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

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

The apartment is generally in need of renovation, but only if the tenants should ever decide to move out. At present, it is in a well-kept and fully functional condition. Only recently, the kitchen countertop along with its faucet was replaced, thereby enhancing the kitchen area both visually and practically.

The property is ideally suited for investors looking for a long-term, well-rented residential asset in a sought-after location in Stade – featuring a stable tenancy, clear prospects, and attractive development potential with 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 cabin

Fitted kitchen with a new countertop and faucet scheduled for 2025

Balcony and rear facade renovated in 2024

Net rent: 540 €

Last rent increase: March 2025

Gross rent: 1010 €

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

The non-recoverable service charges currently amount to approximately €228 per month, as a renovation loan is being repaid through a special levy of around €100 per month, which will continue for about 6 more years.