PROPERTY DESCRIPTION: For sale is an attractive investment property in a central location in the municipality of Wadern-Lockweiler, with a total area of approximately 665 m² on a plot of about 1,142 m². The original part of the building was constructed around 1910 as a residential house with a barn and was remodeled and expanded around 1956. The condition of this 4-family house corresponds to its year of construction. Another residential and commercial building was added between around 1962 and 1966. In total, the property includes five rented residential units as well as a commercial space used as a bank branch. Another unit is vacant and can be rented out as an apartment or as another commercial unit after appropriate renovation. On the ground floor of the older residential house, there are two residential units: one apartment with approximately 59 m² of living space with its own entrance and terrace, and another two-room apartment with approximately 42 m² of living space. On the first and top floors, there are two more residential units: one apartment with approximately 65 m² of living space and an apartment spread over two floors with approximately 90 m² of living space. In the added residential and commercial building, the largest residential unit of this property with approximately 155 m² of living space is located on the first floor. The ground floor houses the bank branch with approximately 82 m² of usable area, as well as additional rooms for utility, workshop, and heating, plus another residential or commercial unit that is vacant and in need of renovation. Layout of the 4-family house: Ground floor, left: 2 rooms, kitchen-living room, bathroom Ground floor, right: hallway, bedroom, kitchen-living room, shower bathroom, living room 1st floor, left: 3 bedrooms, living room with access to the loggia, kitchen, shower bathroom 1st floor, right: bathroom with tub, kitchen-living room, bedroom, living room, winter garden, + attic: children's room, bedroom Layout of the residential and commercial building: Ground floor, left: 3 rooms, kitchen-living room, shower bathroom, storage rooms on the upper floor Ground floor, right: customer area, offices, toilets Ground floor, back: laundry room, workshop, heating room, oil tank room Upper floor: winter garden, kitchen-living room, storage room, hallway, 2nd bathroom (not in operation), living room, 3 bedrooms, bathroom with tub and shower (hot water through instantaneous water heater) The offer is rounded off by a double garage with a workshop as well as a separate garage. In the 4-family house, heating is provided by infrared heating and night storage heaters. In the residential and commercial building, heating is provided by an oil central heating system from 2010. With a target annual net rent of approximately €31,500 and an attractive return of approximately 11.2%, this property offers an excellent opportunity for investors focused on good returns. Further images and documents are available upon request. Additional Information: Garage spaces: 3 Outdoor parking spaces: 5 Property condition: partially requires renovation Quality of fittings: standard, simple Floor coverings: tiles, carpet, parquet, PVC Windows: wood, aluminum, plastic LOCATION: Lockweiler is a district of the town of Wadern in northern Saarland. The location offers good living quality in green nature, with very good access to the city center of Wadern (approximately 4 km away) with shopping facilities, schools, kindergartens, and leisure activities. The motorway connection to the A1 is about 2 km away. Bus stops are in immediate proximity. The village offers many opportunities for leisure activities like hiking, cycling, and walking due to its location in the midst of nature and proximity to the Hochwald. The Noswendeler reservoir is about 6 km away. The Bostalsee is about 20 km away. OTHER: All information is provided without guarantee and is based solely on the information and documents received from the owners or their representatives/authorized agents. We accept no liability for the completeness, correctness, and timeliness of this information. This also applies to floor plans and area information. Errors and intermediate sales are reserved. Upon request, we are happy to provide you with further information about the property. The property transfer tax, as well as notary and land registry costs, are to be borne by the buyer. By making the real estate inquiry, you agree that we may contact you regarding property offers by phone, in writing, or by email. Our cooperating partners in real estate matters may also contact you regarding this. The brokerage contract with us is concluded either through written agreement or through the use of our brokerage services. Should you already be aware of the property referred to us, please inform us immediately. The commission of 3.57% including statutory VAT on the purchase price is due upon the notarization of the contract and is to be paid by the buyer to Nicola Serratore Immobilien. The disclosure or sharing of the information contained in this exposé with third parties is not permitted. Neither the entire exposé nor individual parts of it may be used for purposes other than those specified without the written consent of Nicola Serratore Immobilien.