House for sale • 166 m² without real estate, North Rhine-Westphalia

For sale is a well-maintained two-family house in Altena with approximately 190 m² of living space and additional potential for expansion in the attic.

Both residential units have separate entrances, providing extra comfort and making the property particularly attractive for owner-occupiers as well as investors.

The property was modernized in key areas in 2026. The house features a new gas heating system, renewed water pipes, modernized flooring, and renovated walls and ceilings. Additionally, one bathroom was completely overhauled and equipped with new sanitary fittings and a modern shower system.

Not only is the property suitable as a traditional owner-occupied home, but it also represents an attractive investment opportunity with diverse uses. Its division into two separate living units makes it possible to occupy one unit while permanently renting out the other. This arrangement can help offset ongoing financing costs through rental income and provide tax advantages associated with rented properties.

Furthermore, the property is also suitable as a complete investment by renting out both units. It presents an attractive concept for buyers looking to build long-term wealth or strategically optimize their housing costs, combining owner-occupation, rental income, and additional development potential.

One of the units is currently rented and generates regular rental income.

The property is especially appealing thanks to the large, currently undeveloped attic with additional expansion potential. Piping for a possible extension of the heating system has already been prepared.

Overall, the house offers versatile opportunities – ideal for families, investors, and capital investors alike.

Located in Altena, the property is conveniently situated with quick access to shopping facilities, schools, kindergartens, and other daily amenities.

The surrounding towns and transportation links are easily accessible. The location is well-suited for both owner-occupiers and renters, further enhancing its appeal as an investment property.

By offering a combination of living space and rental potential, the location provides an attractive opportunity for buyers looking to integrate living, wealth accumulation, and long-term investment.