House for sale • 616 m² without real estateMühlenstr.56 Neumünster Neumünster Hamburg 24539

Here is the English translation:

Maintained Multifamily House with 9 Residential Units in Neumünster

For sale is a well-maintained multifamily house with 9 residential units on a generous plot of approximately 1,419 m² in a quiet residential area of Neumünster. The building was constructed in 1973 with solid construction, has been regularly maintained, and offers a total living area of approximately 616 m².

Special Feature: The house is already divided into condominium units – each unit is separately registered in the land register. This creates maximum flexibility for a future individual sale or a staggered exit – a clear advantage for investors.

Tenant Structure & Occupancy Status

• Currently, 8 out of 9 units are rented – mostly long-standing, stable rental agreements.

• One vacant apartment (maisonette) is undergoing renovation and can be re-let on short notice.

• Current annual net cold rent: €57,020.52

• Rental potential if fully occupied: approximately €68,180 per year

• Further potential for increase after the ongoing renovations are completed.

Full occupancy will be achieved after the renovation.

Modernizations & Condition

• 2020–2023: several apartments comprehensively renovated (floors, bathrooms, electrical systems)

• 2005: Windows (PVC, double glazed) renewed

• 2005: Oil central heating renewed

• Façade & roof: functional, with medium-term potential for energy or aesthetic modernization

Features & Key Data

• PVC windows, double glazed (circa 2005)

• Oil central heating (circa 2005)

• 12 parking spaces (including 4 directly in front of the house)

• Shared garden for all tenants

• Separate basement compartments, well-maintained staircase

• Plot size: approximately 1,419 m²

• Total living area: approximately 616 m²

Apartment Layout & Occupancy Status

Ground Floor

• 3-room apartment, 66 m² (left) – rented since 2021, renovated

• 2-room apartment, 44 m² (center) – rented since 2021, renovated

• 3-room apartment, 66 m² (right) – rented since 2018, renovated

First Floor

• 3-room apartment, 66 m² (left) – rented since 01.08.2025, renovated

• 2-room apartment, 45 m² (center) – rented since 01.08.2025, renovated

• 3-room apartment, 66 m² (right) – rented since 2022, renovated

Second Floor

• 4-room maisonette, 110 m² (left) – rented since 2023, in need of renovation

• 2-room apartment, 44 m² (center) – rented since 2023, renovated

• 4-room maisonette, 110 m² (right) – vacant, under renovation

Conclusion

A well-maintained multifamily house with a solid tenant structure, proven building quality, and an existing condominium structure – ideal for investors focused on established properties with development potential. With moderate follow-up investments, the property value can be increased and the rental yield further optimized.

Energy Certificate Details:

Consumption certificate, energy class D, energy consumption of 119.57 kWh/(m²·a),

Energy source: heating oil

The property is located in a pleasantly quiet residential neighborhood of Neumünster – a dynamically growing city in the heart of Schleswig-Holstein with increasing significance as a residential and economic hub. The surroundings are characterized by a mature, well-maintained environment and provide a balanced mix of urban proximity and living close to nature.

All essential amenities – including supermarkets, doctors, pharmacies, schools, and day-care centers – are reachable within a few minutes. The infrastructure is solidly developed: public transport is well-timed, and with quick access via the nearby A7 to Kiel, Hamburg, and Lübeck, the location is also attractive for commuters.

The site benefits from its central location within Schleswig-Holstein and consistently stable demand in the rental housing market – particularly among families, commuters, and seniors. This creates planning security and supports the long-term value of the property.

A well-maintained multifamily house with a reliable tenant base, proven construction quality, and existing condominium structure – ideal for investors focusing on established properties with development potential. With moderate follow-up investments, the property value can be increased and the rental yield further optimized. This property offers a strong foundation for a sustainable investment in Neumünster.