House for sale • 363 m² without real estateGreifenklaustraße 12, , Bavaria

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For sale is a five-family house, consisting of two semi-detached homes built in 1966 and 1994. The property offers approximately 362 m² of living space on a plot of about 877 m² and comprises 5 separate apartments.

The apartments are currently rented out. Depending on the buyer's wishes, the property can be delivered completely rented, or with some units left vacant for personal use or individual re-letting.

One attic apartment is currently undergoing renovation and will be completed fully renovated by the time of sale.

Key Data:

- Purchase price for the residential building: 599,990 €

- Commission-free for the buyer

- 5 separate apartments

- Approximately 362 m² of living space

- Approximately 877 m² plot

- 2 semi-detached homes

- Year built: 1966 and 1994

- Fully basemented

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

- Carport with annex: 25,000 €

- 8 outdoor parking spaces at 5,000 € each = 40,000 €

- Oil heating systems for each semi-detached home: built in 1994 and 2004

Condition & Equipment:

- 4 apartments newly renovated – in top condition

- 1 attic apartment is currently under renovation and will be completed fully renovated

- Renovated finished basement in top condition with additional rental potential

- 5 fitted kitchens available, 4 of which are new

- Fitted kitchens available separately: 15,000 €

Purchase Price Overview:

- Residential building: 599,990 €

- Carport with annex: 25,000 €

- 8 outdoor parking spaces: 40,000 €

- 5 fitted kitchens: 15,000 €

Total price: 679,990 €

Rental & Yield Potential:

The apartments are currently rented out. Depending on the buyer's wishes, the property can be delivered fully rented or with individual vacant units.

The achievable rental potential is approximately 4,100 € per month, or at least about 49,200 € per year.

At a total price of 679,990 €, this corresponds to a gross rental yield of approximately 7.2% and a factor of about 13.8.

An interesting opportunity for investors seeking a renovated multi-family house with attractive returns and five separate units.

See for yourself and schedule a viewing appointment!

Greifenklaustraße 10 and 12, 96182 Reckendorf

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

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

With its good connectivity, quiet residential setting, and family-friendly structure, Reckendorf is also highly sought after by potential tenants.