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Multi-family home with potential

Attractive Multi-Family Home for Owner-Occupiers & Investors
This versatile multi-family home offers attractive prospects for both owner-occupiers and investors. Whether for multigenerational living, a combination of owner-occupancy and rental, or a pure investment—the property stands out for its flexibility, existing rental income, and additional development potential.

A garden, garage, and other outbuildings round out the property and offer additional opportunities for use or rental.

Property data

Property no. 4772

Type of property House
Property type Multi-family house
Postal code 57399
Place Kirchhundem
Year built 1797
Parking spaces 3

Areas

Rooms 10
Plot area 814 m²
Living area 244.66 m²
Number of apartments 2

Prices

Purchase price 189.500,00 €

Details

Floor Tiles, Carpet, Laminate
Type of fuel Oil

Energy certificate information

Type of energy certificate Proof of Need
Final energy demand 270.90 kWh/(m²*a)
Energy efficiency class H
Year built 1797
Main energy source OEL

Description

Attractive multi-unit residential building for owner-occupiers and investors—with development potential

This property offers several sought-after usage options, making it appealing to both owner-occupiers and investors alike. Whether as a spacious multi-generational home with ample living space, a combination of owner-occupancy and rental income, or a pure investment—the property offers a high degree of flexibility and long-term security.
The multi-unit building stands out thanks to existing rental income, solid construction, and attractive expansion potential with additional development and appreciation prospects.

Apartment No. 1 – Spacious duplex apartment for owner-occupancy or new rental
This generously proportioned duplex apartment features a living area of approximately 113.14 m².
It is therefore ideal for owner-occupancy or, alternatively, for re-letting.
Floor plan: 4-room apartment
- Ground floor: Bedroom, living room, kitchen, bathroom, storage room
- Upper floor: Two additional rooms and an extra bathroom
The well-thought-out layout across two levels offers a family-friendly living concept and appeals to both families and couples with increased space requirements.

Apartment No. 2 – Rented unit with sunroom
The second unit has a living area of approximately 108.09 m² and features an open, light-filled floor plan.
The apartment is currently rented and thus generates ongoing rental income.
Features and layout:
- 4-room apartment with a spacious living room and adjoining sunroom, separate kitchen, bathroom, two potential bedrooms, and a storage room.
Current rental income:
€4,608.00 p.a. – stable and immediate returns for investors.

Apartment No. 3 – Potential for expansion in the attic
A particular highlight is the attic with potential for expansion. Plans call for a duplex apartment with approximately 30.99 m² of additional living space on the upper floor.
This potential for expansion opens up a variety of options, including:
- Creation of an additional residential unit
- Expanding the living space for owner-occupiers
- Sustained increase in the property’s overall value

Outbuildings and Additional Spaces
A garden, a garage, a former horse stable, and other outbuildings round out the property and offer additional opportunities for use or rental, such as storage space, a workshop, or hobby rooms.

Equipment

The property is heated by an oil-fired heating system (2006). Most of the windows were replaced in 2013 with double-glazed vinyl windows; only two wooden windows in the sunroom are in need of renovation. The left side of the roof was re-shingled about eight to ten years ago; the right side of the roof is older. The original half-timbered house was demolished; the current structure is a solid-construction house with exposed half-timbering on the street side.

Overall, there is no urgent need for major repairs, but there are modernizations that can be planned with potential for increasing the property’s value.

Your contact person

Riccardo Giamporcaro

0049272293720

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Location

This large residential building is located in a quiet, established neighborhood with little traffic and a harmonious setting comprising a total of 77 buildings, creating a welcoming, family-friendly atmosphere. The area is characterized by the scenic diversity of the Southern Sauerland, nestled within the forested hills of the Rothaar Mountains, which fosters a natural and relaxing living environment.

Numerous recreational and nature destinations, such as the Sauerland-Rothaargebirge Nature Park, the Rhine-Weser Tower, and the Panorama Park, are nearby and offer a wide range of recreational opportunities for active individuals and families.

Despite the quiet location, daily necessities are readily available through supermarkets, bakeries, restaurants, and other amenities in the immediate vicinity, making daily life easier with short distances. This is complemented by a solid educational and childcare infrastructure that is particularly accommodating to families.

Transportation access via the nearby L713 state road allows for quick trips to the center of Kirchhundem and surrounding towns, such as Hilchenbach, Kreuztal, and, a bit further away, Siegen.

Overall, the location offers a compelling combination of nature, tranquility, good amenities, and a high quality of life—ideal for anyone who values a balanced living environment.

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