Fully occupied residential and commercial building in St. Johann, Saarbrücken.

For sale is a fully occupied residential and commercial building in a central, urban location in Saarbrücken (St. Johann district). With a total living/commercial area of approximately 862 m² on a plot of land of about 345 m², spread over the ground floor and five upper floors, comprising a total of 19 units, the property is one of the larger multi-family buildings in the Saarbrücken city area. The building, constructed in 1957, includes 11 residential units and 2 commercial units on the ground floor, as well as several garage and storage spaces in the rear of the property. The balanced mix of residential and commercial use provides a stable income structure and a broad risk diversification. The roof of the rear extension has already been renovated; the district heating supply has been converted to a direct service model for tenants, meaning that heating costs are billed directly between the supplier and the tenants. Due to its central location, existing full occupancy, and clear potential for rent increases, the property is particularly suitable for investors focused on long-term, stable rental income. Currently, the property generates a net cold rent of €82,581.60 per year (€6,881.80 per month, including...). The property consists of apartments and garages, with a target annual rental income of €93,000. This corresponds to a gross rental yield of 5.94% (actual) or 6.69% (target), and a price-to-rental ratio of 16.8 (actual) or 14.9 (target). Key features: Fully let – stable, immediate income generation. Prime city center location with high demand for rental properties. Potential for rent increases of approximately €10,400 per year (actual/target). Diverse tenant base across 16 rented units, providing risk diversification. Index-linked and stepped rental agreements already in place. 10 out of 11 apartments have balconies. Additional income from garage and storage spaces. Newly renovated roof (rear extension).

The property is located in the popular St. Johann district of Saarbrücken – a central, urban area with high demand for housing. The city center, shops, restaurants, doctors, pharmacies, and other essential services are all within easy reach. Public transportation links are excellent; bus and train connections are within walking distance.

The proximity to the city center, the University of Saarland, major employers, and the French border makes this location attractive for both traditional rental housing and for students and professionals seeking accommodation.