Investment opportunity | Package of 4 apartments | 488 square meters of living space | 4 garages | Potential for rent increases.

For sale is a multi-family house in a very good, central location in 32278 Kirchlengern (Herford district). The property has already been divided according to the German Condominium Act and consists of four independent apartments, each with its own property register. The solid-built building (built in 1976) offers a total living area of approximately 488 m² on a plot of approximately 754 m². All four apartments have approximately 122 m² of living space and are fully rented. Key features:
• Year of construction: 1976
• Plot size: approximately 754 m²
• Living area: approximately 488 m²
• 4 apartments with their own property registers
• 4 garages, 1 balcony, 2 loggias, 1 terrace with access to the garden
• Current rental income: €37,672, with the potential for rent increases to approximately €40,936 per year from 2028, subject to legal feasibility.
• Energy efficiency class: D / 125.3 kWh/(m²a)
• District heating (EWB) / Gas condensing central heating (heating system installed in 2013)
• Possibility to install fireplaces (subject to approval), separate chimney
• Windows replaced
• Water pipes replaced
• Fiber optic connection
• Separate heat, electricity, and water meters. Utility companies bill the tenants directly.
• Preparation for wallboxes, assigned to the individual apartments.

The property is suitable both as a long-term investment and, due to the existing condominium structure, potentially for the later individual sale of the apartments.

Municipality of Kirchlengern, Herford district.
Quiet location at the end of a dead-end street. Located very close to the cemetery. Not far from the town hall, the town center, and the train station.