Commission-free - An investment with a stable cash flow.

The properties consist of a historic residential building complex with charm and character, whose origins can be traced back to 1909. According to the documentation, further construction extensions or renovations were carried out in 1930. The building complex presents itself as a classic old building with red brick, timber framing elements, and a historically distinctive appearance typical of Lüneburg. It is a listed building, and therefore specifically targets buyers who appreciate the unique appeal of historic buildings. The total living area is approximately 274 square meters, distributed across five residential units. The property includes a plot of approximately 177 square meters. In addition, the property has a crawl space and a small backyard with two sheds, which can be used for storage or as ancillary spaces. Currently, all five residential units are rented out, mostly with long-term leases. Three of the five apartments are rented to a social welfare organization, two of which have been rented for over 20 years. The ground-floor apartment has been rented to the same tenant for nearly 40 years. The property offers a stable and proven income stream, providing the buyer with time for planning and gradual development. Due to the long-standing tenancy agreements, renovation and modernization measures should be factored in for future tenant turnovers. These measures also present opportunities for sustainable increases in value and returns. In the event of future re-letting, there is significant potential for rent increases – for the ground floor apartment, adjusting the rent to approximately double the current level appears realistic. The property is heated by a central gas heating system (natural gas). The energy performance certificate from 2020 indicates an energy efficiency class of D and an energy consumption of 118 kWh/(m²·a). For any questions or to arrange a viewing, please contact us through the portal or call us directly. Your contact person is Ms. Michaela Hop. You can reach her on her mobile phone at: 0173-2636531.

The two-unit residential building is located in the western part of the historic city center of Lüneburg.

The location is characterized by a quiet, predominantly residential environment, providing stable conditions for sustainable rental income.

Lüneburg consistently experiences high demand for housing due to its historic city center, the Leuphana University, and its role as a regional economic hub. Classic residential areas with good connections and proximity to the city center are particularly attractive to investors. The Obere Ohlinger Straße meets these criteria to a significant degree.

The city center, the main train station, and the university are all easily accessible. Furthermore, the A39 motorway provides a quick connection to Hamburg.