Flat for sale 3+1 • 71 m² without real estate, Saarland

This apartment in a multi-family house, offered with a gross rental yield of 6.5%, comprises 18 units, including 16 apartments and 2 commercial units on the ground floor. The building spans four floors—excluding the attic and basement—and is fully basemented. The living area measures 70.82 m². The house was built in 1959 and is situated on a 654.2 m² plot. The energy consumption is 114 kWh per square meter per year, corresponding to energy efficiency class D.

The apartment is vacant, suitable for at least 4 people, and can be rented via the Jobcenter for a minimum net cold rent of 650€, which corresponds to a gross rental yield of 6.5%. There is potential for further improvement through simple renovation and higher-end leasing.

In addition to the offered apartment, several other apartments in the building, which are already rented out, are also available for sale.

The condition of the building is good, with no maintenance backlog. The roof, dating from the year of construction, is lightly insulated and does not require renewal. The facade was freshly painted in 2014. The oil central heating was installed in 2017, and the class A circulator pump was renewed in 2023. Hot water is provided decentrally via gas and electric water heaters.

The apartment represents an attractive investment opportunity, offering a solid yield and in good structural condition without the need for immediate maintenance measures.

The property is located in 66115 Saarbrücken, in the Malstatt district. This area is characterized by its central yet quiet surroundings. In the immediate vicinity, there are various shopping options, restaurants, and cafés that cover daily needs. Public transport connections are excellent, with the Saarbahn stop at Turnerstraße and several bus stops nearby, offering quick connections to Saarbrücken’s main station and other districts.

Ludwigstraße itself is a quiet residential street, marked by well-maintained multi-family houses and small commercial enterprises. The nearby Malstatter Markt provides additional shopping opportunities and a lively atmosphere. Several parks and green spaces in the area invite leisurely walks and sporting activities, contributing to an ideal blend of urban living and peaceful residential atmosphere.

The building, constructed in 1959, remains in good condition without any maintenance backlog. The windows are made of double-glazed PVC and are in good condition. The roof, from the original construction, is lightly insulated with no need for renewal. The oil central heating was installed in 2017, and the class A circulator pump was renewed in 2023, further enhancing energy efficiency. Hot water is provided decentrally via gas water heaters, ensuring a constant supply.

The building is fully basemented, with separately lockable storage spaces available for each residential unit and two separate basement rooms for the two commercial units.