House for sale • 363 m² without real estateGreifenklaustraße 10, , Bavaria

You save 23,750 euros on broker commission!

For sale is a vacant 5-family house, consisting of two semi-detached houses built in 1966 and 1994. The property offers approximately 362 m² of living space on a plot of about 877 m² and features 5 self-contained apartments.

The advantage for investors: The house is completely vacant and can be re-let without any existing tenancies or potentially subdivided. Short-term rentals as holiday apartments or for tradesmen are also conceivable.

Key Data:

- Purchase price: €650,000

- No commission for the buyer

- 5 self-contained apartments

- Approximately 362 m² of living space

- Approximately 877 m² of land

- 2 semi-detached houses

- Years of construction: 1966 and 1994

- Fully basemented

- Finished basement developed into a living area with two rooms plus bathroom and kitchen, approx. 70 m²

- 1 double carport with an annex/garden house included in the purchase price

- 8 outdoor parking spaces included in the purchase price

- Oil-fired central heating per semi-detached house: built in 1994 and 2004

Condition:

- 2 apartments newly renovated, in excellent condition

- 2 apartments well-maintained, in very good condition

- 1 apartment in need of renovation

- Finished basement renovated, in excellent condition with rental potential

- 5 fitted kitchens available, 4 of which are new

- Fitted kitchens are not included in the purchase price and can be acquired separately

Rental potential: approximately €3,700 per month or about €44,400 per year (excluding the basement apartment). This yields a return of about 6.83%, corresponding to a factor of approximately 14.6.

See for yourself and schedule a viewing appointment!

Reckendorf is a popular and sought-after residential area in the Bamberg district. The town impresses with its family-friendly environment, good infrastructure, and an ideal train connection to Bamberg.

On site, you will find, among other things, an elementary school, a kindergarten, shopping facilities, and a supermarket. The well-known brewing culture, abundant nature, and numerous recreational opportunities also contribute to the high quality of life.

Due to the good transport connections, the quiet residential area, and the family-friendly structure, Reckendorf is also in high demand among prospective tenants.