. * Amenities: The property is well-maintained and is equipped with various amenities such as storage areas, multiple suites, and living facilities. * Location: The property is centrally located; thus, an easy commute to workplaces and recreational areas. * Renovation potential: The property requires some renovation which may allow long-term appreciation and added value.