Other for sale in Lubbecke, Germany

• Garten
• Terrassen 1
• Keller

Property Description Located on a 2280 m² plot of land, this listed property in Lübbecke features a historic house with an extension housing 4 apartments. The property underwent extensive renovations in 1999 and has been well-maintained since. Generating annual rental income of 25,000 €, the apartment building also offers 4 carport spaces and 4 exterior parking spaces for all tenants. The attic has potential for conversion into an additional unit, and there are terraces and garden areas for tenant use. With 13 rooms allowing for flexible room layout, this property presents ample opportunities for individual customization. Price Thoughts The listed price of 430.000€ for this property appears reasonable considering the potential rental income of 25.000€ per year, as well as the additional income from parking spaces. The opportunity to further develop the attic space adds to the property's value. Overall, this property offers a solid investment opportunity with scope for growth and potential for additional revenue streams.