"No commission: Multi-family house with 5 apartments and approximately 467 square meters of living space."

For sale is a multi-family house with 5 residential units in Stolberg-Schevenhütte, offered without any commission fees. The building, originally constructed in 1977, offers approximately 466.66 square meters of living space on a plot of approximately 1,113 square meters. The change of use to a multi-family house with five units has been approved by the building authorities. Detailed plans and area calculations are available for each apartment. The property is currently rented and generates annual income of approximately €30,700. This includes the net cold rent of the apartments, the garage rental income, and the feed-in tariff from the existing photovoltaic system. The property includes a total of 5 parking spaces, including 1 garage space and 4 outdoor spaces. Each apartment has its own designated storage space. Numerous modernization projects have been completed in recent years, including the replacement of the gas-fired condensing boiler in 2019, as well as extensive work on the electrical and metering systems. Further work is planned and will continue until 2025. The building, due to its size, the five approved residential units, and the generous plot of land, offers interesting opportunities for investors. The property is explicitly offered as requiring renovation. Various completion and maintenance work are still needed, particularly in certain areas of the facade/brickwork, the extension, and the outdoor areas. Furthermore, there is a localized dampness issue in one apartment on the lower level, related to the terrace/drainage area above. The sale is being handled privately and without commission.

The multi-family building is located in Stolberg-Schevenhütte, in a residential area close to nature, on the edge of the Eifel region.

The surrounding area is characterized by plenty of greenery and offers a high quality of life and recreational opportunities. At the same time, essential amenities are easily accessible in the immediate vicinity.

A kindergarten, elementary school, shops, medical services, and a pharmacy are located nearby. There is also access to public transportation.

The location is particularly suitable for tenants and homeowners who prefer quiet, nature-oriented living, while also wanting to benefit from the proximity to Stolberg and the surrounding region.