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Investment Property, Prime Location, Minden.

Stift str 22, 32425 Minden – Nordrhein-Westfalen
459.000 €
20
Room
273 m²
Living Area
341 m²
Plot Area
Private offer
House
Multi-family house

Here is the updated property description, noting the ongoing partial renovations:

Property Description:
This property is a continuously partially renovated and well-maintained residential and commercial building in a central location in Minden. The three-story corner building, constructed in 1919 using solid construction methods, features a distinctive mansard roof and sits on a plot of approximately 341 m². With a total usable area of around 431 m², it offers exceptionally flexible space and usage potential.
Area and Room Layout:
* Total residential area: approximately 273 m²
* Total commercial area: approximately 158 m²
* Room layout: 20 bright rooms, as well as 7 bathrooms and a fully equipped fitted kitchen.
* Units: 6 residential areas/apartments, as well as 1 integrated commercial unit.
Features and Condition:
The property is in a well-maintained overall condition and has been renovated and maintained in various sections over the years. Features include double-glazed plastic insulated windows and a central heating system.
Usage Concept and Potential:
The property was most recently successfully used by the owner for renting out rooms to construction workers. The property is currently vacant, offering buyers the ideal opportunity to redevelop it – whether as a profitable accommodation for construction workers, through regular re-letting of the 6 residential areas and the commercial unit, or to implement their own spatial ideas.

Are you interested in this house?

Object Number
OM-508654
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
459.000 €
Purchase additional costs
approx. 35,932 €
Total costs
approx. 494,931 €

Breakdown of Costs

Purchase price 459.000 €
Real estate transfer tax 29,835 € (6.50%)
Notary costs 4,034 € (0.88%)
Land register entry 2,063 € (0.45%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 1,867€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.10%

Details

Condition
Modernized
Number of floors
3
Bathrooms (number)
7
Number of parking lots
2
Flooring
Laminate, Tiles, Other (see text)
Heating
Floor heating
Year of construction
1919
Equipment
Basement, Roof terrace, Full bath, Shower bath, Fitted kitchen, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Features & Condition:
The property is in a well-maintained overall condition and has been continuously renovated and maintained in various areas.

Key features:
* Windows: Double-glazed, insulated plastic windows.
* Heating: Efficient individual floor heating system.
* Bathrooms: 7 bathrooms located throughout the property.
* Kitchen: Modern, fully equipped built-in kitchen.
* Construction: Solid, traditional construction with a classic hipped roof.
* Condition: Regularly partially renovated and continuously maintained.

Location

Location & Infrastructure
The property is located in a central and desirable downtown area of Minden, on Stiftstraße. The immediate surroundings offer excellent infrastructure, optimal transportation links, and easy access to all essential amenities:
* Public Transportation & Connectivity:
* Bus stop Stiftstraße: approximately 123 meters
* Bus stop Paulinenstraße: approximately 150 meters
* Minden (Westphalia) train station: approximately 1.8 km (easily accessible)
* Local Amenities & Restaurants:
* Supermarket (Lidl): approximately 400 meters
* A variety of shops, specialist doctors, banks, and restaurants are located directly in the city center and are within walking distance.
* Education & Childcare:
* Primary school (Domschule): approximately 271 meters
* Daycare center (Ev. Kita Goebenstraße): approximately 478 meters
* AWO vocational training center: approximately 217 meters
* Leisure & Recreation:
* Marienglacis park: approximately 376 meters (ideal for walks and relaxation in green spaces)
The combination of an urban environment, high foot traffic, and excellent accessibility makes this location particularly attractive for both residential and commercial use.

Location Check

Nearest places
Nearest places

Energy

Final energy consumption
100.00 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
Gas

Miscellaneous

Other Information & Usage Notes:
The property was most recently successfully used and operated by the owner as accommodation for tradespeople. The property is being sold vacant, which offers the buyer complete flexibility in its future use – whether it's continuing or re-letting it as a profitable accommodation for tradespeople, or re-renting the units for regular residential use.

(Note: The residential units are currently unfinished.)

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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Offer from: Karakaya