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INVESTMENT PROPERTY WITH DEVELOPMENT POTENTIAL.
65594 Runkel – HessenFor sale is a charming multi-family house in an absolutely central location in Runkel, on the Lahn river. The train station, with direct connections to Limburg, Frankfurt, and Koblenz, is within walking distance in just a few minutes. This makes the property equally interesting for investors, developers, and value-add investors.
KEY FEATURES:
- A total of 4 residential units, approximately 290 m² of total living space.
- 1 residential unit (on the ground floor, right side) is completely renovated to a high standard and is immediately available.
- 3 residential units are currently in their existing condition and have development potential.
VALUE ENHANCEMENT POTENTIAL: ATTIC
The attic can be completely renovated and converted into two additional apartments. This would transform the property from a 4-unit building into a total of 6 rentable units – a significant increase in value.
FINANCIAL INCENTIVES: KfW-261
A funding concept from a certified energy consultant is already in place for the energy-efficient renovation. The property is eligible for the KfW-261 "Residential Building - Loan" with an energy-efficient standard of 55, including a bonus for "Worst Performing Building" and serial renovation. The loan amount is up to €150,000 per residential unit, with a repayment subsidy of up to 45%.
PARKING / OUTBUILDING
- 1 spacious double garage.
- 1 additional single garage.
Are you interested in this house?
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Object Number
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OM-476410
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Vacant
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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399.000 €
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Purchase additional costs
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approx. 29,311 €
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Total costs
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approx. 428,310 €
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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: 1,551€
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Details
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Condition
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In need of renovation
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Number of floors
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2
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Usable area
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130 m²
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Bathrooms (number)
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4
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Number of garages
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3
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Flooring
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Tiles, Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1930
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Equipment
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Balcony, Terrace, Basement, Shower bath, Guest toilet
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, Comprehensive school, Public transport
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Location
LOCATION — RUNKEL, ON THE LAHN RIVER
- Directly next to Runkel train station — excellent transport links for commuters.
- 5 minutes by train to Limburg.
- A3 motorway accessible in 10 minutes.
- Close to local amenities, schools, and doctors, all within walking distance.
Location Check
Energy
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Main energy source
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Oil
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Miscellaneous
- For sale directly by the owner, commission-free.
- Potential buyers are requested to provide a brief
creditworthiness assessment (self-disclosure/financing
confirmation).
- Viewings are by appointment only.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
Topic portals
Send a message directly to the seller
Questions about this house? Show interest or arrange a viewing appointment?
Click here to send a message to the provider:
Offer from: Dennis Penz
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