Well rented income property in the town centre of Ehrenhausen – 5.2% yield!,

This extremely well maintained income property in the heart of the Ehrenhausen center represents an attractive opportunity for value appreciation and a solid capital investment.

The charming corner house is located directly on the main square and offers a splendid view over the entire square as well as of the historic churches and magnificent buildings in the surroundings.

Over the years the residential building has been maintained with great care and today presents itself in an exceptionally good condition. A comprehensive renovation took place in 1994. In the following years, among other things, the roof, the pipes (water and electricity) and the facade were renewed. In addition, the house was connected to the district heating network. Over time terraces were also added and the apartments were continuously renovated, in particular with regard to floors and bathrooms.

In total the property comprises five residential units as well as two commercial units and storage areas. The apartments are all well rented. Of the commercial spaces located in the basement, an art studio is currently rented, while another space is currently available.

The total usable area of the house is approximately 408 m². The plot itself covers approx. 338 m² and has an attractive building density of 0.5 to 2.0 in the core area. This results in additional development potential – an extension of the living space to up to about 520 m² appears possible.

Currently a yield of around 5.2% is achieved.

Arrange a non-binding viewing appointment today and convince yourself personally of this well-kept property.

(Net purchase price € 475.000,- + 20% VAT)

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <250m
  • Pharmacy <2.500m
  • Hospital <5.500m
• Children & Schools
  • School <500m
  • Kindergarten <4.250m
  • Higher school <8.000m
• Local supply
  • Supermarket <250m
  • Bakery <250m
  • Shopping center <2.000m
• Other
  • Bank <250m
  • ATM <250m
  • Post office <250m
  • Police <3.000m
• Transport
  • Bus <250m
  • Motorway junction <3.000m
  • Train station <500m

Information distances as the crow flies / Source: OpenStreetMap