House for sale • 1477 m² without real estate, Lower Saxony

Object Description

The offering consists of two multi-family houses with a total of 26 residential units located in an established residential area within the city limits of Rinteln.

The property is fully rented and will generate ongoing rental income from the time of economic transfer. The tenancies have been built up over the long term and are characterized by a stable payment structure with no arrears.

The houses have been continuously maintained and extensively modernized in recent years. The purchaser is acquiring not a development site or a property with first-time rental risks, but an established residential portfolio with a functioning tenant structure.

The property is particularly suitable for:

• Experienced private portfolio holders

• Regional entrepreneurs and asset management companies

• Family offices

• Buyers with a long-term focus on tangible assets

• Investors with a high equity ratio

Key Data

• 2 multi-family houses

• 26 residential units

• Approximately 1,476.36 m² of living space

• Approximately 1,835 m² plot

• 20 parking spaces

• 7 garages

• Year of construction: 1984

• Fully rented

• Current annual net rent: approx. €128,664

• Current annual gross rent: approx. €187,524

• Well-maintained condition

• Continuously modernized

• Commission-free direct sale

Modernizations and Technical Condition

The property has been regularly maintained and was last comprehensively renovated in 2025–2026.

The measures include, among other things:

• Renovation or refurbishment of the facades

• Refurbishment of the balconies

• Renewal of the entrance doors to the building

• Renewal of the windows

• Renewal or refurbishment of the apartment entrance doors

• Refurbishment of the bathrooms

• Refurbishment of the corridors and stairwells

• Refurbishment of the basement areas

• Renewal of the mailbox systems

• Renewal of the video entry system

• Renewal of water pipes as needed

• Complete renewal of the water pipes in house no. 16 about twelve years ago

• Condensing boiler system from 2014

The overall technical condition is very good. At present, there is no sign of any acute backlog in renovations.

Rental and Income

The property is fully rented.

The current annual net rent is approximately €128,664.

The rental relationships are stable. There are no outstanding rental arrears and no known structural payment defaults.

The rents have been developed very conservatively over many years. The most recent adjustment took place on 31.12.2025 and was the first increase in about ten years.

Further rental development potential exists within the framework of legal possibilities and a long-term viable rental strategy. The property is not aimed at short-term rental maximization but rather at stable portfolio holding.

Location

The two houses are located within the city limits of 31737 Rinteln in an established residential area.

Rinteln offers a sound local infrastructure with shopping facilities, schools, kindergartens, medical services, and good regional connectivity.

The location is particularly suitable for long-term residential use and contributes to the stable rentability of the property.

Special Features

• Immediate rental income from transfer

• Fully rented

• No outstanding rental arrears

• Long-term stable tenant structure

• Comprehensive modernizations in 2025–2026

• No development or first-time rental risk

• 20 parking spaces and 7 garages

• Technically well-maintained property

• Commission-free private sale

• Suitable for long-term portfolio holding

Purchase Price

Purchase price: €2,580,000

The sale is conducted directly by the owner and without a buyer’s commission.

Further documents, rental overviews, floor plans, energy certificates, and property documents will be provided after an initial qualified discussion.

Please briefly let us know in your inquiry:

• Whether the purchase is intended for incorporation into your own portfolio,

• Whether you already have experience with multi-family houses,

• And in what timeframe a review would generally be possible.