Combining personal use and investment – Multi-family house with further development potential, approximately 350 square meters.

This property is ideal for owner-occupiers who also want to generate rental income. The tenants essentially help to cover your own living expenses. Currently, 2 apartments on the ground floor and the commercial unit are rented out. The gross rent is currently around €2,100 per month. On the first floor, there are now 2 apartments available, and the 5-room apartment is rented out for €1,050 gross per month. One of the two available apartments is currently rented out for €650 gross per month, and the second available apartment is estimated to generate an additional €400 gross per month. This brings the total gross rental income to approximately €51,000 per year. This property also presents 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 building (likely built around 1900; extension likely built around 1990) with five apartments and a rented commercial unit represents an attractive investment opportunity with ongoing cash flow and significant potential for development. Another highlight is the estimated development reserve of approximately... 350 m², which – subject to obtaining the necessary permits – could allow for the creation of additional residential units, thereby significantly increasing rental income and the property's value. Some of the windows are made of plastic with double glazing, while others are made of wood. The heating system was replaced in 2018 and provides a solid 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.