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58762 Altena
As a potential buyer, this property offers great investment potential due to its affordable price and a high yield of 4.6% with an average annual return of 3.9% based on the current rental income. The property has undergone regular renovations and is in good condition, ensuring a good quality of life for tenants, translating into lower vacancy rates and expenses for the owner.There are currently three vacant units, which can be rented to increase the income. The property is situated in a quiet neighborhood, providing a good lifestyle option with low maintenance requirements. The partially renovated upper floors and roof offer potential to add more value by creating additional living spaces. Overall, the property seems like a good investment opportunity with potential for improvement and growth as a lifestyle purchase.
58762 Altena