House for sale • 670 m² without real estate, Brandenburg

We offer a multi-family house (MFH) built around 1915 with a coach house (Remise), located in the immediate city center of Wittenberge. This building underwent a core renovation at the beginning of the 2000s and has since been continually modernized and renovated with tenant turnovers.

In 2017/18, a new energy-saving heating system including a new heat exchanger was installed, and in 2025, a new hot water storage unit was added. In 2025 the facade was renewed and both staircases were refurbished. The roof windows were completely replaced in 2024/25.

The apartments have been continuously renovated with tenant changes.

All in all, the property has been fully rented out for years, generating a net cold rent of almost 4,200 EUR per month. With a purchase price per square meter of well under 999 EUR and a factor of almost 12.5, a yield of 6.5% appears to me to be a lucrative and worthwhile investment.

Wittenberge is located on the Elbe River, in the northwest of Brandenburg. With over 17,000 inhabitants, Wittenberge is the most populous locality in the Prignitz region. The Steintorturm with its battlements, the Pencil Tower of the Protestant church, the helm-shaped dome of the town hall tower, the tower of the Catholic church which was rebuilt in 2012 after its destruction in 1945, the Singer clock tower with the second largest clock in Europe, and not least the impressive water tower—all these belong to the unmistakable panorama of the city and invite you to linger between tower and river. The Wittenberge train station lies on the ICE route between Berlin and Hamburg and is the most important station between the two cities. Ultimately, everyone is hoping that the highway will be completed soon.

The house is in a good condition, appropriate to its construction year, maintenance, and care. The apartments are in good condition, meeting needs without representing luxury equipment. They are managed in a way that meets the region's housing requirements.

If you are looking for a solid property, please contact me with COMPLETE CONTACT DETAILS; if you are looking for something exquisite and special, you are unfortunately in the wrong place. After receiving your details, you will be sent the detailed and informative exposé.

Thank you for your understanding.