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Multi-family house with 3 apartments, offering a 6.87% yield.

55413 Oberheimbach – Rheinland-Pfalz
629.000 €
11
Room
355 m²
Living Area
691 m²
Plot Area
House
Multi-family house

Attractive investment property with a current potential return of approximately 6.87%, and already divided into 3 apartments.

For sale is a well-maintained multi-family building with a total of approximately 355 square meters of living space, situated on a plot of approximately 691 square meters in a quiet, dead-end street in Oberheimbach. The property offers an attractive combination of solid rental income, spacious apartments, and additional development potential – ideal for investors and owner-occupiers alike. A particular advantage is the existing division into three independent apartments, each with its own land registry entry. This provides the long-term possibility of selling the apartments individually or using them flexibly (e.g., partial owner-occupation + rental).

Investment & Return:
The property is currently fully rented and generates monthly gross rental income of €3,605.
Annual gross rental income (ACTUAL): €43,260
Gross return: approximately 6.87%
Factor: 14.54
Annual gross rental income (PROJECTED): €46,860
This means that the property offers a return above the average for the region and represents a solid investment with a stable cash flow.

Property Details & Highlights:
• Approximately 355 square meters of living space
• Approximately... 691 m² plot of land
• Approximately 133 m² of living space
• Approximately 220 m² of garden area
• 3 residential units
• Already divided into 3 apartments (declaration of division and land registry entry)
• Double garage
• Approximately 8 parking spaces in front of the house
• Quiet location in a cul-de-sac
• Spacious layouts
• Potential for a photovoltaic system
• Possible attic conversion potential
Condition & Prospects
The property has been continuously maintained and kept in good condition. Measures already carried out (including window replacements and insulation) ensure a solid overall condition without any immediate need for major renovations. In addition, the property offers further development potential – both in terms of future appreciation and possible optimization of its use. Note:
Out of respect for the privacy of the tenants, this advertisement has been partially anonymized. We will gladly provide further documents, floor plans, and additional photos to interested parties.

Are you interested in this house?

Object Number
OM-475563(wgl-1272146)
Object Class
House
Object Type
Multi-family house
Handover from
By arrangement

Purchase price & additional costs

purchase price
629.000 €
Purchase additional costs
approx. 39,630 €
Total costs
approx. 668,630 €

Breakdown of Costs

Purchase price 629.000 €
Real estate transfer tax 31,450 € (5.00%)
Notary costs 5,403 € (0.86%)
Land register entry 2,778 € (0.44%)
Broker commission 0€ (0%)

* 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: 2,537€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.05%

Details

Bathrooms (number)
3
Bedrooms (number)
7
Number of parking lots
8
Year of construction
1975

Location

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Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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