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House for sale in 30449 Hannover - Niedersachsen, Germany

1 650 000€

Marienwerderstr.3 30449 Hannover - Niedersachsen

Features

  • Anzahl der Etagen im Haus 5
  • Bad Dusche
  • Boden Fliesen, Parkett, Laminat
  • Balkone 1
  • Garten
  • Terrassen 0
  • Keller

Property description

Based on the given description, the property is a 10-unit, multi-family house located in the desirable Linden-Mitte neighborhood of Hannover, Germany. The property was built in 1910 using solid, durable materials, and offers approximately 584 sqm of living space. From a real estate investment perspective, this property may present a good opportunity for those looking to generate passive income through rental properties or potentially renovate and flip the units for a profit. The current market value of the property is 1,650,000€, which may represent a good investment if the buyer has a solid understanding of the local real estate market and the potential rental income it can generate. The property's location in a sought-after neighborhood is likely to attract tenants and maintain property values in the long term. Additionally, the buyer may opt to redevelop or modernize the property to increase its appeal and rental potential. As a lifestyle purchase, this property could serve as an excellent investment for an individual or family looking to live in a central, vibrant neighborhood in Hannover. While the 10 individual units may be suited for multi-generational families or those looking to live close to their children, the spacious layout and pleasant surroundings make it an attractive proposition. The property's proximity to various amenities, recreational options, and public transportation services will contribute to a comfortable and convenient lifestyle. However, it is essential to consider the potential financial costs and legal implications of owning and managing a multi-family property in Germany, such as insurance, property taxes, and ongoing maintenance expenses. Additionally, factors such as the local rental market, market demand for this type of property, and future development plans in the area should be considered, as these may impact both the investment value and the property's suitability as a lifestyle investment.

Location

Marienwerderstr.3 30449 Hannover - Niedersachsen

Date added: 24.07.2024

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