House for sale • 2459 m² without real estateAn der Landwehr 25 Bielefeld Bielefeld Nordrhein-Westfalen 33609

*Unique* Unique* Unique* Unique* Unique* Unique*

We are offering an extremely profitable property for investors.

The total of 30 residential units is fully and solidly rented to satisfied tenants.

The building is supported by public funds. This support ends on 31.07.2027, without any deferred period.

Current rents average €5.20 per m². Since these rents are far below the current rates for Bielefeld, they can be increased to €10 by the year 2036. This results, in the worst-case scenario, in a doubling of the sale price by 2036.

This property is unique and truly a bargain for savvy investors.

The residential building is located near the center in a quiet, low-traffic residential area in the heart of Bielefeld and offers all the advantages for successful renting.

• 3.7 km (in a straight line) from the center of Bielefeld.

• The city boasts excellent infrastructure as well as a renovated downtown with many bakeries and pharmacies, grocery stores, medical practices, kindergartens, primary schools, all-day schools, vocational schools, secondary schools, a high school, and other service providers—all easily accessible on foot.

• Multi-family house on 4 floors with a total of 6 apartments – fully rented, totaling 24 apartments

• 6 semi-detached houses

• No division declaration (currently being prepared)

• Land of approximately 3,700 m² (leasehold)

• A photovoltaic system is included in the purchase price

• Laminate flooring in the living areas

• Tiled floors in the hallway, bathroom, WC, and kitchen

• Plastic windows

• Front door and door intercom system

• Full facade thermal insulation

• Fully basemented

• Attic

• Gas central heating from 2006

• Cleaning service, snow removal, etc. available

• A total of 30 private underground parking spaces

• All apartments have balconies or terraces

Important! The land is leased from the church on a heritable ground lease. You are not purchasing the land.

Ground lease: approximately €23,198.50 per year.

Net rent: €191,695.02 per year.