House for sale • 707 m² without real estateHerne Baukau Nordrhein-Westfalen 44629

High-yield and well-maintained multi-family house in a good location with garden – fully rented & solid investment (suitable for conversion into condominium ownership)

*Sale directly from the owner (commission-free)*

For sale is a fully rented, well-maintained multi-family house with 8 units and attractive value appreciation potential, ideal for owner-occupiers and investors looking for a solid, long-term return. Each apartment has its own land register entry, making the sale of individual units possible without any issues.

The apartments and the property have been continuously modernized over the years. With a living area of 627 m², a plot size of 455 m², a total area of 707 m², and a large, flat garden of approximately 246 m², the house offers extra open space for tenants and increases the overall value of the property.

NUMBERS & FACTS AT A GLANCE:

• Property type: Multi-family house

• Location: 44629 Herne, NRW

• Living area: 627 m²

• Plot size: 455 m²

• Garden area: approx. 246 m² (flat and well-utilizable)

• Total area: 707 m²

• Year built: 1936

• Energy certificate class: E

• Units: 8 apartments

• Tenancy: fully rented, long-term (no vacancy)

• Annual net cold rent (target & current): €52,307.16 p.a.

• Gross yield: approx. 6.4 %

• Purchase price: €829,000

HIGHLIGHTS:

• Fully rented multi-family property with 8 independent units – ideal flexibility for future strategies (individual sale, formation of a condominium association, or long-term rental)

• Attractive yield profile with stable rental income and additional potential for increase

• Spacious garden (approx. 246 m²) on a flat area – ideally usable for tenants or communal use

• Continuously modernized apartments – well-maintained condition with no deferred maintenance

• Central location in a good residential neighborhood with excellent infrastructure (public transport, schools, retail, parks)

CONCLUSION:

Overall, this multi-family house presents itself as an extremely solid and versatile investment with long-term prospects and attractive exit options. The combination of stable rental income, well-maintained substance, and existing development potential provides a reliable basis for sustainable wealth accumulation.

Thanks to full occupancy, suitability for conversion into a condominium association, and continuous modernization, the property is ideal both for safety-oriented capital investors and for those with strategic foresight. Whether as a high-yield existing asset or with a focus on future individual sales – this property offers a value-stable investment opportunity with clear prospects and convincing yield potential.

The multi-family house is located in a sought-after residential area with a central location. All essential amenities such as supermarkets, pharmacies, doctors, schools, and kindergartens are easily accessible.

The transport connection is optimal: public transportation, highways, and main roads can be reached within minutes. The area is characterized by high living quality, stable rental demand, and well-kept neighborhoods.

For families, commuters, or investors, this location is equally attractive – safety, infrastructure, and good yield prospects combine ideally here.

• All 8 apartments have been continuously modernized in recent years

• Modern laminate and tile floors in some apartments

• Private bathrooms in each unit, partly equipped with both a shower and a bathtub

• Balconies in all units

• Gas-fired individual heating system for personal heating control

• Basement available – additional storage space for tenants

• Spacious, flat garden with approx. 246 m² usable by all tenants

• Each apartment has its own land register entry, providing flexibility for condominium conversion or individual sale

KEY DATA:

• Year built: 1936

• Number of residential units: 8

• Living area: 627 m²

• Plot size: 455 m²

• Garden area: approx. 246 m² (flat and well-utilizable)

• Total area: 707 m²

• Tenancy: fully rented, long-term (no vacancy)

• Annual net cold rent (target & current): €52,307.16

• Purchase price: €829,000

• Gross yield: approx. 6.4 %

Sale directly from the owner (commission-free)

Please send us your details as well as information on the planned financing by email if you are interested.

Viewings will be arranged by appointment.