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Multi-family house, 3-family house, Paderborn, Riemeke.
33102 Paderborn – Nordrhein-WestfalenResidential and commercial building in a central location – well-maintained, continuously modernized, attractive return on investment.
For sale is a spacious residential building with a total of 292 square meters of living space on a 227 square meter plot of land. The property consists of three full floors:
Ground floor: approximately 98 square meters
1st floor: approximately 98 square meters
2nd floor: approximately 96 square meters
The current gross rental income is approximately €8.10 - €9.00 per square meter, which corresponds to a potential annual rental income of around €29,784.
Continuous modernization and renovations:
The property has been continuously maintained and modernized, so there are no outstanding maintenance issues. Examples:
2022: Roof renovation, basement renovated (walls and floors)
2021: 2nd floor – bathroom completely renovated, flooring/laminate, painting, kitchen tiled
2019: Parking space created, blinds replaced
2015: New central gas condensing boiler (Buderus), additional sanitary work
2012: Courtyard and garden repaved
2007: Insulation of all apartments, new ceilings (gypsum), renewed apartment entrance doors, staircase/railings renovated, windows replaced, intercom systems installed.
Special advantages:
- Attractive rental situation with a solid return on investment
- Continuously invested in, modernized and maintained
- Central, highly desirable location
- Ideally suited for both investors and owner-occupiers.
Other:
- Private sale, commission-free – no real estate agent
- Viewings are welcome upon presentation of a financing confirmation.
Are you interested in this house?
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Object Number
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OM-475167(wgl-729347)
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Object Class
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House
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Object Type
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Single-family house
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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745.000 €
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Purchase additional costs
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approx. 57,592 €
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Total costs
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approx. 802,591 €
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Breakdown of Costs
* 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: 2,786€
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Details
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Bathrooms (number)
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3
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Bedrooms (number)
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3
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Number of parking lots
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1
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Year of construction
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1938
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Location
Location Check
Miscellaneous
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