1/1
first image
second image

All photos

third image

Look at map

third image

House for sale in Hamm, Germany

227 000€

59065 Hamm

Property description

From a buyer's perspective, this property is an excellent investment opportunity. The price of 227,000€ for a 140 sqm 2-storey property with a mixed usage (residential and commercial) is already a good deal. The historical Fachwerkhaus, built in the 18th century, combines modern amenities with a classic style. It's under protection, which means it complies with the regulations and offers an added layer of heritage value. The property offers a total of 140 sqm of space, 70 sqm for residential use and 70 sqm for commercial use (rental or additional living space), serving the needs of growing families or investors looking to generate passive income also. Moreover, it comes with a 2-car garage and parking for 2 additional cars on the property. It's located strategically in Hamm, close to major routes and public transportation, which would cater to potential tenants or buyers. From an investment perspective, with a quoted value of 227,000€, the estimated value after a 30% discount would be only 158,900€. This would mean a gain of at least 68,100€ upon selling, even without making any improvements. The property can be used immediately, generating potential passive income or flipping it for a profit in the near future. The location, mixed usage, historical charm, an added 2-car garage, and ample parking make the property attractive for different groups of buyers. It's certainly a great opportunity for both lifestyle buyers and investors due to its combined living and commercial potential, outstanding potential returns, and coveted central location.

Location

59065 Hamm

Date added: 24.07.2024

More properties for you