From private owner: 2x 2 ZKB - near Findorffmarkt (for investors or owner-occupiers)

On offer is an apartment in Herbststraße, in a central and very popular location in Findorff, within walking distance of Findorffmarkt. The apartment, which is registered as one unit in the land register, has two 2-room apartments that can be rented separately, divided into approx. 50 sqm on the mezzanine floor and approx. 33 sqm in the basement. The apartments each have their own meters and heating and hot water supplies (combi boilers) from 2013 and 2004.

According to experts, a total net cold rent of €12,000 p.a. and more is realistic for both units (not only if rented furnished) in this sought-after location. This results in a possible yield of at least 5% for capital investors. The apartments are vacant, have been partially refurbished or renovated and can be let immediately.

Both apartments have a classic layout with 2 rooms, kitchen and bathroom and are simply furnished with partly tiled floors and laminate. The larger apartment on the mezzanine floor has two rooms, an older but fully equipped kitchen, a full bathroom and a small balcony (loggia). The smaller apartment in the basement has an eat-in kitchen with a kitchenette and a large window overlooking the front garden, a bedroom facing the courtyard and a shower room. Cellar rooms are available.

The apartment building with a total of eight units (currently 7 owners) was built in 1954 and has a solid substance that has been continuously maintained and partially modernized by the community of owners. For example, the façade was renovated and painted in 2011. An energy certificate (consumption certificate valid until 28.6.2028) is available: Consumption 108.8kW p.a., energy efficiency class D). The house rent is currently € 279.00 per month. This includes € 91.12 reserve and € 158.29 apportionable ancillary costs. The existing maintenance reserve for the house as a whole (currently around € 37,000) is included in the purchase price.

In 2007, an offer was obtained for roofing work, which was not carried out. The same applies to a complete window replacement and a composite thermal insulation façade, for which offers were obtained in 2017.

The apartment on the mezzanine floor was extensively renovated in 2009. The walls were redecorated and repainted, the floor was covered with laminate and the windows from 1981 were overhauled and serviced. The bathroom was also renovated. The boiler for heating and hot water in the bathroom was replaced in 2013. A new expansion tank was installed in 2020. In 2017, the electrics were also renewed and the risers in the bathroom and kitchen were renovated.

The apartment in the basement was refurbished in 1985 and converted from cellar to living space. A new shower room and a new window were installed in the rear room. The condensing boiler was installed in 2004 and is in good condition due to regular maintenance. A new heat exchanger was recently installed. A high-quality lifting system was installed as part of a bathroom renovation in 2012 and is regularly maintained. As part of a building permit granted for subsequent legalization as living space, several conversions were carried out in the basement in 2025 with a total investment of around € 27,000, including the replacement of doors and the installation of new F90 drywall in the hallway. The window in the front room was also replaced and the light well in front of the window was enlarged to meet fire safety requirements. The owners' association had approved all measures in advance.

The price of € 239,000 is negotiable.
The apartment is being sold privately, so please refrain from contacting estate agents!

The apartment is located in the middle of Findorff, between Schlachthof-, Admiral-, Hemm- and Eickedorfer Straße. It is a very popular location, as the stores in Hemm- and Admiralstraße are just as easily accessible as the Findorffmarkt and the Bürgerpark. The main train station is also about a 10-minute walk away. Public transport stops are also in the immediate vicinity.