| Type | Block of flats |
|---|---|
| Living area approx. | 292 m² |
| Year built | 1938 |
| Rooms | 9 |
|---|
| Plot area | 252 m² |
|---|
| Purchase price | 745.000 € |
|---|---|
| Price per m² | 2,551.37 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsFor sale is a spacious residential building with a total of 292 m² of living space on a 227 m² plot. The property extends over three full storeys:
Ground floor: approx. 98 m²
1st floor: approx. 98 m²
2nd floor: approx. 96 m²
The current net cold rent is approx. €8.10 - 9.00/m², which corresponds to a possible annual rent of around €29,784.
Special advantages
Attractive rental situation with solid returns.
Continuously invested in, modernized and maintained.
Central, sought-after location
Ideal for both investors and owner-occupiers.
3-family house Paderborn Riemeke apartment building
Ongoing modernizations and renewals
The property has been continuously maintained and modernized, so there is no backlog of maintenance.
Examples:
2022: roof renovation, basement renovated (walls and floors)
2021: 2nd floor - bathroom completely renewed, floors/laminate, painting work, kitchen tiled
2019: parking space created, roller shutters renewed
2015: new central gas condensing boiler (Buderus), additional sanitary work
2012: courtyard and garden newly paved
2007: insulation of all apartments, new ceilings (plasterboard), renewed apartment entrance doors, staircase/railing renovated, windows replaced, intercom systems installed.
Sale by private owner, commission-free - no agent
Viewings possible upon presentation of proof of financing.
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