Multi-family house with significant potential for appreciation, located in an excellent area.

This property offers investors excellent "value-add" potential through targeted renovations and long-term development.

This solid multi-family building, built in 1982, comprises 8 residential units, of which 2 are currently rented. The total living area is 536.4 m2, and it sits on a generous plot of land (1210 m2) with the potential for expansion (building permit inquiry has been made for the existing building). There is significant potential to increase rental income through the renovation of the vacant units. The gas central heating system was renovated in 2011.

Excellent access to shopping facilities and public transportation. Close proximity to the coastal region.

Apartment sizes: 2 x 84.12 m2 (renovated, the 2 apartments have been combined), 2 x 90.19 m2, 2 x 80.94 m2, 1 x 28.61 m2, 1 x 27.96 m2. All apartments either have a balcony or a terrace.
Currently, 2 apartments are rented, allowing for the renovation of the remaining units.

Several parking spaces are available. A basement provides storage space for tenants.

Condition: 2 units in the basement have been renovated; the ground floor units still require renovation.

Vilshofen an der Donau offers a high quality of life combined with economic stability. The property benefits from its proximity to local amenities and excellent connections to the regional transportation network. The Passau-Vilshofen airport, serving general aviation, is just a few minutes away.

Passau is only 28 km away, and Bad Griesbach is just 23 km away.

This is a highly desirable location, both for tenants and for potential property developers.