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 basement. The living area amounts to 70.82 (presumably square meters). The house was built in 1959 and stands on a plot of 654.2 square meters. The energy consumption is 114 kWh per square meter per year, which corresponds to energy efficiency class D.

The apartment is vacant and suitable for at least 4 people, and it can be rented through the Jobcenter for a minimum net cold rent of €650, yielding a gross rental return of 6.5%. There is additional potential through simple renovation and leasing at a higher standard.

In addition to the offered apartment, there are other already rented apartments in the building available for sale.

The structural condition of the building is good, with no deferred maintenance. The roof dates back to the construction year and is lightly insulated, with no need for renewal. The facade was repainted in 2014. The oil-fired central heating was installed in 2017, and the Class A circulation pump was renewed in 2023. Domestic hot water is provided decentrally via gas and electric boilers.

The apartment represents an attractive investment opportunity, offering a solid yield and being in good structural condition, with no immediate maintenance measures required.

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 opportunities, restaurants, and cafés that cater to daily needs. Public transportation is excellent, with the Saarbahn stop at Turnerstraße and several bus stops nearby, which provide quick connections to Saarbrücken main station and other districts.

Ludwigstraße itself is a quiet residential street characterized by well-maintained multi-family houses and small commercial enterprises. The nearby Malstatter Market offers additional shopping opportunities and a lively 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 setting.

The building was constructed in 1959 and is in good condition, without any backlog in maintenance.

The windows are made of double-glazed PVC and are in good condition. The roof, dating from the year of construction, is lightly insulated without any need for replacement. The oil-fired central heating was installed in 2017, and in addition, the Class A circulation pump was renewed in 2023, further enhancing the energy efficiency. Domestic hot water is provided decentrally via gas boilers, ensuring a constant supply.

The building is fully basement and offers individually lockable storage areas for each residential unit, with 2 separate basement rooms for the two commercial units.