Multi-family house with 4 apartments, located in a central area.

Located in a central area of Heide, this multi-family house presents itself as an investment property with development potential. Originally built in 1920 as a farmhouse, the building was converted into a multi-family house with four residential units in 1983. Today, it offers a functional property with approximately 239 square meters of living space on a 924 square meter plot of land. The four apartments consist of 2 to 4 rooms, with living areas of approximately 38 square meters, 54 square meters, 58 square meters, and 89 square meters. All four apartments are reliably rented and currently generate an annual gross rental income of €21,870.00. This corresponds to a yield factor of 18.1 or a gross return of approximately 5.5%. Rental payments are made on time, and the property has been almost fully occupied in recent years. Heating and utility costs are transparently and consumption-based. Meters from the company Brunata are installed to accurately record heating and hot water consumption. A company is contracted to provide winter maintenance services. The property features, among other things, a gas central heating system from Vaillant, installed in 2018, which provides both heating and hot water. The heating system is serviced annually by a qualified company. The plastic windows and doors were replaced in 2017 and contribute to the property's energy efficiency. The anthracite-colored double-slatted fence was installed in 2022. The apartments have been progressively modernized in recent years (floors, kitchens, doors, bathroom fixtures, blinds, etc.). The property boasts a long driveway, separate garden areas for each tenant, and a shared shed – ideal for bicycles or gardening equipment. The size of the property allows for ample privacy and a variety of outdoor uses. This is a solid investment property with the potential for appreciation, whether for long-term ownership or as a starting point for future improvements. Documentation, including a property description, living area calculations, floor plans, energy performance certificate, and views, is available and can be provided upon request. The interior photos are from the respective apartment handovers. To protect the privacy of the tenants, please do not enter the property without prior agreement.

The property is located in a central and well-connected area of the town of Heide, the district capital – a vibrant mid-sized town in the heart of Dithmarschen, with approximately 22,000 residents. Heide is a regional center between the North Sea, the marshlands, and the geest, serving as both a residential and commercial hub with a stable demand for housing. The property's location is characterized by an established residential area and offers a pleasant combination of a peaceful living environment and proximity to essential amenities. A variety of shops, restaurants, cafes, service providers, as well as medical and educational facilities are within walking distance – ideal for daily needs. Due to its proximity to the city center, residents benefit from short distances to the most important areas, including the large market square, pedestrian zone, and cultural attractions. The transportation links are excellent: Heide has a regional railway station with connections in all directions (e.g., to Büsum, Neumünster, and beyond), which facilitates commuting and mobility. Public bus lines complement the local transportation options. Via the nearby A23 motorway, Heide is directly connected to the regional road network, making commutes to cities like Hamburg or surrounding communities comfortable. The location combines a stable demand for housing, good infrastructure, and short distances – factors that sustainably support the rental potential and value stability of this investment property.