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

Here is the translation:

This apartment in a multi-family building, offered with a gross rental yield of 6.5%, comprises 18 units, including 16 residential apartments and 2 commercial units on the ground floor. The building spans four floors, excluding the attic and basement, and is completely basemented. The living area amounts to 56.14 m². The building was constructed in 1959 and is situated on a plot of land covering 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 rented at a 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 further already rented apartments for sale in the building. The pictures are sample images; current photos are not available.

The structural condition of the building is good, with no maintenance backlog. The roof dates from the building’s construction and is slightly insulated, with no need for replacement. The facade was repainted in 2014. The oil central heating system was installed in 2017, and the circulation pump, rated Class A, was renewed in 2023. Hot water is produced decentrally by gas and electric water heaters.

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

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

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

Overall, the property’s location offers an ideal combination of urban living and a peaceful residential atmosphere.

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

The windows are made of double-glazed PVC and are in good condition. The roof dates from the building’s construction and is slightly insulated, with no need for replacement. The oil central heating system was installed in 2017. Additionally, the circulation pump of Class A was renewed in 2023, further enhancing energy efficiency. Hot water is produced decentrally by gas water heaters, ensuring a constant supply.

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