$502,706

The property on offer is a solidly constructed apartment building built in 1968 with a total of seven residential units and a commercial unit on the first floor. The restaurant space is currently operated as a pub and represents an interesting addition to the residential use. The solid construction of this building period impresses with its durable structure and functional floor plans. The apartments are spread over several floors and most of them have compact, easily usable layouts - attractive for both owner-occupiers and investors. The current net cold rent amounts to €2,482 per month or €29,784 per year, which also makes the property an interesting investment from an economic point of view. With a purchase price of € 429,000, this results in a gross initial yield of approx. 6.94 %. The restaurant unit integrated into the building contributes to the mixed use and a lively environment. Overall, the property offers a balanced combination of residential and commercial use - with a solid rental level and potential for long-term income or future development.

Amenities

• Bedrooms: 10
• Full Bathrooms: 7
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1968
• Built in 1968
• Home size: 4,531 ft² / 420.94 m²
• MLS: 25075009
• Status: Active