Brokerage-free from private owner Apartment building 8 residential units Investment yield property

This attractive apartment building was built in 1963 in solid clinker brick construction on a 412 m² corner plot.
The four-storey, extremely well-kept building has eight residential units with a living space of approx. 548 m² plus a full basement.
Usable floor space 137 m²
The building was extended in the mid-1970s.

Benefit from a property in top condition that is continuously maintained.
In addition, measures such as a renovation of the flat roof, a new coat of paint on the façade and various renovations have been carried out in recent years, to name just a few examples.

Each full floor has two residential units, offering individual apartment sizes of between around 66 m² and 71 m².
The current annual basic rents for the eight residential units amount to 50,683.20.- as at 01.01.2026

Rent increase 5 of 8 apartments 01.04.2026 53.819.76,-

A long-term rent increase is secured.

The heating of the building, which is provided by district heating, is an absolute advantage.
Hot water is provided by instantaneous water heaters. Furthermore, all apartments have double-glazed plastic windows. The roof was covered with solid roofing felt in 2014.
The façade was constructed in solid clinker brick.
It was repainted in modern shades of anthracite and light gray.
The fabric of the building as well as the technology are constantly maintained and necessary repairs are carried out immediately. The property has a full basement and offers tenants practical storage space.

In addition, the property has been looked after and managed by a property management company for many years.

The city of Neumünster is located in the center of beautiful Schleswig-Holstein and is the fourth largest city in the northernmost federal state. The population remains constant at around 80,000, with a slight upward trend.

The property is situated in a traffic-calmed street in an extremely central location, meaning that public transport, Neumünster train station, all shopping facilities, schools and kindergartens can be reached in just a few minutes. All important local suppliers, doctors and pharmacies are also in the immediate vicinity.

To the north towards Kiel and to the south towards Hamburg, the highway 7 and the federal highway 430 offer excellent connections to the North Sea and Baltic Sea.