Quarter | Well-maintained apartment building with 8 apartments plus commercial unit in a great location at a factor of 17!

Key facts

Purchase price & costs

About this house

This fully let apartment building from 1899 represents a rare opportunity for investors looking for a solid and straightforward existing property in the heart of Bremen’s Viertel district.
The property presents itself in an exceptionally well-kept condition and is characterized by sustainable, almost purely residential use, distributed across a total of eight residential units.
In addition to the 8 apartments, there is a commercial unit that is currently rented out as storage.
The architectural layout is particularly efficient: four units are arranged per house entrance. A major administrative advantage for the owner is the equipment with modern individual boilers, which enables direct and transparent billing of heating costs between tenants and utility providers and thus reduces administrative effort to a minimum.
With a stable actual net cold rent of €75,900 p.a. and an attractive purchase price factor of 17, the property offers an excellent return-risk profile in one of the most sought-after locations in the Hanseatic city. The tenant structure can be described as extremely reliable and harmonious; there are neither rent arrears nor ongoing legal disputes, which further underlines the quality of this investment.

The house entrances are divided as follows:
House no. 28:
GE: storage room (74.42 m²)
WE 1: 3 rooms (82.12 m²)
WE 2: 3.5 rooms (58.59 m²)
WE 3: 3.5 rooms (62.72 m²)
WE 4: 3 rooms (74.32 m² maisonette)

House no. 29:
WE 1: 2 rooms (94.89 m²)
WE 2: 3.5 rooms (58.19 m²)
WE 3: 4.5 rooms (58.32 m²)
WE 4: 3 rooms (73.38 m² maisonette)

Thanks to the solid building structure and the excellent rental demand in this micro-location, this property represents a future-proof investment that guarantees immediate cash flow with simultaneous potential for value appreciation.

Location