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other for sale in Herne, Germany

1 210 000€

44623 Herne

Features

    Property description

    From a buyer's perspective, this property offers four 2-3 bedroom apartments, three garages, and a total living area of 753m². It has a storeroom and a cellar, and the mixed-use residential buildings were built in 1896 and renovated in 1934/35. Previously, the units were used for commercial purposes, but they are now being offered for residential purposes. The property description suggests that the apartments need renovation/completion work. The property is located in Herne, Germany, and the listed price is 1,210,000€. As an investment, this property presents a unique opportunity given its size, potential for renovation, and prime location. However, it's essential to weigh the renovation and maintenance costs against the potential rental income. Furthermore, consider the local housing market trends, demand for rental properties, and the neighboring demographics. For a lifestyle purchase, this property would offer a private setting with ample space for relaxation and social gatherings. The mixed-use building with garage and storage units would provide flexibility in terms of usage, and the property is located in a residential area. However, potential buyers should also assess the general upkeep and maintenance requirements and ensure the property aligns with their personal lifestyle preferences. Overall, this property undoubtedly presents a unique investment and lifestyle opportunity for the right buyer. The proximity to amenities, the size of the property, and the potential for renovation are attractive aspects. However, it's essential to assess all relevant factors, such as the property's condition, location, market trends, and financial feasibility to make an informed decision.

    Location

    44623 Herne

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