6.9% Yield! Renovated multi-family house | 4 apartments | Pellet heating system | No commission fees.

For sale is a distinctive multi-family house (built around 1900) that underwent a comprehensive technical and energy-efficient renovation in 2022/2023. With a net annual cold rent of €38,200 and a purchase price of €564,000, you can achieve a gross return of approximately 6.9% (a factor of 14.5). "INVESTOR HIGHLIGHTS" AT A GLANCE:
4 built-in kitchens included, allowing for the potential exemption of €16,000 in property transfer tax. All apartments have been completely renovated and are currently rented. There are no outstanding payments. Seller financing:
I offer you a private loan of €40,000 at an interest rate of 4% (ideal for covering purchase-related costs), which, with subordinate security, reduces the required equity investment. RENOVATION & TECHNOLOGY (2022/2023):
Heating: Modern Fröling pellet heating system (2022) – CO₂ neutral and future-proof. Insulation: Top floor ceiling (U-value 0.14) and 60 mm internal insulation on all exterior walls. Windows: Complete replacement (2022/2023) with triple glazing, with mostly electric roller shutters (ground floor with double glazing). Fixtures and Fittings: All electrical systems and bathrooms have been completely renewed. LAYOUT (approximately 450 m² total living area):
Basement: approximately 60 m², 2 apartments with kitchen, bathroom, and living area, modern and bright. Ground Floor (Unit 1): approximately... 82 m², 3 rooms, kitchen, and bathroom. Accessible design with barrier-free access. Ground floor (Unit 2): approximately 59 m², 2 rooms, kitchen, and bathroom, with underfloor heating. 1st floor: approximately 130 m², spacious 5-room apartment. Attic: approximately 120 m², 6 rooms with underfloor heating. Additional features: storage room and cellar rooms. PARKING: 8 outdoor parking spaces directly at the property.

ENERGY:
Primary energy demand: 40.8 kWh/(m² * year)
Final energy demand: 148.0 kWh/(m² * year) (Class E)

The property is located in a central yet nature-oriented area of Elkenroth, a state-recognized recreational area in the Westerwald region. The municipality boasts an above-average infrastructure that caters to all the needs of daily life:

Shopping & Everyday Essentials: In the immediate vicinity, you will find modern supermarkets (REWE, Netto), bakeries, a butcher shop, and other specialty stores for daily needs.
Education & Childcare: Elkenroth is a family-friendly location with its own primary school and a kindergarten located directly in the village. Further education facilities are easily accessible by bus to neighboring towns (e.g., Gebhardshain or Betzdorf).
Medical Care: Healthcare is well provided by local general practitioners, dentists, and a pharmacy.
Banks & Service Providers: Branches of regional banks (Sparkasse/Westerwald Bank) and post offices are within walking distance.
Leisure & Nature: The absolute highlight is the Elkenrother pond. This popular recreational area invites you to take leisurely walks, relax in nature, or engage in sports activities. In addition, the village offers a vibrant community life and numerous sports opportunities.
Transportation:­ Due to its location on Betzdorfer Straße, residents enjoy quick access to the surrounding centers of Betzdorf, Wissen, and Hachenburg. The A45 and A3 motorways are approximately 20–30 minutes away.