Multi-family house with a 9% return.

The multi-family building on Wasenstraße in Idar-Oberstein was built in 1905 and is characterized by its historical charm and the solid construction typical of the turn of the century. The building comprises four floors with a total of seven residential units of varying sizes.

The property has been regularly maintained over the years and is in good condition. With its high ceilings, large windows, and classic architecture, the building offers a pleasant living environment with a unique character.

The staircase has been regularly maintained, and the communal areas are also in good condition. The property is suitable both as an investment and for owner-occupiers who appreciate the charm of a traditional building.

Wasenstraße is located in a quiet area in the central part of Idar-Oberstein (postal code 55743). The location offers a good connection to the city's infrastructure while also providing a pleasant living environment. Shops, doctors, schools, and public transportation are all within a few minutes' walk. The hillside location and the surrounding green spaces also contribute to the area's tranquility and living comfort.

The city of Idar-Oberstein itself is situated in the Upper Nahe and Hunsrück region, offering proximity to nature and recreational opportunities, as well as good transport links via the federal highway 41 and the surrounding area.