House for sale • 251 m² without real estate, North Rhine-Westphalia

FREIESLEBEN-IMMOBILIEN presents this well-maintained multi-family house with plenty of potential. Currently, there are three apartments, two garages, and a building lot in a neat and quiet residential area of Olfen.

On the ground floor, a small fourth apartment could be created without much effort, and after obtaining approval, two additional apartments in the attic are possible. According to the district building authority, nothing stands in the way of this expansion.

The stylish, brick-clad multi-family house was built in 1955 using solid construction with a basement on a privately owned plot of approximately 646 m². In 1963 and 1971, the house was expanded by adding a solidly built extension. In 1978, the building was raised and expanded with new living space.

It currently offers about 251 m² of living space spread over three apartments.

The large apartment on the ground floor, with approximately 109 m² of living space, features a living room, a spacious kitchen with an adjacent open dining area, a bedroom, a guest room, a study, a daytime-light bathroom renovated about eight years ago, a renovated guest WC with shower, and an entrance hall. The layout can be quickly adapted to the new owner’s ideas through the existing door openings.

Alternatively, a new partitioning could create a new, small single apartment.

The apartment on the upper floor, formerly used as a holiday apartment, has been extensively renovated. The floors are tiled or covered with high-quality laminate. With about 88 m² of living space, this apartment offers a living room of approximately 25 m² with access to a west-facing loggia, a large kitchen with dining area, a bedroom, a daylight guest WC or utility room, a shower room, another bedroom, and a hallway also with access to the loggia. This apartment is equipped with EVO electric radiators.

The smaller and very well-partitioned apartment on the upper floor, with approximately 54 m² of living space, features a living room, a large kitchen, a bedroom, and a daylight bathroom.

The attic is partially converted into living space and features a north-facing loggia with beautiful evening sun. A bathroom, a WC, and connections for a kitchen are available. After obtaining approval from the building authority, new, attractive living space can be created here.

The well-maintained basement contains four rooms, two of which are used as a utility/technical room and for drying laundry.

The basement windows were renewed in 2024.

The easy-care, fenced garden plot invites you to enjoy pleasant moments outdoors with its covered terrace and garden house. This garden plot can also be developed.

The apartments were heated using night storage heaters, which have now been disposed of. A gas line is present in front of the house, so a gas central heating system could be installed by the new owner. An alternative would be the installation of cost-effective, modern infrared radiators. The south-facing roof side offers the possibility for solar usage.

A fiber optic cable is also available in front of the house, enabling a connection to the fiber network by the new owner.

The windows in the apartments are double-glazed.

For cars, the two garages and 2 parking spaces are available.

The house will be vacated.

If fully rented, the property could generate a cold rent income of €25,650 annually.

The annual property charges amount to €895.47.

The two garages were built in 1958 and 1977, respectively, also using solid construction.

The attractive house is located in a well-kept residential area of the city of Olfen with a relaxed building style.

In the immediate vicinity, there is a comprehensive school and a kindergarten.

The town center of Olfen—with its shopping options, restaurants, and various medical practices—is within walking distance.

The high recreational value and pleasant living environment in the town ensure a continuously high demand for rental apartments.

The nearby Steverauen invite you to take leisurely walks in nature.

The three-castle town of Lüdinghausen or Nordkirchen, with its well-known castle, can be reached by a relaxing bike ride.

By car, from Olfen you can quickly reach the B58, B235, and B236, which provide a good connection to the A2 and A43 motorways and thus to the cities of the Ruhr area and Münsterland. Travel times to Münster, Essen, or Dortmund are approximately 30-45 minutes.

- Well-maintained, brick-clad multi-family house

- Built in 1955, extensions in 1963, 1971, and 1978

- Solid construction

- 3 apartments

- Approximately 251 m² of living space

- Attic with development potential

- Basement

- 2 loggias

- Approximately 646 m² private plot

- Easy-care, fenced garden plot

- 2 garages

- 2 additional parking spaces

Would you like to view the property immediately?

Then please send us an inquiry via the contact form or by email at: info@immobilienmakler12.de, and we will contact you promptly.

Written inquiries are processed significantly faster than telephone inquiries!

NO COMMISSION FOR THE BUYER

This is a non-binding offer from

FREIESLEBEN GmbH,

Bilholtstraße 23

59399 Olfen

Tel.: 02595 - 387 99 66

Internet: www.immobilienmakler12.de

Email: info@immobilienmakler12.de

You can reach us by phone from MONDAY to SUNDAY from 7:00 a.m. to 10:00 p.m. On weekends, we also offer our services for property valuations, property viewings, and personal introductions.

Regarding the property, we rely on the information provided by the owners and authorities. We cannot accept any liability for the accuracy and completeness of the information provided. Furthermore, no guarantee can be given for the property, and liability for the liquidity of the contracting parties is excluded.

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Call us, we look forward to hearing from you!

Central Münsterland: Tel.: 0251 - 39 444 998

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