YIELD > 7% possible, either through personal use or as an investment property. Multi-family house with development potential, approximately 350 square meters.

This property is perfect for owner-occupiers who also want to generate rental income. The tenants essentially help to cover your own living expenses. The property is fully let, resulting in total gross rental income of approximately €51,000 per year. This is also an ideal opportunity for pure investors to achieve high returns. Please note: the commercial unit (approximately 45 m²) is not included in the stated living area. This multi-family house (likely built around 1900; extension likely around 1990) with five residential units and a rented commercial unit represents an attractive investment opportunity with ongoing cash flow and significant development potential. Another highlight is the estimated potential for further development of approximately 350 m², which – subject to official approvals – could enable the creation of additional residential units, leading to a significant increase in rental income and property value. Some of the windows are made of plastic with double glazing, while others are made of wood. The heating system was renewed in 2018 and provides a good technical foundation. The floor plans shown in the images are for illustrative purposes only and are not binding.

The property is centrally located in Markt Rettenbach (87733). All facilities for daily needs such as a bakery, butcher, grocery store, doctor, bank, kindergarten and a bus stop are within easy walking distance.

At the same time, you can be in the countryside in just a few minutes and enjoy the peaceful, rural surroundings of the Allgäu.

The proximity to Ottobeuren and the location between Kempten, Memmingen and Mindelheim make the location particularly attractive. The A96 highway can be reached quickly and provides good regional and national connections.

The house is south-facing with its balconies and therefore offers plenty of sun and a pleasant living atmosphere.