House for sale in Hamm, Germany

🏚️ Description: A 5-unit, 2-story multiplex outdated by approximately 1950 with an estimated living area of 202m². The property, situated in Hamm, features a rental income potential for your analysis. As an investment opportunity, the property's appeal is moderate, with a relatively low asking price of 212.230€, offers potential for rental income, but the property's age might deter some buyers. The lifestyle benefits are limited by its suburban location and the need for potential renovations. However, upgrading this property could improve its overall appeal while increasing the rental value. 🏘️ Commercial potential: The property's multifamily nature makes it suitable for passive income through long-term tenants. Yet, buyers would need to weigh the potential rental income against the need for any renovations or upgrades, which could make the investment less competitive for investors seeking immediate returns on their investments. ```