Description
Capital investment with commercial unit in a central location in Prüm In a good and conveniently located area of Prüm, this versatile multi-family house with commercial unit is situated on Tiergartenstraße. The property combines ongoing rental income, generous spaces, as well as attractive development potential on a spacious plot of approximately 1,475 m². The building, constructed in 1960, offers a total of approximately 340 m² of living space and an additional approximately 70 m² of commercial space, spread over three floors. Partial modernizations were carried out in 2000. Particularly interesting for investors: Two of the apartments, each with approximately 80 m² of living space, are currently rented out, already providing stable income. The apartment above the commercial area is in need of renovation, providing excellent potential for individual redesign and value enhancement. The property impresses with a generous offering of space, including a total of three kitchens, four bathrooms, and two separate toilets in the commercial area. This space is supplemented by practical storage rooms and utility rooms, four basement rooms, and a separate laundry room. A terrace of approximately 10 m² with an existing awning adds to the living comfort and invites relaxation outdoors. The outdoor facilities also provide ideal conditions: three garages and five parking spaces are available for residents and visitors. The attic is currently undeveloped, offering additional expansion reserves. The property is heated by an oil central heating system built in 1994. The roof is covered with Eternit and slate. Overview of features: - Multi-family house with commercial unit - Address: Tiergartenstraße, Prüm - Plot approximately 1,475 m² - Construction year 1960 - Partial renovations approximately 2000 - Approximately 340 m² living space - Approximately 70 m² commercial area / usable area - Three floors - Two rented apartments - Renovation-needed living unit with potential - Three kitchens - Four bathrooms / showers - Two separate WCs in the commercial area - Oak parquet, tiles, laminate and carpet flooring - Terrace with awning - Four basement rooms - Separate laundry room - Three garages - Five parking spaces - Unfinished attic - Oil central heating, year of construction 1994 - 3,700-liter oil tank - Roof with Eternit and slate Location description: The property is located in the popular town of Prüm in the Eifel region. Prüm boasts excellent infrastructure, numerous shopping opportunities, doctors, schools, and good transport connections. The town offers a high quality of life, combining nature-friendly living with good accessibility to surrounding towns and regions. The mix of residential and commercial structures makes the location ideal for investors. Conclusion: This multi-family house with commercial unit presents a rare opportunity for investors seeking a solid capital investment with additional development potential. The already rented residential units, generous spaces, and versatile usage options make this property an interesting object with long-term prospects.
Ref atHome 9170090