House for sale 3+1 • 226 m² without real estateKaltbachstrasse 17, , Rhineland-Palatinate

The offered multi-family house dates back to the late 1920s. With its exterior, it blends into the neighboring buildings while stylizing Westerwald half-timbered construction with Art Nouveau elements from the 1920s.

The apartments are solidly equipped. Repairs have always been carried out promptly, so there is no backlog of investment. The heating system was completely renewed in 2023. At the offered price and with a gross yield of over 5% p.a., the house is an investment property with a reasonable return on both equity and/or borrowed capital. The location allows for a moderate but consistent increase in asset value.

With a rented area of 225 m², the house is divided over three floors into three apartments, all accessible via the staircase. The apartments are bright and light-filled. Each apartment features a living room and 2 bedrooms, a kitchen-dining room, a hallway, and a bathroom/WC.

The house has been in family ownership since 1993. The apartments have been continuously rented out for years with no vacancies. The collected rents are below the comparable market rents. The current net rental income is approximately €18,000 p.a. The ancillary costs are below average and amount to approximately €1.50/m² per month.

Nassau is located in the Lahn valley between the cities of Koblenz, Bad Ems, and Limburg and is nestled on the Lahn. The town is situated on the German-Dutch holiday road, the Oranier-Route. The Bäderstraße connects Nassau, over the Taunus towards the Lahn, with the cities of Wiesbaden, Schlangenbad, and Bad Schwalbach.

In Nassau, south of the Lahn, stands Nassau Castle. It is the namesake ancestral seat of the Counts of Nassau and thereby the communal ancestral castle of both the Grand Ducal House of Luxembourg and the Dutch Royal House of Orange-Nassau from the House of Nassau.

The offered property is located on a quiet street within walking distance to grocery stores, the center, public transportation, and the Lahn.

It comprises three apartments, all fully basement-finished – with laundry and drying room, terrace area, parking space, energy carrier gas, electrical water heating, and a central staircase.

Private sale on behalf – without broker’s commission.

The sale is commission-free directly from the owner. Only the usual ancillary purchase costs (real estate transfer tax, notary, and land registry fees) apply.

You are welcome to request our illustrated exposé.

To ensure a smooth process, we ask for your understanding that viewings are only granted to interested parties who can show proof of financing or equity.