Flat for sale 3+1 • 67 m² without real estateGrünendeicher Straße, , Lower Saxony

This apartment, which has been rented long-term and reliably since 2016 on Grünendeicher Straße in Stade, offers a solid investment with a stable tenancy. The current tenant family of five feels very comfortable in the apartment and would like to continue living there in the future. For buyers who value continuity and hassle-free management, this represents a significant advantage.

The apartment generally requires renovation, but only if the tenants were to move out one day. Currently, it is in a well-maintained, functional condition. Recently, the kitchen countertop along with its faucet was renewed, thereby enhancing both the appearance and functionality of the kitchen area.

This property is ideally suited for investors looking for a well-let residential property in a sought-after location in Stade – featuring a stable tenancy, clear prospects, and attractive development potential through future modernizations.

The property is located in Stade (21680), in a vibrant yet well-connected residential area in the Altländer Viertel.

Stade is a charming Hanseatic town with around 50,000 inhabitants and is situated in the Hamburg metropolitan region.

Bathroom with shower cubicle

Fitted kitchen with a new countertop and faucet scheduled for 2025

Balcony and rear façade renovated in 2024

Cold rent: €540

Last rent increase: March 2025

Warm rent: €1010

No rent arrears since the tenants moved in (2016).

The non-allocable operating costs currently amount to approximately €228 per month, as a renovation loan is being repaid via a special levy at about €100 per month, with approximately 6 years remaining.