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- Schleswig-Holstein
- Kreis Steinburg
- Itzehoe
- Buy a multi-family house in Itzehoe – 3 apartments + commercial space, fully rented.
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Buy a multi-family house in Itzehoe – 3 apartments + commercial space, fully rented.
25524 Itzehoe – Schleswig-HolsteinAttractive investment property in Itzehoe: This well-maintained residential and commercial building combines three rented apartments with a commercial unit that has been rented for approximately 10 years. In total, it offers approximately 245 square meters of living space, approximately 70 square meters of commercial space, and around 200 square meters of usable space.
The property currently generates approximately €34,581 per year in net cold rent, making it an attractive investment opportunity. All apartments now have rent agreements that are indexed to account for inflation. Furthermore, there is additional potential through the garages and storage space in the basement.
The building, constructed in 1960 and fully basement, is in good condition. A sunny south-facing garden with a terrace complements the property. No real estate agent commission for the buyer.
Are you interested in this offer?
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Object Number
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OM-502138
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Object Class
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Apartment building or investment property
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Object Type
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Residential and commercial building
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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535.000 €
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Purchase additional costs
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approx. 41,750 €
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Total costs
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approx. 576,749 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 2,151€
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Details
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Condition
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Well-kept
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Level
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1st floor
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Commercial area
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70 m²
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Total area
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515 m²
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Other areas
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200 m²
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Number of garages
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2
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Number of parking lots
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2
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Net rental income (actual) p.a.
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34580 €
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Number of units
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4
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Flooring
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Tiles, Vinyl / PVC
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Heating
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Central heating
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Year of construction
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1960
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Equipment
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Balcony, Terrace, Garden, Basement, Sauna, Fitted kitchen, Guest toilet
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Information on equipment
The building has been continuously maintained and modernized over the years. The roof was renovated in the 1990s, the windows were replaced in 1992 and 2015, and insulation was installed in 2012.
Since 2024, the apartments have been gradually renovated, including the kitchens, flooring, painting, and parts of the bathrooms and electrical systems.
Other features include an oil-fired central heating system, energy efficiency class D, external shutters on the ground floor and partially on the upper floors, a full basement, and 2 garages plus parking spaces. The property is not a listed building.
Location
The multi-family house is located in Karnberg, Itzehoe, in a well-established residential area with excellent infrastructure.
A particularly convenient feature: a bus stop is located just about 10 meters from the house. The Itzehoe train station, with connections to Deutsche Bahn and HVV, is approximately 4 km away, and the A23 motorway is reachable in about 1.8 km.
A bakery is located directly in the front of the building, and other shopping facilities, such as Lidl, dm, and a pharmacy, are about 900 meters away. Kindergartens and a primary school are located approximately 500 meters away.
Itzehoe offers short commutes for everyday life while providing good connections to Hamburg and the North and Baltic Seas.
Location Check
Energy
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Main energy source
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Oil
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Miscellaneous
The building was constructed in 1960 and extended in 1970 and 1994.
It is not a listed building, and according to available information, there are no known soil or building contaminants.
The sale is commission-free for the buyer. We will gladly provide further documentation to interested parties.
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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