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House for sale in Bielefeld - Nordrhein-Westfalen, Germany

780 000€

33607 Bielefeld - Nordrhein-Westfalen

Property description

As a real estate investment, this property seems like a good opportunity. With 8 rental units and a current net rent of approximately €38,500 per year, the property has the potential for a healthy cash flow. The property is located in a prime area near Bielefelder Innenstadt, which is likely to attract tenants and add value to the property. The fact that the property is currently fully rented is also a positive sign. However, like with any investment, it's essential to conduct thorough due diligence to evaluate the property's potential returns and any associated risks. From a lifestyle perspective, owning this property could be advantageous as well. The property's location is ideal, and the availability of rental units could be useful if you are considering a lifestyle investment e.g. an Airbnb or VRBO. Moreover, the extra space and amenities such as a garden could provide additional comfort and relaxation. However, it's essential to weigh the benefits of the lifestyle purchase against the potential financial risks and returns. Rhythm Spectrum AI can help you make a more informed decision.

Location

33607 Bielefeld - Nordrhein-Westfalen

Date added: 24.07.2024

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