House for sale • 781 m² without real estate, North Rhine-Westphalia

Capital Investment in Kreuztal: Well-Maintained Multi-Family House with 12 Residential Units and a Solid Tenant Structure

This attractive multi-family house with a total of 12 residential units offers investors a rare opportunity: Part of the complex was completely renovated in 1995 and supplemented in the same year by a new construction. The property has been continuously maintained, is in excellent overall condition, and shows no signs of deferred modernization – a reliable basis for stable rental income and long-term value retention.

Key Data:

- Total living area: approx. 781 m²

- Units: 12 apartments (approx. 50–85 m², 2–4 rooms)

- Annual net cold rent: approx. €76,000

- Year built / Renovation / Extension: 1995

- Condition: well-maintained, no outstanding renovation work

- Features and quality of the property:

• Highly rentable layouts with separate kitchen, bathroom, storage room, and individual basement storage

• Floor coverings: laminate or vinyl in the living areas, tiles in the bathroom, kitchen, and hallway

• Two apartments comprehensively renovated in 2025 (an excellent foundation for tenant retention and rental development)

• Central gas condensing boiler (Viessmann Vitodens 200-W, built in 2010, hybrid-capable)

• Well-kept outdoor areas with a garden area available for shared use

• Solid tenant structure, predominantly long-term rental agreements

Your Investment Arguments in a Nutshell:

- Predictable, stable rental income in a well-maintained property

- Development potential through moderate modernizations and rental adjustments within the scope of legal possibilities

- Very good rental appeal thanks to in-demand apartment sizes, functional floor plans, and the Kreuztal location

The property is located in a quiet, central residential area of Kreuztal, about 15 km northwest of the center of Siegen. Transportation connections are excellent: via Federal Road B54 and the R10 train connection, Siegen can be reached in just a few minutes.

Shopping facilities, doctors, restaurants, pharmacies, and public transportation are all within walking distance. Families benefit from several kindergartens, primary schools, as well as secondary schools (including a Realschule plus and a gymnasium).

Kreuztal impresses with a high quality of life, a stable economy, and a balanced rental market – ideal conditions for a long-term profitable real estate investment.