| Type | Block of flats |
|---|---|
| Living area approx. | 700 m² |
| Rooms | 25 |
|---|
| Plot area | 480 m² |
|---|
| Purchase price | 748.000 € |
|---|---|
| Price per m² | 1,068.57 €/m² |
| Commission | 5.95 |
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More financing calculators and assumptionsFor sale is a well-maintained residential and commercial building in an attractive location close to the city center of Braunschweig. The property comprises a total of ten rented units, consisting of nine residential units and one commercial unit on the ground floor.
All units are currently rented and generate continuous rental income. The total residential floor area is approx. 485 m², plus approx. 220 m² of commercial space.
An apartment of approx. 70 m² is currently being used by the operator of the commercial unit as storage and break-room space. In the future, this area can be returned to its original residential use and rented separately. This creates additional rental and development potential.
The commercial unit is currently used as a snack bar, but offers a wide range of possible uses. In addition to gastronomic use, the space is also ideally suited, for example, as office or business premises for real estate agents, insurance companies or other service providers. The generous display windows provide high visibility, an appealing exterior appearance and plenty of daylight inside. Overall, the unit offers flexible possibilities for a wide variety of commercial concepts.
Current monthly rental income amounts to €4,642. There is significant potential for future rental growth. Based on current estimates, a monthly total rent of approx. €6,500 to €7,000 appears achievable through future re-letting and market-based adjustment of the rental terms.
Another advantage is the advertising space available on the building. This can be rented separately and thus offers additional income potential.
The heating supply was converted to modern district heating in 2024, providing a contemporary and future-oriented heating solution. The property predominantly features double-glazed windows and is overall in a well-maintained condition.
Additional utility and storage areas are available to the tenants in the basement.
The central location, good public transport connections and proximity to Braunschweig city center ensure lasting appeal for both residential and commercial tenants.
Through its combination of full occupancy, solid building structure, modern heating supply, attractive location and additional rental growth potential, the property offers interesting conditions for long-term investors withPerspective.
Highlights
• Residential and commercial building in a location close to the city center of Braunschweig
• 10 rented units in total
• 9 residential units and 1 commercial unit
• Approx. 485 m² of living space
• Approx. 220 m² of commercial space
• Fully let
• Current rental income: €4,642 per month
• Potential to increase rental income to approx. €6,500–7,000 per month
• Approx. 70 m² apartment currently used as storage and break-room space
• Option to rent out the apartment separately in the future
• Modern district heating supply since 2024
• Predominantly double-glazed windows
• Basement and storage areas available
• Additional rentable advertising space
• Good public transport connections and infrastructure
• Close to Braunschweig city center
• Attractive investment opportunity with additional development potential
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