House for sale • 266 m² without real estateSchwartauer Allee 121, , Schwartauer Allee 121a Lübeck Holstentor Nord Schleswig-Holstein 23554

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Drei sanierte Altbauwohnungen in Lübeck als attraktives Investmentpaket | Faktor 17,9 | Provisionsfrei

Description of the Property

Three apartments. One investment. Loads of potential.

For sale is an attractive apartment package consisting of three condominiums in a well-maintained Jugendstil multi-family building from the turn of the century located at Schwartauer Allee 121 & 121a in Lübeck. The three units combine the charm of classic old buildings with modern residential comfort and offer investors a rare opportunity to acquire several apartments within one property without any commission.

The apartments have a total living area of 265.51 m² and include:

• 2-room apartment with 64.05 m²

• 3-room apartment with 91.33 m²

• 4-room penthouse apartment with 110.13 m²

The versatile floor plans are especially appealing as they cater to different target groups: singles, couples, families, shared apartments, or even concepts for furnished living.

Two of the apartments feature a balcony overlooking the spacious communal garden. Each unit has its own basement storage room. The apartments have been mostly renovated and feature modern gas condensing boilers. The penthouse apartment is equipped with a new fitted kitchen.

Typical period details such as:

• high ceilings

• original wooden plank flooring

• classic wooden doors

• spacious living kitchens

• bright rooms

ensure lasting rentability and high residential value.

This package is ideal for private and professional investors who wish to benefit from the strong demand for old buildings in a central location.

Key figures:

• Annual net cold rent (calculated): €44,605.68

• Total purchase price: €799,000

• Factor: 17.9

• Total living area: 265.51 m²

Since the apartments are currently vacant, they can be rented out immediately at market conditions. This opens attractive opportunities to optimize rental yield and achieve long-term value appreciation.

Conclusion: A rare old building investment with charm, substance, and development potential – three attractive apartments, modern building technology, desirable apartment sizes, and a central location make this package an interesting opportunity for long-term oriented investors.

Schwartauer Allee is one of Lübeck’s sought-after residential areas. The city center, shopping options, restaurants, schools, doctors, as well as public transport are easily accessible. At the same time, the large communal garden offers a rare retreat in an urban environment.

The highlights at a glance

• 3 condominium apartments in the package

• Total living area of 265.51 m²

• Built circa 1900

• Spacious communal garden

• Mostly freshly renovated

• 2 balconies facing the garden

• Basement storage for each apartment

• Central location in Lübeck

• Commission-free sale

• Available for new tenancy

• Attractive development potential

HAFERKAMP GMBH

Strandallee 11

23683 Scharbeutz (Haffkrug)

Phone: 04563 / 423998-0

Fax: 04563 / 423998-9

Email: info(at)haferkamp-grundbesitz.de

Managing Director: Jens-Hendrik Haferkamp

Local Court Lübeck HRB 23030 HL

VAT ID: DE304113136

Haferkamp Grundbesitz is a trade name of Haferkamp GmbH.

Permit-required activity according to § 34c Section 1 of the Trade Regulation Act

Supervisory Authority:

Municipality of Scharbeutz (Trade Office) · Am Bürgerhaus 2, 23683 Scharbeutz

Haferkamp Grundbesitz is a trade name of Haferkamp GmbH

Content responsible according to § 6 MDStV:

Jens-Hendrik Haferkamp