Investment property with good returns in Mühlheim-Lämmerpiel

Key facts

Purchase price & costs

About this house

For sale is a well-maintained and well-rented apartment building with a total of 5 residential units, consisting of a two-story historic building (from approx. 1917) with a converted attic and basement, as well as a two-story extension (new construction from 2012/2013) with a modern single-pitch roof. The extension has no basement.

The property offers a successful combination of a characterful historic building and a contemporary new building, which is positively reflected not only in the architecture but also in the tenant structure and rental potential.

The layout is as follows:
Ground-floor area
Hallway
Laundry room

Ground floor (new building):
1-room apartment with balcony (approx. 45 sq m)

Raised ground floor (historic building):
2-room apartment (approx. 56 sq m)

1st floor (new building):
2-room apartment (approx. 65 sq m)

1st floor (historic building):
2-room apartment (approx. 56 sq m)

Attic (historic building):
2-room apartment (approx. 41.50 sq m)

There are 5 car parking spaces on the property.

The property is fully rented. The current net annual rental income amounts to approx. €38,638

All existing rental agreements are structured as graduated-rent agreements. This enables predictable, regular increases in rental income and offers buyers a clear, transparent income outlook. We would be happy to provide a detailed rent schedule and the graduated-rent plans for the individual agreements to seriously interested parties.

A certificate confirming connection to the utilities is available for the building. The legal subdivision (separate ownership) opens up additional opportunities—for both institutional investors and private investors with foresight.

The posted photos show the apartments before they were rented.

I would be happy to arrange a viewing appointment. I look forward to your call or email.

Location