RENT-FREE: A well-maintained multi-family house with a minimum return of 6.8% or a factor of 14, available without any rent payments.

You save €23,750 in real estate agent fees! For sale is a vacant 5-unit apartment building, consisting of two semi-detached houses built in 1966 and 1994. The property offers approximately 362 square meters of living space on a plot of approximately 877 square meters and features 5 self-contained apartments. The advantage for investors: The house is completely vacant and can be re-let without existing rental agreements, or potentially divided in the future. Short-term rentals as vacation apartments or to construction workers are also conceivable. Key details:
- Purchase price: €650,000
- No fees for the buyer
- 5 self-contained apartments
- Approximately 362 square meters of living space
- Approximately 877 square meters of land
- 2 semi-detached houses
- Year of construction: 1966 and 1994
- Fully basement
- In addition, a basement level renovated to a high standard with two rooms, plus bathroom and kitchen, approximately. 70 m²
- 1 double carport with extension/garden house included in the purchase price
- 8 outdoor parking spaces included in the purchase price
- Oil heating systems for each detached house: built in 1994 and 2004
Condition:
- 2 apartments newly renovated, in excellent condition
- 2 apartments well-maintained, in very good condition
- 1 apartment in need of renovation
- Renovated basement, in excellent condition and with rental potential
- 5 built-in kitchens available, 4 of which are new
- The built-in kitchens are not included in the purchase price and can be purchased separately.
Rental potential: from approximately €3,700 per month, or at least approximately €44,400 per year (excluding the basement apartment). This results in a yield of approximately 6.83%. This corresponds to a factor of approximately 14.6. Convince yourself and arrange a viewing!

Reckendorf is a popular and sought-after residential area in the Bamberg district. The village is attractive due to its family-friendly environment, excellent infrastructure, and ideal transportation links to Bamberg.

The area offers a variety of amenities, including a primary school, a kindergarten, shops, and a supermarket. The renowned brewing culture, abundant nature, and numerous recreational opportunities also contribute to the high quality of life.

Due to its convenient location, peaceful residential setting, and family-friendly atmosphere, Reckendorf is also very popular with prospective renters.