High-yield and well-maintained multi-family building in a good location – fully let | NO COMMISSION.

High-yield and well-maintained multi-family house in a good location with a garden – fully rented and a solid investment (suitable for conversion into a condominium).
*For sale directly from the owner (commission-free)*
For sale is a well-maintained multi-family house with 8 units, offering attractive potential for appreciation and ideal for owners and investors seeking a solid, long-term return. Each apartment has its own land register entry, making it easy to sell individual units. The apartments and the building have been continuously modernized over the years. With a living area of 627 m², a plot of 455 m², a total area of 707 m², and a large, level garden of approximately 246 m², the house offers additional outdoor space for tenants and increases the overall value of the property. KEY FACTS AT A GLANCE:
• Type of property: Multi-family house
• Location: 44629 Herne, North Rhine-Westphalia
• Living area: 627 m²
• Plot size: 455 m²
• Garden area: approximately... 246 m² (level and usable)
• Total area: 707 m²
• Year built: 1936
• Energy performance certificate: E
• Number of units: 8 apartments
• Occupancy: Fully rented, long-term (no vacancies)
• Annual gross cold rent (TARGET & ACTUAL) per year: €52,307.16
• Gross yield: approximately 6.4%
• Purchase price: €829,000

HIGHLIGHTS:
• Fully occupied multi-family building with 8 independent units – ideal flexibility for future strategies (individual sale, establishment of a condominium association, or long-term rental).
• Attractive yield profile with stable rental income and additional potential for improvement.
• Spacious garden (approx. 246 m²) on level ground – ideally usable for tenants or communal use.
• Continuously modernized apartments – well-maintained condition with no outstanding renovation needs.
• Central location in a good residential area with excellent infrastructure (public transport, schools, shops, parks).

CONCLUSION:
Overall, this multi-family building presents itself as an extremely solid and versatile investment with a long-term perspective and attractive exit options. The combination of stable rental income, well-maintained property, and existing development potential creates a reliable foundation for sustainable wealth building. Thanks to full occupancy, the potential for division into individual ownership units (condominiums), and continuous modernization, the property is suitable for both risk-averse investors and those with a strategic long-term vision. Whether as a high-yield existing asset or with a focus on future individual sales, this property offers a stable investment opportunity with a clear outlook and compelling return potential.

The multi-family building is located in a highly desirable and central residential area. All essential amenities, such as supermarkets, pharmacies, doctors' offices, schools, and kindergartens, are easily accessible.

The transportation links are excellent: public transportation, highways, and major roads are just a few minutes away. The area is characterized by a high quality of life, stable rental demand, and well-maintained neighborhoods.

This location is equally attractive to families, commuters, and investors – it offers a combination of security, infrastructure, and good investment potential.