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4 FAMILIES HOUSE in Germany

Middle in the SPACITY BAD IBURG as a yield object! 

Bad Iburg is a city and nationally acknowledged SPACITY in the south west of the district Osnabrück in Niedersachsen 4 Apartments 115sm, 75sm, 29sm and 30sm.  (On 5 Apartments expandable).
For years firmly has rented, rent receipt monthly 1290. -€ (without extra expenses) plots of land 1114 sm (Erbpachtgrundstück – year lease 600€ )
Total living space of 250 sm
Place to park 3 cars
Cellar
Year of construction 1963
The building substance is loud several expert opinions very good!  Moreover the owner has the house with a costs expense of more than 100,000€ regularly in place salaries and
renovated.  So just now again completely new windows were incorporated and was installed also a new oil heating! 

The purchase price is including all extra expenses as well as land register entry and Notarialcosts!  The estimated value of the house lies between 250,000 and 285,000 Euro. 
Purchase price 210.000 Euro

 

 
 3r – Comment:  Bath Iburg is a very well known and popular SPACITY.  The 4 families house lies in a quiet subdivision, in a locked building zone, full opened.  A gem with a gigantic, very cultivated garden plot of land.  Through the long-time tenants, the house is a recommended yield object without large administration expense.