House for sale • 785 m² without real estate, Lower Saxony

COMMISSION-FREE!!!

Living area: 785 m²

Land area: 574 m²

Property type: Multi-family house

Year built: 1953

With basement

Currently fully rented

The property is located in the heart of Hildesheim on a freehold plot.

At the rear there are 4 garages, one car parking space, and an additional apartment.

The 10 apartments, the shop, and the garages are all rented.

Each apartment is equipped with a gas-fired individual heating system that has been gradually renewed.

The apartments are individually registered in the land register (condominium community).

Between 2013 and 2025, extensive renovation measures were carried out, including electrical work, bathrooms, water and sewage pipelines, and the gas boilers. The top-floor apartment was completely renovated in December 2025; the water and sewage pipelines were entirely renewed.

All windows are double-glazed ISO windows.

The attic was extended with a large area of dormers.

The current rental income is approximately €97,314 per year.

After purchase, through rent increases, an income of €113,000 per year can be achieved.

Location:

The seat of the Catholic Diocese of Hildesheim was, until 1974, an independent town. In 1974, Hildesheim was designated a large independent city as part of the territorial reform in Lower Saxony, later becoming a major city. Since then, together with the area of the former district Hildesheim-Marienburg—and from 1977, expanded by the former district Alfeld (Leine)—Hildesheim has formed the district of Hildesheim, of which it is the administrative center. From 1885 until 1978 there existed an administrative region of Hildesheim. Since 2014 the regional representative for the Leine-Weser area—which covers the entire, now dissolved (2004), administrative region of Hanover—has been based in the city. Hildesheim is home to three institutions of higher education: the University of Hildesheim Foundation, the University of Applied Sciences and Arts (HAWK), and the North German University of Justice. St. Mary's Cathedral and St. Michael's Church are among the most significant examples of early Romanesque architecture and have been UNESCO World Heritage Sites since 1985. With approximately 101,319 inhabitants, Hildesheim offers excellent infrastructure. The demand for rental apartments is very high, resulting in a very low vacancy rate. Several large construction projects featuring both rental and owner-occupied properties attest to the strong demand for housing.

Energy certificate: Consumption certificate (to be newly applied for)

Miscellaneous: NO COMMISSION