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Affordable investment property with 4 residential units, 3FH + granny annexe on the edge of the forest

69517 Gorxheimertal (Trösel) – Hessen
345.000 €
10.5
Room
277.50 m²
Living Area
1,017 m²
Plot Area
Private offer
House
Multi-family house

From private owner! Quiet and green location on the edge of the forest: former Trösler schoolhouse from around 1900 (probably 1908).
Charming, three-storey apartment building with potential for expansion, including a romantic little two-storey granny annexe from 1970.
The MFH is one half of a semi-detached house, from the street view there are 5 windows per floor, 3 of the windows, thus approx. 3/5 of the building width belong to the multi-family house offered here.

All residential units run on a central oil heating system (built in 2017).
The low price is due to the upcoming measures.
The roof should be re-roofed and insulated in line with the times. Since the top floor (approx. 80 m²) is currently not rented out, a renovation would be a good idea here; work has already begun on a toilet and new drainage system. The associated balcony was renewed approx. 8 years ago and is in very good condition.
The 1st floor (approx. 83 m²) is freshly renovated and rented, the photos are approx. 6 months old.
The ground floor (approx. 65 m²) is rented, for privacy reasons there are no photos here.
The 2-storey basement (sandstone, not dry) offers storage space and contains the heating system and the oil tank.
The existing electrical installation is 2-core, for stove connections and instantaneous water heater was partially modernized here.
A few windows in the main building are still single glazed with an upgrade glass frame from the outside.

The small house (approx. 49.5 m²) from the 70s was renovated in 2016, see photos from that time, here too there are no current photos due to the privacy of the tenant.
A completely new, insulated roof truss was built here in 2016, a heating pipe was laid from the main house, and the floor structures were renewed, insulated and sealed, as well as diffusion-open insulation of the rear wall to the slope.
A wood-burning stove provides additional coziness in winter.
The terrace is currently in a very poor condition and needs to be renewed, the photo shows an old state, as potential.

Are you interested in this house?

Object Number
OM-394291
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
345.000 €
Purchase additional costs
approx. 25,454 €
Total costs
approx. 370,454 €

Breakdown of Costs

Purchase price 345.000 €
Real estate transfer tax 20,700 € (6.00%)
Notary costs 3,142 € (0.91%)
Land register entry 1,613 € (0.47%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,254€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.45%

Details

Condition
In need of renovation
Number of floors
3
Usable area
100 m²
Bathrooms (number)
4
Number of garages
3
Number of parking lots
1
Flooring
Laminate, Carpet, Tiles, Vinyl / PVC
Year of construction
1908
Equipment
Balcony, Garden, Basement, Fitted kitchen, Guest toilet, Fireplace
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Public transport

Information on equipment

There is also a barn with approx. 40 m² of storage space on the double garage, as well as a garage in need of renovation on the opposite side of the road and a further parking space.
From this parking lot, the property extends to the "Grundelbach".

An ideal investment for the handyman!

Location

Quiet location in a side street, bus stop within walking distance, playground nearby, no noisy businesses or similar within earshot. Good cohesion of the residents (neighborhood help, street party etc).

Location Check

Nature
Health
Sports
Eating Out
Shopping
Nightlife
Culture
Public Transport
Child Friendliness

Energy

Energy efficiency class
H
Energy certificate type
Demand certificate
Main energy source
Oil
Final energy demand
350.48 kWh/(m²a)

Miscellaneous

Before a viewing, we would be pleased to receive a telephone call, as well as obligatory proof of solvency.
Please introduce yourself briefly by message and include a telephone number and convenient times for a call and we will get back to you.
Please no estate agent inquiries for exclusive use.

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