Multi-family house with stable rental income and development potential.

This multi-family building in Tangermünde offers a solid combination of stable rental income and further development potential. The building, constructed in 1925, currently comprises four residential units and a separate commercial unit. The total living space is approximately 333 m², complemented by a commercial space of approximately 105 m². All units are currently fully occupied. The breakdown is as follows:
- Approximately 107 m² on the ground floor, left side – rented
- Approximately 63 m² on the ground floor, right side – rented
- Approximately 90 m² on the first floor, left side – rented
- Approximately 73 m² on the first floor, right side – rented
- Approximately 105 m² commercial unit – rented

In addition, a parking space is rented separately, generating an additional monthly income of €37.50. The property currently generates a net cold monthly rental income of €3,400, plus €37.50 for the parking space, totaling €3,437.50 per month, or €41,250 per year. The existing rental agreements are stable. In some areas, the rents are below the local average, which presents further development potential in the future. An additional benefit is the potential for expansion in the attic space. Approximately 220 square meters of floor space are available. Preparations for water and electrical connections have already been made, allowing for the potential creation of additional living space in the future. The commercial unit was newly built in 2017 and is currently leased to a physiotherapy practice. It features modern amenities, including underfloor heating, a built-in kitchen, and separate restrooms, ensuring a stable income stream. The property encompasses approximately 819 square meters and offers ample space for parking areas and further development opportunities. Key features include:

* Hybrid heating system (gas/pellet, built in 2017)
* Photovoltaic system
* Partial underfloor heating
* Plastic windows with double glazing
* Fireplace on the ground floor
* Courtyard and outbuildings
* Intercom system connecting all four residential units

Overall, this is a leased investment property with a solid income track record and additional development potential.

The property is located in Tangermünde, a well-established small town in northern Saxony-Anhalt, with a stable demand for housing and rentals. Tangermünde is situated directly on the Elbe River and combines historical charm with a well-developed infrastructure. The town boasts a well-preserved old town, numerous shopping facilities, and good connections to surrounding towns, particularly Stendal. Shops for daily necessities, such as EDEKA, Aldi, and Lidl, as well as doctors, pharmacies, and restaurants, are located nearby or easily accessible. For families, Tangermünde offers excellent infrastructure, including several daycare centers, primary schools, and secondary schools. These educational institutions include:
* Comenius Primary School
* Diesterweg Gymnasium
* Tangermünde Private Gymnasium
Several childcare facilities are also available, including:
* Johanniter Daycare Center "Farbenspiel"
* DRK Kita "Sausewind"
* Johanniter Daycare Center "Kleine Ritter"
Transportation is provided by Tangermünde train station and bus connections to Stendal and the surrounding area. From Stendal, there are further train connections to cities such as Magdeburg and Berlin. The combination of a quiet residential location, good infrastructure, and available educational and childcare facilities ensures the long-term attractiveness of the location and a stable demand in the rental market.