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Other for sale in Rehburg-Loccum, Germany

650 000€

31547 Rehburg-Loccum

Features

  • Küche Einbauküche
  • Balkone 2
  • Garten
  • Terrassen 1
  • Keller

Property description

Property Description: This property offers a variety of potential uses, including multiple residential units, office spaces, commercial areas, production halls, storage spaces, and a large plot of land. Currently, 5 residential units are immediately rentable, but with minor modifications, many more units could be developed. There is also plenty of room for expansion. The commercial units could be utilized right away for a trade business such as a carpentry or roofing company. These units have their own entrances and are separate from the residential units. The current estimated return on investment when rented according to market rates is 7%. Thoughts on Price: At a purchase price of 650.000€, this property offers a diverse range of income-generating possibilities due to the various units and locations on the premises. The potential for rental income from both residential and commercial spaces, as well as the option for further development, make this property a solid investment opportunity. Additionally, the convenient location near B441 adds to its appeal. Overall, the price is justified considering the potential return on investment and the versatility of the property.

Location

31547 Rehburg-Loccum

Date added: 08.08.2024

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