Modernized three-family house
67731 Otterbach
Price
399.000 €
Location
Otterbach
m2
200
floor
3
Room
7
About the object
For sale is a well-maintained and extensively modernized three-family house located in 67731 Otterbach, Germany.
The property comprises three self-contained residential units with a total living area of approx. 200 m², making it ideal for investors as well as owner-occupiers with rental intentions.
The purchase price for this attractive multi-family property is €399,000.
All three apartments have been fully renovated in recent years.
All bathrooms have been completely refurbished.
The apartment on the upper floor has additionally undergone extensive modernization, including new interior doors and upgraded fixtures.
The ground floor apartment as well as the basement apartment (granny flat) have also been fully renovated and are in excellent condition.
The property currently generates annual rental income of approx. €19,800 (net).
The upper-floor apartment is rented for €4,800 net per year.
The ground floor apartment and the basement apartment are used flexibly. In particular, the middle unit generates annual revenues between approx. €12,000 and €24,000 through Airbnb short-term rentals.
All figures refer to annual rental income.
Layout of the Residential Units
1st Floor Apartment – approx. 75 m²
- Two bedrooms
- Living room
- Kitchen
- Bathroom
- Storage room
- Balcony
- Individual gas heating system
- Separate water meter
- Ground Floor Apartment – approx. 75 m²
- One bedroom
- Living room
- Kitchen
- Bathroom
- Storage room
- Balcony
- Spacious terrace of approx. 40 m²
- Basement Apartment (Granny Flat) – approx. 50 m²
- Living room with integrated kitchen
- One bedroom
- Bathroom
- Balcony
- Small private garden area
Features & Highlights:
- Three-family house with three separate residential units
- Total living area of approx. 200 m²
- All apartments fully renovated
- All bathrooms newly refurbished
- Each unit with a balcony
- One apartment with a spacious terrace (approx. 40 m²)
- Basement apartment with additional small garden area
- Garage directly at the house
- Four outdoor parking spaces
- Flexible rental concept (long-term & Airbnb)
- Attractive annual rental income
- Separate heating and water systems for each unit
- Very well-maintained overall condition
- Ideal as an investment property or for combined owner-occupancy and rental
Condition & Equipment:
- Modern, newly renovated bathrooms in all units
- Renewed interior doors and fittings on the upper floor
- Well-maintained, contemporary standard of equipment
.- Gas heating systems installed separately by unit
- Property is in very good, move-in-ready condition
Usage Options / Target Group:
- Capital investors
- Investors focused on short-term rentals (Airbnb)
- Owner-occupiers with additional rental income
- Multi-generational living
building information
Location:
The property is located in 67731 Otterbach, in an established residential area.
Shopping facilities, schools, kindergartens, and public transportation are easily accessible.
The proximity to Kaiserslautern makes this location particularly attractive for both owner-occupiers and tenants.
Additional Information:
Commission:
A buyer’s commission of 3.57% including VAT of the purchase price is payable.
Disclaimer:
All information in this exposé is based on details provided by the owner. No liability is assumed for the accuracy or completeness of the information. Subject to change and prior sale.
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