Object 4792
Exclusive: Historic charm meets comfort: A villa with characterMansion zum Buy in Lennestadt
Living area: 261.29 m², Rooms: 9, Year built 1934
Purchase price: 299.500,00 €
Three units. One investment. Many possibilities.
An Investment with Long-Term Potential: This fully leased three-family home offers attractive ongoing rental income, flexible usage options, and long-term appreciation potential. The property comprises three residential units with a total of approximately 219 m² of living space, as well as additional usable space in the attic. The current annual rent is €19,170.00, and the target annual rent is €20,905.20. Whether as a long-term investment, to expand a portfolio, or as a combination of owner-occupancy and rental—this property offers versatile possibilities in an attractive location with beautiful views of the surrounding countryside.
Property data
Property no. 4931
| Type of property | House |
| Property type | Multi-family house |
| Postal code | 57413 |
| Place | Finnentrop |
| Year built | 1973 |
| Parking spaces | 3 |
Areas
| Rooms | 9 |
| Plot area | 549 m² |
| Living area | 264.3 m² |
| Usable area | 58.2 m² |
| Number of apartments | 3 |
Prices
| Purchase price | 349.500,00 € |
| Annual rent actual | 19.170,00 € |
| Annual rent target | 20.905,20 € |
Details
| Floor | Tiles, Laminate, Marble |
| Bathroom | Shower, BATHTUB, Window |
| Type of heating | Central |
| Type of fuel | Gas |
Energy certificate information
| Type of energy certificate | Needs Assessment Report |
| Final energy demand | 211.30 kWh/(m²*a) |
| Energy efficiency class | G |
| Year built | 1973 |
| Main energy source | GAS |
Description
The property offers an attractive combination of ongoing rental income, various uses, and long-term appreciation potential. Its location also provides a beautiful view of the surrounding landscape.
The house has three residential units. The basement contains an apartment measuring approximately 55.00 m², and the ground floor features a spacious apartment measuring approximately 126.50 m². The attic offers approximately 37.80 m² of living space, plus an additional approximately 41.80 m² of space.
The property is currently fully leased. The current annual rent is €19,170.00, while the target annual rent is €20,905.20. As such, the property already offers a solid foundation for investors while also presenting further potential.
This three-family home is particularly appealing to investors, as all three units are currently rented out, ensuring a steady stream of rental income from the start. The division into multiple residential units also creates an attractive foundation for a long-term rental strategy.
But owner-occupiers will also find this property appealing: living in one apartment yourself and renting out the other units—this allows you to combine your own home with additional rental income.
Whether as a long-term investment, to expand an existing real estate portfolio, or as a combination of owner-occupancy and rental—this three-family home offers flexible options and is aimed at buyers seeking a property with ongoing income and future potential.
Equipment
The three-family home was built using solid construction methods and sits on a lot measuring approximately 549 m². With about 264 m² of living space, the property offers an attractive size for a long-term investment while also providing flexible options for owner-occupiers.
The three residential units allow for versatile use and provide a solid foundation for a sustainable rental strategy. A garage and two additional parking spaces are available to residents. The various basement rooms also provide additional storage space and practical usable areas.
Heating is provided by a gas-fired central heating system installed in 1995.
Targeted renovations have already been carried out in recent years. In 2014, the ground-floor and attic apartments were renovated and insulated as part of this process. The basement apartment was renovated in 2020.
This means that important measures for the property’s continued use and rental have already been implemented. For investors, this presents an opportunity to add an existing property with multiple residential units—already modernized—to their portfolio.
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Location
The three-family home is located at Am Halloh 33 in the Lenhausen district of Finnentrop. The residential area is characterized by established neighborhoods of single-family and multi-family homes and offers a quiet setting with a village-like atmosphere.
Lenhausen has good connections to the surrounding towns of Finnentrop, Attendorn, and Lennestadt. Shopping for daily necessities, schools, kindergartens, doctors, and other everyday amenities are accessible in the surrounding neighborhoods and in the center of Finnentrop.
The location combines living close to nature with the advantages of a well-developed infrastructure. The Sauerland region, with its numerous leisure and recreational opportunities, is right on your doorstep and offers a wide range of options for walks, hikes, and other outdoor activities.
Overall, the property offers an attractive residential location for both homeowners and renters who value a quiet, green living environment as well as easy access to regional centers.
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