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Investment opportunity with development potential: multi-family and commercial building, including land.

66981 Münchweiler an der Rodalb – Rheinland-Pfalz
525.000 €
10
Room
405 m²
Living Area
879 m²
Plot Area
House
Multi-family house

This versatile residential and commercial property combines solid rental income, spacious living areas, and attractive development potential on a roughly 879 m² plot of land in the heart of the Palatinate Forest.

The property features four apartments, a separate studio apartment, a commercial unit (driving school) that is currently rented out, and a spacious conservatory/studio of approximately 100 m². In total, there are approximately 405 m² of living space and around 100 m² of additional usable space.

The current annual rental income is approximately €29,280, providing a solid foundation for investors. At the same time, the spacious plot of land offers diverse opportunities for future projects or long-term appreciation.

In recent years, the property has been extensively modernized. Several apartments have been completely renovated, electrical and plumbing systems, as well as the heating system, have been renewed, new flooring has been installed, modern bathrooms and kitchens have been fitted, and in 2023, an efficient gas condensing boiler was installed. The property is further enhanced by a digital heating system, two garages, and two outdoor parking spaces.

Are you interested in this house?

Object Number
OM-481748
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
525.000 €
Purchase additional costs
approx. 33,225 €
Total costs
approx. 558,224 €

Breakdown of Costs

Purchase price 525.000 €
Real estate transfer tax 26,250 € (5.00%)
Notary costs 4,617 € (0.88%)
Land register entry 2,358 € (0.45%)
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: 2,044€

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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 3.84%

Details

Condition
Modernized
Number of floors
2
Usable area
100 m²
Bathrooms (number)
4
Bedrooms (number)
6
Number of garages
2
Number of parking lots
2
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1963
Equipment
Basement

Information on equipment

Features:
This property has been continuously modernized in recent years and is in well-maintained condition. Thanks to the extensive renovation work, the property offers a solid foundation for both owner-occupiers and investors. Key features include:
* Four residential units, plus an additional separate apartment
* Rented commercial unit
* Approximately 405 m² of living space and approximately 100 m² of usable space
* Spacious conservatory or studio, approximately 100 m²
* Gas condensing boiler (year of construction 2023)
* Digital heating system
* Renewed electrical, water, and heating pipes in several residential units
* Modernized bathrooms and kitchens
* New flooring in the renovated apartments
* Partially renewed windows
* Two garages, plus two outdoor parking spaces
* Basement with additional storage and usable space
* Solid rental income from already rented units
* Spacious plot with further development potential
Modernizations (selection): 2022: Renovation of the ground floor apartment (electrical wiring, flooring, heating and water pipes, partial window replacement).
2022: Modernization of the upper floor apartment (electrical wiring, flooring, heating and water pipes).
2023: Renovation of the bathroom and kitchen on the upper floor.
2023: Installation of a modern, high-efficiency gas heating system.
2024: Comprehensive renovation of the attic apartment (electrical wiring, heating and water pipes, flooring, kitchen, and bathroom).
2025: Complete modernization of the self-contained apartment.

The combination of previous modernizations, existing rental income, and the diverse usage possibilities makes this property an attractive investment with long-term potential.

Location

Münchweiler, located in the scenic Palatinate Forest, is one of the most desirable places to live in the South Palatinate district. The town excels due to its excellent combination of proximity to nature and good infrastructure. Shopping facilities, doctors, a kindergarten, a school, and numerous leisure activities are all located directly in the town or in the immediate vicinity. The nearby federal highway B10 provides quick access to Pirmasens, Landau, and Kaiserslautern, making the location particularly attractive for commuters. Hiking, cycling, and mountain biking trails, as well as numerous opportunities for recreation, further enhance Münchweiler's appeal as a popular place to live for nature lovers.

Location Check

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

Energy

Final energy consumption
187.60 kWh/(m²a)
Energy efficiency class
F
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

No commission fees for buyers!

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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