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

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For sale is a vacant five-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 newly let without any existing tenant relationships, or potentially divided for future use. Short-term rentals as holiday apartments or for workers (e.g., tradesmen) are also feasible.

Key Data:

- Purchase Price: €650,000

- Commission-free for the buyer

- 5 self-contained apartments

- Approximately 362 m² of living space

- Approximately 877 m² plot

- 2 semi-detached houses

- Year of construction: 1966 and 1994

- Fully basement

- Additionally, a finished basement in residential quality with two rooms plus bathroom and kitchen, approx. 70 m²

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

- 8 outdoor parking spaces included in the purchase price

- Oil-fired heating systems (per semi-detached house): built in 1994 and 2004

Condition:

- 2 apartments newly renovated, in top condition

- 2 apartments well-maintained, in very good condition

- 1 apartment in need of renovation

- Finished basement renovated, in top 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 at least approximately €44,400 per year (without the basement apartment). This results in a yield of around 6.83%, which corresponds to a factor of approximately 14.6.

See it 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, a primary school, a kindergarten, shopping opportunities, and a supermarket. The well-known brewery culture, abundant nature, and numerous recreational options also contribute to the high quality of life.

Due to its excellent connectivity, quiet living environment, and family-friendly structure, Reckendorf is also in high demand among those interested in renting.