from private*KLEINOD with KARMA*SUPER YIELD*2 APARTMENTS*further development possible

*****SALE FROM PRIVATE TO PRIVATE*****
so there are NO brokerage fees!!!

Broker inquiries are unwanted.

This is a former excursion restaurant from 1930 with extensions from the 50s and 90s.
It is located directly opposite the bus stop and the Misburg cemetery and is accessible from the north via the street Am Fahrhorstfelde.
The Wietzegraben flows to the south, the property is bordered to the east by the bridge over the ditch and only to the west does it border a property that is also built on with a house with a granny apartment.

*****The big plus is that the surroundings will not change much. nothing can be built on three sides! But you yourself could still build on!*****

ECK DATA
There are TWO residential units in the house with a total of
155 sqm usable area/ 125 living space
of which on the ground floor 108 sqm NUF/ 90 sqm WF
of which on the upper floor 47 sqm NUF/ 35 sqm WF
The unit on the ground floor is barrier-free, the upper floor is accessible via an external staircase.

INCOME
The apartments are all stylishly furnished and let FULLY FURNISHED:
* The 4-room apartment on the ground floor to a shared flat (3 bedrooms),
* the 2-room apartment on the upper floor to a single person (1 bedroom).
The four individual rental contracts are not older than one year. Termination for personal use is possible.

* The NET cold rent for both units amounts to a total of EUR 1,800/month - EUR 1,100 for the ground floor + EUR 700 for the first floor
* Service charges are paid IN ADDITION to the net rent. The warm ancillary costs including property tax amounted to € 690/month for the ENTIRE HOUSE in 2024.
* SUPER YIELD:
The purchase price corresponds to 17.3 times the annual net cold rent!
* If, for example, you only use the ground floor and continue to rent out the top floor, you could finance up to €140,000 with the net rent of €700/month for the top floor.

PLOT OF LAND
The plot is overgrown with old trees, the Wietzegraben flows at the back - both of which already provide a very pleasant climate and very good karma at present and will be a blessing in times of climate change in the future!

The courtyard is paved with old natural stone. There is a bicycle shed of approx. 4 sqm for both units, connected to a wood store.

Rooms 2 and 3 of the ground floor apartment each have a small separate terrace facing south and the Wietzegraben.

The tree swing and fire basket tell of happy hours and the many possibilities that this special spot offers.

BUILDABILITY
***Bu­ilding is still possible on the plot!

Between the existing building and the neighboring house there is still room for a building section, which should be the same length and height as the neighbor's and be at the same distance from the border.

With the help of a preliminary design, you can agree with the building authorities which type of development will be accepted in principle.

The property is located outside of a development plan. In this case, §34 of the German Building Code (BauGB) applies and thus the so-called "integration requirement". It states that a building project must fit into the immediate surroundings.

POSSIBLE USES
This VALUABLE property offers the future owner many options, such as
* Leaving the existing tenancy agreements in place - very good yield: over 5%!
* Renovation
* Own use in parts or as a whole: ground floor and upper floor can also be connected to form one unit with an internal staircase.
* Use as a residential building or commercially, e.g. again as a restaurant/beer garden
* Structural extension of the existing building
* Demolition and complete rebuilding

NEIGHBORHOOD
Th­e neighborhood, consisting of only two parties in the neighboring house on the right, is pleasant, very quiet and courteous. A friendly chat over the garden fence is a casual occurrence.

INFRASTRUCTURE
Misburg-Nord is a middle-class district close to nature that promises peace and tranquillity. You can reach "Meyers Garten" on foot in 10 minutes, and it's a stone's throw by bike.
There is everything a family needs in terms of infrastructure: Retail, doctors, pharmacy, police, schools and the "Misburg" S-Bahn station. A crèche is just around the corner.

TRAFFIC
* Parking is always possible on the street or in the square opposite
* Good connection to A2 and A7
* Final stop BUS 124 Stadtfriedhof Misburg - directly opposite! - Line 124 runs every 20 minutes on weekdays
* S-Bahn station "Misburg" - STB 7, buses 124, 125, 127

1a RECREATION AREA
The city forest with the blue lake is right on the doorstep - this location is also ideal for four-legged friends!