Apartment building with 7 residential units Option for 8 apartments free of commission MFH 21 units

This property is a fully rented apartment building with 7 residential units built around 1905 on a plot of approx. 862 m² in a central location in Lägerdorf. It is located opposite the outdoor pool.
It was built in solid red-brick construction. The windows are all double-glazed.
The apartment building has a rented living space of approx. 350 m² as well as a shed on the property for storage.
You will find the following residential units:
-flat 1 with approx. 55 m² living space
-Apartment 2 with approx. 43 m² living space
-Apartment 3 with approx. 85 m² living space
-Apartment 4 with approx. 43 m² living space
-Apartment 5 with approx. 43 m² living space
-Apartment 6 with approx. 43 m² living space
-Apartment 7 with approx. 38 m² living space
In the attic there is a storage area/one-room apartment that is currently being converted. It has been developed and the bathroom has been completed.

The attic with the loft was subsequently converted into living space. In March 1993, the conversion was approved by the district administrator of the Steinburg district. The conversion was carried out by specialist companies under the supervision of architect Hartwig Tode. The requirements of DIN4109 sound insulation in building construction and the heat insulation regulations were taken into account.

The apartments are heated by a central gas condensing boiler, which was installed in 2021.
Radiators are installed with the exception of the ground floor apartment renovated in 2022. This has underfloor heating. Each apartment has its own electricity meter, the general electricity is billed via a separate meter. The heating is billed via heat cost allocators and heat meters.
Individual skylights and façade windows were replaced in 2024. The floors in the attic apartment and the apartment on the 1st floor were partially renewed in 06.2022.

The current net cold rent amounts to around € 30,840.00 with short-term potential for an increase.
The actual factor is 20 with a yield of 5 %.
The average rental income is only € 7.34/m².

The lively municipality of Lägerdorf is located in the district of Steinburg in Schleswig-Holstein, currently has around 2,600 inhabitants and is part of the Hamburg metropolitan region. Since April 1, 2003, the formerly independent municipality has been administered by the Breitenburg district authority. Lägerdorf has good transport connections and a good infrastructure with playgrounds, kindergartens, an elementary school, various shopping facilities, an outdoor pool and a community center. In addition, a wide-ranging club life provides a variety of sporting and cultural activities and events all year round.

Lägerdorf is also not far from Itzehoe. Itzehoe, also known as the city in the countryside, is located directly on the River Stör and has many wooded areas in the surrounding area. Itzehoe is the district town of the Steinburg district, has around 31,800 inhabitants and is one of the oldest towns in Schleswig-Holstein. In addition to museums and a theater, there are many opportunities for leisure activities such as a swimming pool, a cinema and many sports clubs. A wide variety of shopping facilities offer a wide range of options. Itzehoe is conveniently located on the A23. You can get to Hamburg quickly. But destinations on the North Sea or Baltic Sea are also within easy reach and further increase the recreational value. Due to the expansion of the HVV, Itzehoe belongs to the corresponding HVV area.