$401,118

This property in downtown Blankenburg is a lucrative investment.The property, built around 1911, is in good condition and has a living and usable area of approx. 731 m². There are 9 residential units with 466 m² over 4 floors and 2 commercial units (60 m² and 205 m²) on the ground floor. The trapezoidal 308 m² property is located in the center of Blankenburg in a developed side street.A special highlight of this property are two 3-room apartments, one is on the 2nd floor (approx. 67 m²) and the second is on the top floor with 78 m². These apartments not only have a beautiful view, but also a large roof terrace from which you can enjoy a unique view of Blankenburg. There are also three 1-room apartments (approx. 21-24 m²), two 2-room apartments (approx. 38.5 m²), a 5-room apartment on the 3rd floor and another 3-room apartment on the ground floor.The two commercial units are not rented and can be redesigned and used according to the owner's wishes. The commercial unit of 60 m² and the former pub with approx. 205 m² (including storage rooms in the basement) are ideal for a new rental concept.This is a very interesting investment property that you should not miss.The rental income is currently around €26,748 per year and can be increased significantly if the property is fully let.We are happy to be available for a visit.Ms. Keller "von Poll Finance" will be happy to help you with your financing.

Amenities

• Bedrooms: 9
• Full Bathrooms: 10
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 5,059 ft² / 469.99 m²
• MLS: 22323027
• Web ID: VSX3R4
• Status: Available