Flat for sale 1 bedroom • 225 m² without real estateZehlendorf Zschornewitz Sachsen-Anhalt 14163

For sale is an attractive apartment package consisting of 7 rented apartments located at the property "Ringweg 15, 06785 Oranienbaum-Wörlitz." The total living area is approximately 225 m². The package includes about 55% of the co-ownership shares within the condominium owners’ association, thereby ensuring a strong economic stake in the overall property.

The building was constructed in 1995 and is presented in a solid, well-maintained condition. A particular advantage is that there is no recognizable backlog of maintenance, as the property has been continuously maintained, making it a stable, straightforward investment with manageable management efforts. The gas central heating was completely replaced in 2023.

The total monthly cold rent is approximately €1,250, which, in relation to a purchase price of €165,000, results in a very attractive ratio of roughly a factor of 11 (current rent). This makes the package ideal for investors who value ongoing income, low maintenance risks, and a solid asset.

The rental agreements are partly secured by tenants with guaranteed rent payments (authorities), providing the property with above-average payment security and no rental defaults.

The property is located in Oranienbaum-Wörlitz (ZIP code: 06785) in a quiet, easily accessible residential area. The surroundings are characterized by residential developments and offer a pleasant, unpretentious living environment—ideal for tenants who prefer a practical and well-connected location.

A particularly noteworthy advantage is the excellent transport connections: The property can be reached in just a few minutes and is close to the motorway junction, which benefits both the daily accessibility for tenants and results in short travel times for craftsmen or service providers. This ensures that the management remains efficient and predictable.

The apartments have been continuously modernized and maintained in recent years. In most units, new vinyl flooring has been installed and painting work completed within the last three years, giving the apartments a fresh, contemporary appearance.

All apartments come with simple kitchenette setups, further supporting their rentability and allowing immediate move-in for tenants. The staircase was repainted approximately two years ago, underscoring the well-kept overall impression of the property.

The building has been intentionally designed as a straightforward, solid investment asset: no elevator, clear layouts, and low technical complexity—which typically results in fewer ongoing repair and maintenance issues. Overall, it is a hassle-free investment with stable rental characteristics.