Capital investment in Stade's old town directly on the Schwinge with 11 apartments

The building was constructed around 1900 and underwent a core refurbishment and structural reinforcement in 1984.

It is located on a plot in the old town of Stade, directly on the canal, with an area of 310 square meters and a constructed area of 214 square meters.

The building has been family-owned since 2007 and has been continuously renovated. This includes 8 new bathrooms and 7 new fitted kitchens including electrical appliances, renovation of the entire façade, a new gas central heating system and other points, which are listed in the exposé in the form of a timeline.

According to the WoFIV of September 2022, the total living space is 584.85 square meters. The building contains a total of 11 residential units, one of which is furnished and has a separate entrance. All residential units also have a cellar or attic compartment for storage. There is also the option of securely locking up bicycles outside on the property.
Six apartments also have a south-facing balcony with a wonderful view of the adjacent old town and the canal. Another apartment on the ground floor has a large terrace.

The building currently generates a monthly net cold rent of €5,546.00.
The rental income of half of the residential units is below the average for comparable apartments, which means that a positive trend in rental income can be expected.

Further information and breakdowns can be found in the exposé. If you are interested, please contact us and we will send it to you by e-mail.

This is a private sale by an architect; we ask real estate agents to refrain from contacting us or offering their services. The property is being sold exclusively by private individuals.

To potential buyers: By selling privately without an estate agent, you do not have to pay the estate agent's commission, which means that there are no additional purchase costs of at least 3% for the buyer.

The property is located in the historic center of Stade directly on the Schwinge. Quietly located on the corner of Bungenstraße and Rosenstraße, it is on the edge of Stade's city center/old town with a number of shopping facilities. There is also a large Kaufland supermarket within walking distance. A number of restaurants, bars and markets in Stades are also within walking distance.

The Stade train station with direct S-Bahn and regional train connections to Hamburg, as well as the central bus station are within walking distance of 1000m and thus offer a perfect starting point for commuting.