Financial expert: House in Herten-Mitte with a large garden and double rental income for sale for 299,000 euros.

Financial expert: House in Herten-Mitte with a large garden and double rental income for sale for 299,000 euros.

According to a report by www.hertener- Allgemeine.de, a two-family house in Herten-Mitte with a large garden and a location near the city center is currently being offered for sale. The building is located in a quiet residential area and offers a living space of around 140 square meters, which is divided into two apartments - one of which is rented. The property has a plot of around 716 square meters, a large part of which is the garden. Built in 1958 with a plastered facade, the house offers the possibility of an immediately move-in-ready apartment on the ground floor and a rented second apartment on the upper floor. The house is offered at a price of 299,000 euros, plus 3.57 percent broker's commission. The rental income from the rented apartment on the upper floor is 143 euros per month.

Impact on the real estate market

Buyers could view the positive and attractive location of the two-family house in Herten-Mitte as a unique opportunity. Renting out the upstairs apartment could provide an additional source of income, which can be attractive to investors or buyers with long-term financial goals. The large garden as well as the terrace and the proximity to the city center could further increase the interest of potential buyers.

The building, which according to the report dates back to 1958, may need renovation, particularly with regard to the heating system and other infrastructural elements. Investing in renovations could impact the price and attractiveness of the property. In addition, the rented apartment on the upper floor should require a review of the current rental agreement to clarify possible legal implications for the transfer of ownership.

The house on offer, with its features such as the large garden, rental options and attractive location, could appeal to potential buyers with different interests, which could lead to increased interest in the real estate market in Herten.