Multi-family house in need of renovation with good returns – Photo 1

Multi-family house in need of renovation with good returns

The advertiser will give you the exact address on request.29451 Dannenberg (Elbe)Niedersachsen
Purchase price
210.000 €
Living area
236 m²
Rooms
9
TraumImmo ID: ZARSBY6
Partner ID: 621292605

Published on 20/08/2026 · Last checked on 25/08/2026

Advertiser:
RegionalImmobilien24

Key facts

Living area approx.236 m²
Rooms9
Bathrooms4

Plot area1318 m²

Purchase price & costs

Purchase price210.000 €
Price per m²889.83 €/m²
Commission0

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About this investment property

Offered is a fully let multi-family house, built in 1948 using solid construction. The property comprises 4 apartments. In the front building, the ground floor contains a 3-room apartment with a living area of approx. 81 sqm, the upper floor contains a 2-room apartment with a living area of approx. 53 sqm, and the semi-basement contains a 2-room apartment with a living area of approx. 55 sqm. The fourth apartment, with 2 rooms and a living area of approx. 46 sqm, is located in the extension facing the garden. Rental income amounts to €16,146 per annum. In addition, the 1,318 sqm plot includes a double garage, a single garage and a garden shed. The ground-floor and semi-basement apartments in the front building are heated by a central gas heating system; the other two apartments have their own gas-fired floor heating systems. The property requires renovation. However, the following renovations/modernizations have already been carried out in recent years:

Replacement of the heating systems in 2006, 2010 and 2018
Renovation of one bathroom in 2015
Replacement of the electrical system in the rear building in 2016
Renewal of the roof covering and insulation in 2011
Partial replacement of the windows in the ground-floor apartment in the front building in 2025


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Advertiser:
RegionalImmobilien24
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