Multi-family house in Rabenau, district of Geilshausen – Attractive investment property with potential.

Attractive multi-family house as an investment property in Rabenau-Geilshausen – Private sale, no commission! For sale is a multi-family house located in the idyllic district of Geilshausen in the municipality of Rabenau (35466). This property represents a solid and sustainable investment opportunity, with long-term rental agreements, stable rental income, and a quiet, desirable residential location. Property Description The multi-family house was originally built around 1950, extended in 1983, and extensively renovated in 2016, creating additional living space. Remaining work offers the buyer further opportunities for customization. Today, the property comprises five residential units, all of which are subject to long-term leases. The total living area is approximately 365 m², complemented by practical utility spaces such as cellars and a garage. The property is in good condition and offers investors an immediate and predictable return through existing rental agreements. The annual net rental income is approximately €23,160. Because no rent increases have been implemented in many years, there is an opportunity to adjust the current net rent to reflect current market rates. Features and Details: • Multi-family house with 5 residential units • Approximately 365 m² of living space plus utility space • Built around 1950 • Extension in 1983, renovation in 2016 • Oil-fired central heating • Cellar and garage available • Long-term leases in place • Stable tenant base. Note: Private sale – no real estate agent involved. Real estate agent inquiries are expressly not welcome and will not be answered.

Location description - Rabenau-Geilshausen
The property is located in the quiet center of Geilshausen, a charming part of the municipality of Rabenau in the district of Giessen. Geilshausen is characterized by its rural idyll, a pleasant neighbourhood and a quiet living environment.
Shopping facilities, schools, kindergartens and medical care are located in the surrounding districts and can be reached in just a few minutes. The university city of Giessen is well connected and can be reached quickly both by car and by public transport. The surrounding area also offers numerous recreational opportunities such as hiking and cycling trails.
Conclusion
This apartment building offers an attractive opportunity for investors who value stable rental income, development potential and a quiet, well-connected location.