Attractive investment opportunity: a property with 6 units, balconies, and development potential.

For sale is an attractive multi-family house with a total of 6 residential units in Bielefeld, offering an interesting combination of existing rental income, already completed renovations, and further development potential. The property is particularly suitable for investors and existing property owners looking for a property with additional potential for appreciation. The multi-family house comprises 6 residential units, which are in varying states of renovation. Many parts of the house, as well as one apartment, have already been extensively upgraded and are presented in a modern and appealing condition. The renovated and well-maintained staircase, with its light walls, modern accents, and wooden-look steps, was completely redone this year. Significant investments have already been made in the building and communal areas in recent years, particularly in 2026. The facade was insulated in 2026 and subsequently completely repainted on all sides with a modern finish. This project not only significantly improved the building's exterior appearance but also involved energy-efficient upgrades to the building's structure. In addition, the basement area was completely renovated. The basement floor was resealed, and the wall surfaces were refurbished and repainted. The stairwell and communal areas were also modernized. All the windows were replaced. Light wall colors, modern accents, and wooden-look stair treads create a well-maintained and contemporary overall impression. As a result, the entire communal area of the building now presents a modern, bright, and appealing atmosphere. Five out of the six apartments are still in need of renovation or modernization. This presents a future owner with the opportunity to further develop the building gradually and to realize additional potential for value appreciation when tenants move in or out. Another advantage is the spacious balconies at the back of the building, as well as the existing green spaces and outdoor areas. The balconies offer residents an attractive addition to their living space and contribute to the property's long-term rental appeal. Currently, the property generates a net cold rent of approximately €2,580 per month, equivalent to an annual net cold rent of around €30,960. At the same time, there is significant potential for rent increases. For four of the six apartments, subject to the relevant legal requirements and the local rent index, there is potential to increase existing rents by up to 15%. In addition, the currently vacant apartments can be re-rented. Following the potential rent adjustments and the re-letting of the vacant units, a monthly net cold rent of approximately €3,800 is targeted in the short term. This corresponds to a potential annual net cold rent of approximately €45,600, representing an additional potential income of around €14,640 per year compared to the current rental level.

The apartment building is located in 33605 Bielefeld-Stieghorst and is particularly appealing due to its excellent transport links and the well-developed infrastructure in the immediate vicinity. Detmolder Straße is one of Bielefeld's major traffic arteries and, as part of the B66, provides a direct connection to the city center and the A2 motorway. The Bielefeld-Ost motorway exit is therefore easily accessible by car. This offers a significant location advantage, especially for commuters and tenants who need to be mobile within the East Westphalia-Lippe region. (Wikipedia)

The connection to public transport is also very good. Bus stops are located in the immediate vicinity, providing convenient access to the city center and other districts of Bielefeld. Location data also indicate very good public transport accessibility in the area. (Street catalog)

The supply of daily necessities is also excellent. Various supermarkets and shopping facilities are located nearby, including Lidl on Detmolder Straße and Kaufland Bielefeld-Sieker. Schools, doctors' offices, pharmacies, and other essential services are also located nearby. (Street catalog)

In addition to the excellent infrastructure, the location also offers quick access to surrounding green spaces and recreational areas. This combines an urban, well-connected location with short distances to leisure and recreational opportunities. For investors, the combination of easy accessibility, excellent infrastructure, public transportation links, and proximity to major transportation routes is particularly attractive. The location therefore provides excellent conditions for the sustainable rental of the six residential units.