Capital investment!!! Residential and commercial building with large plot and no vacancies.

The well-kept residential and commercial building was built in 1952 in solid construction, completely renovated from 1997-1999 and has eight rented residential units and one commercial unit. In addition to the main property with 5 apartments and the commercial unit, there is a further building with 3 apartments on the 2160m² plot. No vacancies!
The 51m² commercial unit is located on the first floor of the main building and is used by a long-term tenant.
The other apartments include the following:

1st flat - main house, ground floor, living area 40m², 2 rooms, kitchen, bathroom, hallway
2nd flat - main house, ground floor, living space 35m², 1 room, kitchen, bathroom, hallway
3rd apartment - main house, upper floor, living space 49m², 2 rooms, kitchen, bathroom, hallway
4th apartment - main house, upper floor, living space 45m², 2 rooms, kitchen, bathroom, hallway
5th apartment - main house, upper floor, living space 35m², 1 room, kitchen, bathroom, hallway
6th apartment - outbuilding, ground floor, living space 49m², 2 rooms, kitchen, bathroom, hallway. Terrace
7th unit - outbuilding, upper floor, living space 38m², 2 rooms, kitchen, bathroom, hallway
8th unit - outbuilding, upper floor, 37m², 1 room, kitchen, bathroom, hallway

The rental income (basic rent) amounts to € 27,144.00 per year

All tenants have a parking space and can use the large garden.

The picturesque town of Lenzen is located on the Elbe, in the Elbtalaue Nature Park to the northwest of the federal state of Brandenburg. The town can look back on over 1095 years of history. This makes it one of the oldest towns in the Mark Brandenburg.

Thanks to the Elbe, Lake Rudow, the sights and the wonderful landscape, Lenzen has become a true paradise for holidaymakers, whether by bike, car or on foot.

Furthermore, Lenzen has numerous shopping facilities, doctors, kindergarten, school, hairdresser, cosmetics, pedicure, ferry as well as cultural and gastronomic facilities.

The bus line provides easy access to the train station in Wittenberge, 20 km away, where there is a direct connection to Berlin and Hamburg.
Larger towns such as Perleberg, Wittenberge, Dannenberg, Dömitz or Ludwigslust can be reached by car in 15-30 minutes. Lüneburg and Schwerin can be reached in an hour and Berlin or Hamburg in approx. 2 hours.