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Investment opportunity: Multi-family house, €49,980 annual gross rental income, 9% return on investment, 7 apartments and 4 parking spaces, plus potential for further development.

66578 Schiffweiler – Saarland
549.000 €
33
Room
420 m²
Living Area
940 m²
Plot Area
House
Multi-family house

This solid, fully-let multi-family house, located in a central area of Schiffweiler, is characterized by its practical, durable construction and a financially sound structure. The property comprises 7 well-designed apartments, spread over 3 floors, and are configured to ensure consistently high occupancy rates. The apartments are accessible via 2 separate entrances (3 apartments in the left half of the building, 4 apartments in the right half). The property includes 4 parking spaces directly in front of the building, providing a significant logistical advantage and generating rental income. The apartments have been continuously renovated and modernized. In the ground floor of the left half of the building, there is potential for further development (formerly a small restaurant), which is currently unused. The annual gross cold rent is €49,980. The tenant profile is long-term oriented, stable, and reliable. There are no outstanding rental payments. The attractive annual net cold rent is a result of the renovated condition of the apartments. Monthly rent (cold rent):
Apartment 1: 47.5 m² - €570.00 (renovated in 2026)
Apartment 2: 61.7 m² - €690.00 (renovated in 2026)
Apartment 3: 57.9 m² - €570.00 (renovated in 2026)
Apartment 4: 54.1 m² - €360.00
Apartment 5: 51.0 m² - €500.00
Apartment 5: 57.3 m² - €695.00
Apartment 7: 89.6 m² - €680.00
4 parking spaces at €25.00 each.
Potential for energy-related subsidies (BAFA/KfW) for the building envelope. The sale is handled directly by us, the owners. There are no real estate agent fees. A structured and efficient process is guaranteed.

Are you interested in this house?

Object Number
OM-512920
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
549.000 €
Purchase additional costs
approx. 42,660 €
Total costs
approx. 591,659 €

Breakdown of Costs

Purchase price 549.000 €
Real estate transfer tax 35,685 € (6.50%)
Notary costs 4,617 € (0.84%)
Land register entry 2,358 € (0.43%)
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: 2,163€

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 3.91%

Details

Condition
No information
Number of floors
4
Bathrooms (number)
7
Number of parking lots
4
Flooring
Laminate, Tiles, Vinyl / PVC
Heating
Other
Year of construction
1960
Equipment
Balcony, Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

This property is located in a central yet quiet residential area of Schiffweiler. Shops for daily necessities, doctors, schools, and kindergartens are all available within the town and in the immediate vicinity. The access to highways is excellent, and the centers of Neunkirchen, Homburg, and Saarbrücken are easily accessible with short driving times.

The exact address is hidden. The circle shows the approximate location of the property.

Location Check

Child Friendliness good
Health good

Energy

Energy efficiency class
G
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
208.56 kWh/(m²a)

PDF

Miscellaneous

The sale is being handled directly by us, the owners. There are no real estate agent fees involved.
We guarantee a structured and efficient process.

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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Commission: No commission for buyers

Offer from: Daniel Windhagen