House for sale • 250 m² without real estateHoher Klosterweg 3, , Rhineland-Palatinate

Multi-family house with 5 residential units, additional building plot and garden in Boppard – Commission-free

Purchase price: €367,000

For sale is a well-maintained multi-family house comprising a total of five residential units as well as an additional building plot and garden, located in the attractive area of Boppard on the Rhine.

Originally built around 1920, the building offers a total living area of approximately 250 m² and stands on an overall plot of about 659 m². The property is suitable both as a high-yield investment and for owner-occupiers who wish to live in one apartment and rent out the remaining units.

A particular advantage: all apartments are available on short notice. This allows for renting out at current market conditions or for the property to be used flexibly according to one’s own ideas.

Additionally, the property features an approximately 483 m² area of garden or building plot. According to the available property tax documents, this is classified as “buildable land.” Prospective buyers are advised to verify the specific buildability with the relevant building authority.

Layout

Ground Floor

• 1-room kitchen-bath apartment, approx. 30 m²

• 3-room kitchen-bath apartment, approx. 56 m²

• Shared courtyard

Upper Floor

• 4.5-room kitchen-bath apartment, approx. 80 m²

• Terrace

• Direct access to the garden

Attic Floor

• 1-room kitchen-bath apartment, approx. 30 m²

• 3-room kitchen-bath apartment, approx. 55 m²

The property is located in the central area of Boppard on the Rhine at Hoher Klosterweg 3.

Shopping opportunities, schools, kindergartens, doctors, the train station, and the historic town center can be reached within minutes. Free public parking spaces are located directly in front of the house, and the Marienberg parking garage is only about 50 meters away.

• Year built: ca. 1920

• Total living area: approx. 250 m²

• 5 residential units

• Plot with building: approx. 176 m²

• Additional garden/building plot: approx. 483 m²

• Total plot: approx. 659 m²

• Oil central heating, installed in 2017

• Renovation of the attic apartment, including a new bathroom, in 2020

• Energy consumption rating: 128.0 kWh/(m²·a)

• Energy efficiency class G

• Energy certificate dated 29.09.2018

• Immediately available

Ongoing Costs

• Property tax: €379.05 annually

• Building insurance: approx. €1,350 annually

Rental Potential

At market-standard renting conditions, the attractive rental potential is as follows:

• Target monthly rent (excl. utilities): approx. €1,750 to €2,000

• Target annual rent (excl. utilities): approx. €21,000 to €24,000

Usage Possibilities

• Investment with five residential units

• Multi-generational house

• Owner-occupier with additional rental income

• Fully rented out

• Development potential through the additional building plot

The apartments are in well-maintained condition and can be re-let on short notice or used personally. The current tenants are in the process of moving out, so the property can soon be handed over completely unoccupied.

Further information, photos, floor plans, and viewing appointments are available on request.