House for sale • 483 m² without real estate, Lower Saxony

Gewerbefläche, 8 Residential Units, Garages and Development Reserve in a Central Location

This versatile residential and commercial building offers capital investors an attractive investment opportunity with significant potential for value appreciation and further development. On a spacious plot of approximately 1,664 m², there are a total of eight residential units, one commercial unit, and eight rented garages.

The total living area of approximately 483 m² is distributed over eight apartments comprising a total of 14 rooms. This includes six 2-room apartments and two 1-room apartments, appealing to different tenant target groups. The offering is complemented by a commercial unit with approximately 445 m² of usable space, which provides additional revenue opportunities. Currently, three apartments are rented while the remaining units are vacant due to the pending sale. This allows the buyer the opportunity to carry out extensive modernization measures and subsequently reposition the rental contracts under market conditions. Both the residential units and the commercial area are in need of renovation, offering investors the chance to upgrade the building stock according to their own ideas and achieve attractive long-term returns. A special highlight is the available development reserve in the attic measuring approximately 100 m², which offers further potential for additional residential space – subject to the necessary permits from the authorities.

The building is heated by an oil-fired central heating system that has been regularly serviced by professionals. According to the energy certificate, the building has a final energy consumption of 76.6 kWh (m²-a) and is therefore classified as energy efficiency Class C.

The property also includes eight garages, which are currently fully rented, thereby already generating stable rental income. The spacious garden area is available for communal use by all residents, further enhancing the quality of living.

Overview of the Residential Units

Commercial - 424.55 m² - vacant

Apartment 2, Entrance 1 - 1st floor, left - 64.78 m² - 2 rooms - rented

Apartment 3, Entrance 1 - 1st floor, left - 58.11 m² - 2 rooms - vacant

Apartment 4, Entrance 1 - 1st floor, right - 82.94 m² - 2 rooms - vacant

Apartment 5, Entrance 2 - left - 44.76 m² - 1 room - rented

Apartment 6, Entrance 2 - right - 42.39 m² - 1 room - vacant

Apartment 7, Garden - garden apartment - 71.43 m² - 2 rooms - rented

Apartment 8, Entrance 1 - 2nd floor, right - 59.75 m² - 2 rooms - vacant

Apartment 9, Entrance 1 - 2nd floor, left - 59.75 m² - 2 rooms - vacant

Development Area, Entrance 2 - Attic - 100 m² - vacant

Highlights at a Glance

• Multifamily house with commercial unit

• Approx. 483 m² living area

• Approx. 445 m² commercial space

• 8 apartments

o 6 × 2-room apartments

o 2 × 1-room apartments

• A total of 14 rooms

• Approx. 100 m² development reserve in the attic

• Plot size approx. 1,664 m²

• 3 apartments rented, remaining units vacant

• All residential and commercial units in need of renovation

• 8 garages, fully rented

• Spacious communal garden

• Oil-fired central heating, regularly maintained

• High development potential for capital investors

Conclusion:

A rare opportunity for investors seeking a high-yield property with significant development potential. The combination of residential and commercial spaces, existing rental income, development reserve, and numerous vacancies offers ideal conditions for a comprehensive repositioning and sustainable value enhancement.

The multifamily house is located in the central area of Lamspringe, one of the most important traffic and commercial corridors of the state-recognized recreational area in the southern Hildesheim district. The property is situated in the historic town center and benefits from excellent local amenities as well as short distances to shopping, service providers, restaurants, and public facilities.

Lamspringe is characterized by its high residential and recreational value. The community is marked by an attractive location between the Leine Uplands and the edge of the Harz, along with a well-developed infrastructure. Numerous cycling and hiking trails, cultural offerings, and the historic monastery complex create an appealing living environment for a diverse range of target groups.

Within walking distance, there are bus stops with connections to the surrounding towns and municipalities. With nearby state and federal roads, Bad Gandersheim, Alfeld, Hildesheim, and the A7 motorway are easily accessible. The nearest train stations are located in Bodenburg, Freden, and Bad Gandersheim.

The central location on the main street combines the advantages of good infrastructure with the benefits of an established residential area. This makes the property a long-term attractive capital investment.