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Apartment building with 4 residential units for investors

49328 Melle/Riemsloh (Riemsloh) – Niedersachsen
415.300 €
12
Room
331 m²
Living Area
1,767 m²
Property
house
multi-family house

This apartment building offers you a strong rental yield of currently 8.6 %.
Potential to increase to over 9 % if rents rise.
Ideal for capital investors and investors.

The apartment building consists of 4 rented residential units, 3 garages, 1 carport, 4 garden plots.

Further potential:
Convertible attic (sufficient ceiling height, own access already available)
Plot development on the 1767m2 plot into building land, partly already buildable today!

The property was built in 1910, of which only the cellar of the right-hand part of the building and the exterior walls, which were restored in the 1970s, remain.
In the years 1972 to 1977 and also in the following years, extensive conversion and extension work was carried out on the house. In detail, these included
- Re-roofing of the entire building roof.
- Brickwork on the entire building with the exception of the garden side
- Construction of three garages and a carport
- Extension on the left-hand side of the property
- Renovation of the main trades water, sewage, electrics
- Central oil heating from 2002, regularly serviced
- Renovation of apartment 1OG 2022 (bathroom, floors, some heating pipes, walls)
-Energy measures: New flat roof on the extension incl. insulation 2024

Total rental income per year (actual): 35800€ (rental yield 8.6 %)
Of which
Apartments: 31608€
Other income: 4200€
From advertising poster, vending machine, garages, garden, inventory

Total rental income per year (target): 37440€ (rental yield >9 %)
Of which:
Apartments: €31440 if all apartments are rented at the local comparative rent of €8.50/m2
Other income: 6000€

Non-allocable costs:
300€ HV

The house and tenants are currently professionally managed by a property management company.

This is a private sale without estate agent. No estate agent commission.

We look forward to your inquiry!

Are you interested in this house?

Object Number
OM-325123
Object Class
house
Object Type
multi-family house
Is occupied
Occupied
Handover from
immediately

Purchase price & additional costs

purchase price
415.300 €
Purchase additional costs
approx. 26,499 €
Total costs
approx. 441,798 €

Breakdown of Costs

Purchase price 415.300 €
Real estate transfer tax 20,765 € (5.00%)
Notary costs 3,796 € (0.91%)
Land register entry 1,938 € (0.47%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,440€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.20%

Details

Condition
well-kept
Number of floors
2
Bathrooms (number)
7
Bedrooms (number)
9
Number of garages
3
Number of carports
1
Number of parking lots
4
Flooring
laminate, tiles, vinyl / PVC
Heating
central heating
Year of construction
1910
Equipment
terrace, garden, basement, full bath, shower bath, fitted kitchen, guest toilet
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Two apartments have inventory such as furniture and kitchen.

Location

The apartment building on offer is located in Riemsloh, a district of Melle.
- Everything for daily needs such as various shopping facilities, daycare centers, schools and
and doctors can be found in the immediate vicinity.
- You are well connected via the nearby federal highways 61, 239 and highway
30.
- Public transport connections:
Bus | Riemsloh Koch (approx. 2 minutes on foot)

Location Check

Natur
Medizin
Sport
Mobilität
Einkaufen
Restaurants
Kultur
Nachtleben

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
consumption certificate
Main energy source
oil
Energy consumption value
166.00 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Saß