$478,755

For sale is a solid three-family house consisting of 3 apartments with a total area of approx. 323.38 m² and a plot of approx. 685 m².The central location in Horstmar also offers a good infrastructure in the town and a good return for investors. All apartments are rented and the annual rent of €27,840 underlines the very good yield of this property.The apartment building was built in 1952 as a residential and commercial building and has undergone all the necessary maintenance measures over the years so that the building fabric has been well preserved. Nevertheless, it should be mentioned that the flat roof of the extension needs to be repaired and the electrics of the general hallway area would have to be separated from the large unit. The corresponding cost estimates have already been submitted. Furthermore, a refurbishment schedule for an energy-efficient refurbishment of the building has also been drawn up.The three residential units are spread over the first floor with two residential units and the top floor with one residential unit. All apartments have their own floor heating. The small ground floor apartment is suitable both for short-term rental as a vacation apartment and for long-term rental to individuals. A building permit from 2022, for the conversion of the commercial space and the furniture warehouse from 1970 (extension), was also granted by the district of Steinfurt.The property has 2 terraces (first floor apartment) and a roof terrace (top floor apartment). The rooms in all residential units are usable and have always been renovated for letting. The property also includes 3 parking spaces allocated to each unit.

Amenities

• Bedrooms: 0
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 3,480 ft² / 323.30 m²
• MLS: 23150054
• Web ID: AGGYGB
• Status: Available