House for sale • 240 m² without real estate, Saarland

Attractive 4-Family House with Large Garden and Accessory Apartment – Ideal Investment Property

For sale is a sturdy 4-family house with an accessory apartment on a spacious plot. This property impresses with its excellent residential location, large garden, and attractive rental yield potential, making it ideally suited as an investment or for partial owner-occupation.

Property Description

The multi-family house comprises a total of 4 residential units with an overall living area of approximately 240 m². All units are separate and equipped with their own electricity and gas meters. The common area electricity (for the hallway lighting) also has its own meter. Currently, 3 apartments as well as the garage are rented. One apartment on the 1st floor is vacant and in need of renovation. The renovation costs can be taken into account during price negotiations, offering buyers the opportunity to specifically increase the value of the property. The large garden is available for the joint use of the tenants, significantly enhancing the quality of living.

Key Facts

• Total living area: approx. 240 m²

• Plot size: approx. 590 m²

• 4 residential units including an accessory apartment

• 3 apartments currently rented

• 1 apartment on the 1st floor vacant (in need of renovation)

• Garage rented

• Apartment sizes: 30 m², 75 m², 75 m², 60 m²

Current Gross Rental Income from Apartments:

€1,310 / month

• Garage rented for: €50 / month

• Total current gross rental income:

€1,360 / month

Potential rental income after renting the 4th apartment: approx. €2,000 / month

Investment & Financing

Thanks to the solid rental income, the property has the potential to cover its own costs in the long term or even pay for itself.