$444,367

This multi-storey residential and commercial building, built around 1930, is centrally located in the charming town center of Kevelaer - a traditional and beautiful pilgrimage town on the Lower Rhine. The property combines historical flair with solid building fabric and, thanks to its layout, offers a wide range of possibilities for both investors and future development ideas. The property consists of a main house and an elongated extension and comprises a total of two commercial units and four apartments spread over three floors. All units are let, which means that the property generates income from day one. The building also has a partial basement: the crawl space serves as additional storage space. Layout in detail Ground floor: Two commercial units - currently used as a travel agency and art exhibition. First floor: Two apartments with approx. 70 m² and 40 m² of living space. Top floor: Two further apartments with approx. 47 m² and 46 m² of living space. This results in a total living space of approx. 203 m². One apartment is fully furnished, two others have a fitted kitchen that is also rented out. The commercial space is approx. 100 m² and is divided into approx. 19 m² and 81 m². The larger unit also offers an additional usable area of around 30 m² with a staff kitchen, storage room and sanitary facilities. In the inner courtyard there is space for a small seating area and storage space for bicycles. The property has a total size of approx. 607 m². Condition and potential: The condition of the house can be described as "medium". On the one hand, extensive renovations were carried out between 2000 and 2002, such as all bathrooms and the heating system. On the other hand, the windows and roof are in need of renovation. Some windows should be replaced in the near future. The roof should be replaced in the next few years if possible (this has already been taken into account in the purchase price). Subsidies could be applied for here - we would also be happy to support you in this regard. Yield: Thanks to full occupancy, you can currently expect rental income of around € 25,000 per year. A versatile property in a central location with a secure rental income - at the same time, it offers you scope for modernization and potential for value appreciation. The best way to find out more about the furnishings and atmosphere of this house is to come and view it in person. Please note that the attached pictures are initially only a small selection.

Amenities

• Bedrooms: 7
• Full Bathrooms: 6
• Partial Bathrooms: 0
• Property Type: Manufactured In Park
• Year Built: 1930
• Built in 1930
• Home size: 2,185 ft² / 202.99 m²
• MLS: 25452016
• Status: Active