House for sale • 365 m² without real estate, Hesse

Attractive Multi-Family Home as an Investment Property in Rabenau-Geilshausen – Private Sale, No Commission!

For sale is a multi-family home in the idyllic district of Geilshausen in the municipality of Rabenau (35466). The property represents a solid and sustainable investment and impresses with long-term rented residential units, stable rental income, and a quiet, desirable residential location.

Property Description

The multi-family home was originally built around 1950, expanded in 1983, and completely renovated in 2016, creating additional living space. Remaining work offers the buyer individual design options. Today, the property has five residential units that are rented out on a long-term basis. The total living area is approximately 365 m² and is complemented by practical usable areas such as basement rooms and a garage. The property is in solid condition and offers investors immediate, predictable returns through existing rental agreements. The annual net rent is approximately €23,160. Since there has been no rent increase for many years, there is an opportunity to adjust the current net cold rent to the rent index.

Features & Key Facts

• Multi-family home with 5 residential units

• Approximately 365 m² living area plus usable space

• Built around 1950

• Expansion in 1983, renovation in 2016

• Oil central heating

• Basement and garage available

• Rented on a long-term basis

• Solid tenant structure

Note

Private sale – No broker.

Broker inquiries are expressly not desired and will not be answered.

Location Description – Rabenau-Geilshausen

The property is located in the quiet town center of Geilshausen, a charming district of the municipality of Rabenau in the Giessen district. Geilshausen is characterized by its rural idyll, a pleasant neighborhood, and a quiet living environment.

Shopping opportunities, schools, kindergartens, and medical care are available in the surrounding districts and can be reached within a few minutes. The university town of Giessen is well connected and quickly accessible by car as well as by public transport. Additionally, the area offers numerous local recreational opportunities such as hiking and cycling paths.

Conclusion

This multi-family home offers an attractive opportunity for investors who value stable rentals, developmental potential, and a quiet, well-connected location.

The multi-family home has five apartments, each with its own independent entrance. The apartments offer living areas of approximately 82.5 m², 55 m², 73 m², 80 m², and 75 m². One of the units is designed as a through apartment. The property has hardly any green space, thereby significantly reducing the maintenance effort for investors.

Furthermore, this investment property also offers the possibility of private use, so that part of the property can be used individually.

Thus, the property not only represents a solid investment but also offers lower management effort and simultaneous flexibility for personal use.