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Investment opportunity with potential – 4-family house with separate apartments and 4 land registry entries, located in 32278 Kirchlengern.

32278 Kirchlengrn (Kirchlengern) – Nordrhein-Westfalen
895.000 €
488 m²
Living Area
754 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

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 separate property register. The solid 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 details:
• Year built: 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 garden access
• Annual gross rent: €37,672
• Energy efficiency class: D / 125.3 kWh/(m²a)
• District heating (EWB) / Gas condensing central heating (heating system replaced 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
• Preparation for wallboxes, assigned to 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.

Are you interested in this offer?

Object Number
OM-479754
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
895.000 €
Purchase additional costs
approx. 69,084 €
Total costs
approx. 964,083 €

Breakdown of Costs

Purchase price 895.000 €
Real estate transfer tax 58,175 € (6.50%)
Notary costs 7,211 € (0.81%)
Land register entry 3,698 € (0.41%)
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: 3,395€

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 3.69%

Details

Condition
Modernized
Number of floors
4
Total area
488 m²
Number of garages
4
Net rental income (actual) p.a.
37672 €
Number of units
4
Heating
Central heating
Year of construction
1976
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Comprehensive school, Public transport

Location

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.

Location Check

Child Friendliness
Shopping
Health
Sports
Culture
Eating Out
Nature
Public Transport
Nightlife

Energy

Main energy source
Gas

PDF

Miscellaneous

We would be happy to send you a detailed prospectus with additional information about the property, the rental structure, and other relevant documents after you contact us. We arrange viewings on an individual basis.

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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