House for sale • 532 m² without real estateBraunschweig Braunschweig Niedersachsen 38118

For sale is a well-maintained multi-family house with a total of 8 residential units, all of which are leased long-term and reliably. The current annual net cold rent amounts to €53,132.40 – with additional development potential.

The residential units are distributed as follows:

• 4 apartments of approximately 67 m² each, with 3 rooms

• 1 apartment of approximately 87 m² with 3 rooms

• 1 apartment of approximately 50 m² with 2 rooms

• 1 apartment of approximately 47 m² with 1.5 rooms

• 1 apartment of approximately 80 m² with 4 rooms

The building was constructed in a sound, solid manner and has been continuously maintained and modernized. All windows were replaced between 2015 and 2024 with modern uPVC windows featuring double glazing. The roof is about 15 years old, in good condition, and insulated with mineral wool – additionally, it offers potential for the installation of a photovoltaic system.

All apartments feature relatively new fitted kitchens, which are included in the purchase price. The units have been regularly renovated upon tenant changeovers, including partial bathroom renovations.

The water and heating pipes are entirely made of copper and are of a more recent vintage. The main water line was renewed in 2020. The property drainage was checked and partially renewed by a specialist company in 2022.

The electrical installation was modernized throughout the house about 20 years ago. Heating is provided via individual gas-fired heaters – some of which are modern condensing devices, while others should be replaced on a future basis. A connection to the district heating network is possible, offering long-term prospects for centralized heating.

All apartments are equipped with cable connections for TV and internet.

Overall, this is a solid investment property with reliable rental income, good structure, and further development potential.

The multi-family house is located in the popular western Ring area of Braunschweig – on a traffic-calmed cycle street near the Altstadtring. The popular cycling and leisure path "Ringgleis" runs in the immediate vicinity and offers excellent connectivity for cyclists and pedestrians.

The western Ring area is designated as an urban redevelopment area and has experienced noticeable urban and infrastructural improvements in recent years. The compensatory contributions incurred for this have already been fully paid.

The location impresses with excellent local amenities: Within walking distance, there are shops, pharmacies, cafés, restaurants, as well as other facilities for daily needs. The good infrastructure makes the location particularly attractive for both tenants and investors.

Standard equipment, appropriate to the location and the property.

The plot is subdivided by notarial partition declaration. The house, as well as the co-ownership share of the property on which the house stands, are condominium ownership.