Charming multi-family house with potential for renovation and customization.

Charming multi-family house with development potential on a large plot of land – Listed brick building.

For sale is a distinctive multi-family house built in 1910, constructed with solid red brick. It features a total of five residential units, plus additional development potential on the upper floor. This listed property offers historical charm, generous outdoor spaces, and versatile usage possibilities – making it attractive to both investors seeking rental income and those looking for potential future appreciation. The five residential units each have separate entrances and offer approximately 60 m² of living space. The separate entrances provide residents with a comfortable level of privacy. Four of the apartments are subject to long-term leases, while one unit has been vacant since May 2026 and can be immediately re-let or used by the owner. The current annual net rental income is €17,527. Based on the selling price, this represents an attractive net yield of 6.32%. Of particular note is the additional development potential of the first floor, which opens up further usage possibilities and offers further potential for appreciation. The property also includes generous storage spaces, approximately 25 m² per unit, ideal for storing bicycles, tools, equipment, or gardening supplies. The approximately 900 m² plot of land offers ample space for individual landscaping and creates a pleasant living environment for the tenants. Modernization work already completed:
* Roof replacement for the main building and ancillary structure (2005).
* Installation of double-glazed windows in four residential units (2005).
* Extensive renovation of one residential unit (2022):
-- Combined gas heating system for heating and hot water in one residential unit.
-- Bathroom modernization including new tiles and fixtures in one residential unit.
* Installation of electric underfloor heating in the kitchens and bathrooms of two additional apartments (2019).
* The heating is primarily provided by tiled stoves that use wood or coal. The existing heating system is protected by existing regulations. Due to the historical landmark status, there is no requirement to provide an energy performance certificate. The natural surroundings offer a high recreational value. The Buskow swimming area is only about a 4-minute drive away. The digital infrastructure is also developing positively: Broadband and high-speed internet are generally available in the region, making the property even more attractive for home offices and modern living. An interesting investment property with a stable tenant base, historical character, and further development potential.

The property is located in the district of Buskow, in the town of Neuruppin (postcode 16816), in the popular Ruppin lake region of Brandenburg. This residential area offers a peaceful and natural setting, combining rural charm with easy access to the town of Neuruppin. A particularly noteworthy feature is its proximity to Lake Ruppin, the longest lake in Brandenburg, which offers a wide range of recreational opportunities. The popular Buskow swimming spot is just a few minutes away and provides ideal conditions for swimming, relaxation, and various leisure activities, with its natural beach, sunbathing area, and idyllic surroundings. The surrounding area is characterized by vast natural landscapes, lakes, forests, and numerous cycling and hiking trails, making it ideal for nature lovers, water sports enthusiasts, and those who appreciate quiet living in a green environment. At the same time, residents benefit from the proximity to the town of Neuruppin, with its historic old town, diverse shopping opportunities, doctors, schools, restaurants, and cultural institutions. The capital city of Berlin is also easily accessible. Commuters and working professionals can reach Berlin in approximately 60 minutes via the nearby A24 highway. Additionally, there is a good rail connection to Berlin via the regional express train RE6. Therefore, this location is also ideal for commuters and people who want to live close to nature while also enjoying the proximity to the capital city.