Well-maintained multi-family building with an annual net rental income of €44,340 and 8 units, located in Paderborn-Stadtheide.

For sale is a well-maintained, brick multi-family house located on a quiet side street in Paderborn. The property, built in 1975, has a living area of approximately 388.73 m² and comprises a total of 8 units. The property consists of 4 apartments and 4 furnished rooms, which are rented out separately. The furnished units each have their own apartment entrance door, a separate entrance, and their own bathroom, making them functionally usable as independent units. The current monthly cold rent is €3,695, which corresponds to an annual cold rent of €44,340. The tenant structure is stable and provides reliable ongoing income.

Features & Modernizations:

Heating:
Two Buderus central heating systems in the basement (built in 2005).
Underfloor heating in the attic and apartments, renovated in 2016.
Bathroom Renovations (all approximately 10 years ago):
Attic apartment (large apartment) – bathroom renovated.
Attic apartment – bathroom renovated.
Basement apartment at the rear – bathroom renovated.
Basement apartment at the front – bathroom renovated.
Electrical Installation: All electrical distribution systems on each floor were renewed in 2015-2016.
All electrical panels were updated to meet RCD (Residual Current Device) standards (0.03 A).
New lighting and switch fixtures were installed in some of the apartments.
Interior areas (new):
The hallway has been completely repainted in fresh white.
The basement area has been repainted.
Exterior areas:
Double garage
Balcony
Garden
Covered terrace
Further improvements:
New front door (October 2025)
Replacement of the mailbox system
Originally designed as a classic multi-family building, this property offers not only current use as an investment property but also further development potential. Due to its existing layout, the property is also suitable for alternative living concepts, such as multi-generational living, communal living for multiple families, or a combination of owner-occupation and rental. The flexible structure of the units allows for a versatile range of uses for different lifestyle and investment concepts.

The property is located in the Stadtheide district of Paderborn, in a quiet yet well-connected location. It is situated behind Detmolder Straße (a major thoroughfare), which combines central accessibility with a pleasant and peaceful living environment.

Several bus stops are located nearby.
Shopping facilities are within walking distance (approximately 300 meters).
Schools, doctors' offices, and other amenities are easily accessible.