Flat for sale 3+1 • 57 m² without real estate, Saarland

This apartment in a multi-family building—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 basement-floored. The living area is 56.14 m². The house was built in 1959 and stands on a plot of 654.2 m². The energy consumption is 114 kWh per square meter per year, which corresponds to energy efficiency class D.

The apartment is rented at a net cold rent of €550, which corresponds to a gross rental yield of 6.5%. The last rent increase took place in April 2024.

In addition to the offered apartment, there are other already rented apartments for sale in the building. The pictures provided are sample images; current photos are not available.

The structural condition of the building is good, with no maintenance backlog. The roof is original from the construction year and is lightly insulated, with no need for renewal. The facade was repainted in 2014. The oil central heating was installed in 2017, and the Class A circulation 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 being in good structural condition without requiring any immediate maintenance measures. The property is located in 66115 Saarbrücken, in the Malstatt district. This location is characterized by its central yet quiet environment. In the immediate vicinity, there are various shopping options, restaurants, and cafés to cover daily needs. Public transport connections are excellent, with the Saarbahn stop at Turnerstraße and several bus stops nearby, offering quick access to Saarbrücken’s main station and other districts.

Ludwigstraße itself is a quiet residential street, lined with well-maintained multi-family houses and small commercial enterprises. The nearby Malstatter Markt offers additional shopping opportunities and a vibrant atmosphere. For leisure and recreation, several parks and green spaces in the area invite visitors for walks and sports activities.

Overall, the location of the property offers an ideal combination of urban living and a peaceful residential ambiance. 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, dating from the building’s construction, is lightly insulated and does not require renewal. The oil central heating was installed in 2017, and the Class A circulation pump was renewed in 2023, further improving energy efficiency. Hot water is produced decentrally by gas and electric water heaters, ensuring a constant supply.

The building is fully basement-floored. There are individually lockable storage areas for each residential unit and 2 separate basement rooms for the two commercial units.