$629,536

This centrally located residential and commercial building in Rheinberg impresses with its versatile use and solid construction. The main building with a full basement, built around 1952, and the extension from 1968 offer a combination of commercial and residential units. A spacious 2-room apartment and two 3-room apartments are located on around 260 m² of living space, while the commercial space of 117 m² is currently used by three businesses, including a kiosk and a pizzeria.The layout:in the main house you will find the kiosk and an Airbnb unit as businesses, as well as two residential units on the upper and top floors.The elongated extension houses the pizzeria on the first floor and the large apartment on the upper floor.The property is in good condition, as modernizations such as window replacements and bathroom renovations have been carried out continuously. A new heating system was installed in 2000 and the extension was given improved insulation in the attic. Particularly noteworthy is the apartment in the extension, which is equipped with a fireplace and a small sauna.The 672 m² property with its MFH offers an attractive investment opportunity, as almost all units are rented out. The property is perfect for investors looking for a profitable investment with lots of potential.Rental income of just under €32,000/year can be achieved, assuming (conservatively) a rental price of around €550/month for the currently unlet apartment in the annex.You are welcome to gain your own impression of other features during a viewing appointment on site. Please note that the pictures are only a small selection.

Amenities

• Bedrooms: 4
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 2,798 ft² / 259.94 m²
• MLS: 24452016
• Web ID: XPDHWA
• Status: Available