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- Bad Hersfeld, 2-family house.
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Bad Hersfeld, 2-family house.
Hombergerstr. 67, 36251 Bad Hersfeld – HessenInvestment property in the city center of Bad Hersfeld: Rented house (130 m²) with potential for appreciation.
For sale is a charming single-family house, built in 1905, located in the heart of Bad Hersfeld. With approximately 130 m² of living space and an accompanying plot of land, this property offers a solid foundation for investors, craftsmen, or local investors. The property is conveniently located directly on the B324 road. This guarantees excellent visibility and easy access to all of the city's economic hubs. The house is continuously rented and generates a reliable net cold rent of 9576 euros per year. The property requires renovation due to its age, but this very fact creates significant potential for increasing both rental income and property value. A major advantage for the future owner: a modern, high-efficiency gas central heating system is already installed and fully functional, which significantly reduces the investment risk in the area of energy-efficient renovation. Key figures for investors:
- Purchase price: 230,000 euros
- Current rental income: 9576 euros per year. (Net yield)
- Gross yield: approximately 4.16%
- Purchase multiple: 24x
- Price per square meter: approximately €1,769 / m²
- Current rental rate: approximately €6.14 / m² (offers significant potential for adjustment after renovation)
Features & Condition
- Year of construction: 1905
- Living space: approximately 130 m²
- Heating: Modern gas condensing boiler central heating system
- Condition: Requires renovation / Renovation project with good structural integrity
- Rental status: Fully let
Included are a garage and three parking spaces, generating annual rental income of €600 to €720 for the garage, and approximately €540 to €720 for the parking spaces. Location
The property is located in the city center of Bad Hersfeld (postal code 36251). Due to its direct location on the B324, tenants or future users benefit from excellent transport links. Shops for daily necessities, schools, doctors, and the train station are within a few minutes' reach. The economically strong region (Central Germany logistics center) ensures a sustained demand for housing. The sale is being handled privately. There are no real estate agent fees. An energy performance certificate will be provided during the viewing. Please understand that viewing appointments can only be arranged by prior agreement and are only possible if you are seriously interested in the property, due to the existing tenancy agreement. The property description has been compiled based on information provided by the seller. The advertising agency has not verified this information and therefore cannot be held liable for its accuracy. This property is being sold privately, without commission. For further information and to arrange a viewing, please contact the owner directly at the following phone number: [Phone number removed] or by email: werner_riemenschneider(at)web.de, or contact our office for assistance at: Tel: [Phone number removed].
Are you interested in this house?
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Object Number
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OM-493635(13554)
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Object Class
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House
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Object Type
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Multi-family house
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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230.000 €
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Purchase additional costs
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approx. 17,406 €
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Total costs
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approx. 247,405 €
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Breakdown of Costs
* 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: 969€
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Details
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Condition
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In need of renovation
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Bathrooms (number)
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2
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Number of parking lots
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1
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Heating
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Central heating
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Year of construction
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1905
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Location
Location: Hombergerstr. 67, 36251 Bad Hersfeld
Bad Hersfeld, a town known for its festival and spa facilities, is the district town of the Hersfeld-Rotenburg district in northeastern Hesse. To the southwest lies the Vogelsberg region, to the northwest the Knüllgebirge mountain range, and to the northeast the Seulingswald forest. The nearest larger cities are Kassel, 52 km to the north, Gießen, 79 km to the southwest, Fulda, 36 km to the south, and Eisenach, 45 km to the east of Bad Hersfeld.
Location Check
Miscellaneous
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