Centrally Located Apartment Building with Outdoor Spaces

EUR €529,000 (USD $616,371) *current conversion
Runkel, Germany

Property Highlights

  • Large living space of approx. 310 m²
  • Four apartments with balconies/terraces
  • Green outdoor areas for relaxation
  • Centrally located with good transport links
  • Nearby shopping, schools, and River Lahn
  • Potential to increase rental income

Overview

The apartment building is located on a plot of approx. 1089 m² and offers a living space of approx. 310 m² with a last modernization in 1989. The property has 4 apartments with balconies/terraces as well as green areas that offer residents a pleasant opportunity to relax outdoors. 3 apartments are rented out, while the spacious top-floor apartment is available for owner-occupation or rental. There is also potential for further rental space and for increasing rental income. The annual basic rent for full occupancy will be approx. 26,000 €. The building is centrally located and well connected to public transportation and infrastructure. Shopping facilities, schools, kindergarten and the River Lahn are within easy walking or cycling distance. Overall, this is a property that is ideally suited as an investment property.
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Property Features

Runkel, Germany offers the following features:

Bedrooms: 7
Bathrooms: 4 Full
Living Area: 3336.81sf
Property Type: Residential
Status: Active
Reference ID: 241889530

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