House for sale • 389 m² without real estate, North Rhine-Westphalia

For sale is a well-maintained, brick-clad multi-family house located on a quiet side street in Paderborn. Built in 1975, the property offers approximately 388.73 m² of living space and includes a total of 8 units.

The property consists of 4 apartments as well as 4 furnished rooms/apartments, which are rented separately. Each furnished unit has its own entrance and can function as an independent living unit.

The current monthly net rent amounts to €3,695, corresponding to an annual net rent of €44,340. The tenant structure is stable, providing reliable ongoing income.

Equipment & Modernizations

Heating:

• Two central heating systems by Buderus in the basement (built in 2005)

• Floor heating in the attic/apartment, updated in 2016

Bathroom Modernizations (all done approximately 10 years ago):

• Attic apartment (large apartment) – bathroom renovated

• Attic apartment – bathroom renovated

• Rear basement apartment – bathroom renovated

• Front basement apartment – bathroom renovated

Electrical Installation:

• All floor electrical distribution panels updated in 2015–2016

• Adaptation of all electrical cabinets to FI standard (0.03 A)

• Partially new lighting and touch switches in the apartments

Interior (new):

• Hallway freshly painted in white

• Basement area freshly painted

Exterior:

• Double garage

• Balcony

• Garden

• Covered terrace

Additional Measures:

• New front door (October 2025)

• Renewal of the mailbox system

Originally conceived as a classic multi-family house, the property not only serves as an investment but also offers further development potential.

Due to its layout, the property is fundamentally suitable for alternative living concepts, such as multi-generational living, communal living for several families, or a combination of owner-occupation and rental use.

The flexible structure of the units thus provides a versatile usage perspective for different living and investment concepts.

The property is located in the Stadtheide district of Paderborn in a quiet yet very well-connected area. It lies behind Detmolder Straße (one of the main thoroughfares), combining central accessibility with a pleasant residential calm.

• Several bus stops in the immediate vicinity

• Shopping opportunities within walking distance (approx. 300 m)

• Schools, doctors, and other infrastructures quickly accessible

• 8 units: 4 apartments and 4 furnished rooms/apartments

• Annual net rent of €44,340 with stable tenancy

• Freshly painted common areas (hallway & basement)

• Extensive modernizations

• Attractive investment with solid returns