Historic building meets investment opportunity: Income-generating property with a private courtyard in the Eastern Ring area.

INVESTMENT PROPERTY WITH POTENTIAL – TWO BUILDINGS, EIGHT APARTMENT UNITS
A unique investment property is for sale in the desirable Eastern Ring area of Braunschweig: a distinctive multi-family building from 1899 with seven apartments, along with a separate building in the rear with its own garden. The property is already fully divided into eight independent apartment units, each with its own land registry entry. It offers ongoing rental income, long-term flexibility, and potential for development. KEY DETAILS
The property occupies a 531 m² plot. The floor plans indicate a total living area of 517.18 m², of which 387.78 m² is in the main building and 129.40 m² is in the rear building. The property includes a total of five parking spaces. Two spaces are legally designated; three additional spaces are currently available for use, but are not legally secured as parking spaces. The rear building, currently used by the owner, offers an independent townhouse character, underfloor heating, a beautifully landscaped garden with a covered terrace, and an additional rooftop terrace of 31.75 m². INCOME AND POTENTIAL RETURN The current rental income from the regular tenancies, including the associated parking spaces, amounts to €36,391.68 per year in net cold rent. In addition, a modernized and furnished ground-floor apartment is used for short-term rentals. Including a calculated rental allowance for this apartment and its parking space, the projected annual economic yield is €51,631.68. If the previously owner-occupied building at the rear were to be re-rented at a rate of €13.50 per square meter, the projected total annual rent would increase to approximately €72,594. At an asking price of €1,235,000, this corresponds to a projected gross rental yield of 5.88% before operating costs. The calculated yields are not guaranteed.

MODERNIZATION AND DEVELOPMENT
According to the owner, approximately €258,000 has been invested in renovations, building technology, furnishings, and landscaping since 2011. In September 2026, both buildings were converted to district heating at a cost of approximately €100,000.

TRANSPARENCY AND SALE
In the expanded and modernized attic of the main building, there is an apartment that is registered in the land registry as an independent condominium unit. No building permit has been applied for yet for residential use; the necessary official approval is still pending. The 79.50 m² indicated in the subdivision plans are included within the total area of 517.18 m². The subdivision according to the "Wohnungseigentumsgesetz" (condominium law) does not replace the required building permit. The property is being sold exclusively as a complete package. Comprehensive property documentation is available for serious inquiries. BauArt | Mediatoren Braunschweig is handling the marketing on behalf of the owners. FOR BUYERS: NO COMMISSION – NO REAL ESTATE AGENT OR BROKERAGE FEES.

EASTERN RING DISTRICT – ONE OF BRAUNSCHWEIG'S MOST DESIRABLE RESIDENTIAL AREAS
Hopfengarten 9 is located in one of Braunschweig's established and highly regarded residential areas: the Eastern Ring District. This historic neighborhood is characterized by impressive old buildings, tree-lined streets, and a vibrant community. Here, historical charm, urban living, and excellent infrastructure blend seamlessly. The proximity to Kastanienallee further enhances the exceptional location. Shops for everyday needs are practically on your doorstep. EDEKA, bakeries, cafes, restaurants, and numerous other stores are easily accessible on foot – with the first shopping options just a two-minute walk away. The city center and the State Theatre are also just a 15 to 20-minute walk away. Tram and bus connections provide easy access to other parts of the city. Access to the regional road network complements the excellent transport links. The Eastern Ring District combines the advantages of a central city location with the unique residential feel of a well-established, architecturally appealing neighborhood. This combination appeals to a diverse range of target groups – from singles and couples to working professionals, and individuals who appreciate urban living with convenient access to amenities.

A COMPELLING LOCATION FOR INVESTORS
The location's quality is a key argument for the long-term rental potential of the property. Its proximity to the city center, the diverse range of local services, and the attractive neighborhood structure create excellent conditions for sustained demand for housing. Hopfengarten 9 combines a desirable urban address with the development potential of a property already divided into individual units under the "Wohnungseigentumsgesetz" (WEG).