House for sale in Straße 64 45665 Recklinghausen - Nordrhein-Westfalen, Germany

• Garten
• Keller

Property description: For sale is a residential and commercial building built in 1906 on a spacious plot of 523 square meters. The building spans four floors and offers a total living area of 394 square meters as well as a commercial area of 157 square meters. The house comprises eight units in total, including seven residential units and one commercial unit. Two of the residential units are designed as spacious maisonette apartments, which are particularly popular among families and couples. The commercial unit also includes a large garden with an area of 182 square meters, providing versatile usage options. The property is in good condition and has been regularly maintained. It offers significant potential to increase rental income and therefore yield. Currently, the annual rental income amounts to approximately 41,172 euros. Take advantage of this outstanding investment opportunity and secure a property that offers solid returns as well as sustainable appreciation potential. Price thoughts: The price of 510.000€ for this property seems reasonable considering the potential for increasing rental income and the current rental yield of 8.07%. With a projected rental income of 46,406€ and an estimated yield of 9.69%, this property presents a promising investment opportunity in the thriving real estate market of Recklinghausen, Nordrhein-Westfalen. Invest in this property now to capitalize on its rental potential and benefit from long-term value appreciation.