House for sale • 417 m² without real estateHauptstr. 16, , Lower Saxony

We offer a multi-family house with 5 residential units. The individual units range in size between 57 m² and 113 m² and are all currently rented. The rental income currently amounts to €3,620 per month (€8.68 per m²), plus €235 for 6 parking spaces and 2 storage rooms. This corresponds to an annual net rent of €46,252. All rents automatically increase each year in line with the consumer price index.

In addition, there is an expansion reserve of approximately 90 m² in the attic. A building permit for this already exists.

The building was constructed in 1954 with solid construction methods by Volksbank Lüneburger Heide. Until 2013, the building served as the bank branch of Volksbank. In 2022/23 the property was converted into residential units. During the renovation, the electrical systems and heating systems in four of the apartments were renewed, and new bathrooms and fitted kitchens were installed. On the extensive 1,200 m² property there is also another building with three sheds, parking spaces for 6 cars, and a garden that is used jointly by the tenants.

As a small peculiarity, there is also the old, 10 m² walk-in safe with an 8 m² anteroom. It is fully functional and has approximately 100 lockers.

Overview of apartments:

• Apartment 1 (yellow floor plan): Ground floor, 3-room, 113 m²

• Apartment 2 (red floor plan): Ground floor, 2-room, 87 m², conservatory

• Apartment 3 (blue floor plan): Ground floor, 2-room, 57 m²

• Apartment 4 (light green floor plan): Upper floor, 2-room, 69 m², balcony

• Apartment 5 (purple floor plan): Upper floor, 3-room, 91 m²

The attached floor plans show the exact layout of the apartments. Should you be interested, further information can be provided.

Altenmedingen is a small community with around 1,500 inhabitants and is located on the northeastern edge of the Lüneburg Heath in the district of Uelzen, Lower Saxony. The municipality is part of the collective municipality Bevensen-Ebstorf, which ensures close cooperation with the surrounding communities. The spa town of Bad Bevensen is only 6 kilometers away and offers a variety of recreational and health-promoting opportunities. For sports enthusiasts, there is a golf course just 3 kilometers from Altenmedingen. Lüneburg, a larger city with direct access to Hamburg, is about 20 kilometers away. Thus, Altenmedingen provides an attractive location with good accessibility to both recreational areas and urban centers.