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House for sale in Olbernhau, Germany

246 000€

09526 Olbernhau

Features

  • Keller

Property description

Based on the given property description, the following is a detailed analysis from a buyer's perspective: Property type: Multi-family house Construction year: Approximately 1990 Number of units: 6 Number of floors: 2 + attic Attic: Fully converted into living space Living area: 400m² Basement: Vaulted cellar + additional basement area The property appears to be an attractive investment opportunity, as it comes with a relatively low price of 246,000€ and is partially tenanted. The unit count suggests the potential for rental income upon completion, either through short-term rentals or long-term leases. A legislated rent on one unit is already mentioned in the property description, which is a plus for potential investors. The property is also expected to offer a good return on investment due to the potential for value appreciation in the Olbernhau area. The multi-family house configuration means that the units can be easily adapted to meet individual needs and aesthetics. This can also reduce the time and cost required for renovations or upgrades, as owners can customize individual apartments without affecting the property as a whole. In terms of lifestyle, the property could potentially offer space to accommodate family members or friends living nearby or visiting the area. With five rental units available, additional income could be earned to offset living expenses. With a spacious and adaptable layout, the property is also an excellent choice for those seeking a spacious home for themselves and their families. Additionally, the cellar storage and attic conversions provide ample storage space and the potential for an additional recreational space. In summary, the property seems to offer a good investment opportunity due to its affordability, partial tenancy, and potential for value appreciation. It also provides a good lifestyle option for those who value space, adaptability, and the potential for additional income through rentals.

Location

09526 Olbernhau

Date added: 24.07.2024

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