$620,507
Listing currency: €535,000
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Bielefeld, Germany 33611
This charming apartment building was built around 1905 and is centrally located in the center of Schildesche. The property has a total of around 246 m² of living space, spread over the ground floor, upper floor and attic. The entire house is currently rented out across all floors to a large residential community, which occupies the entire property. The building comprises a total of eleven rooms, each of which is let on individual graduated rental agreements. The annual net cold rent is currently EUR 31140. The tenant structure is considered to be very stable - many residents have lived in the building for several years and form a well-established community, which contributes to a constant rental and reliable income situation. Given its age, the building is in a solid general condition. Various modernization measures have been carried out over the years. For example, the two gas-fired floor heating systems were replaced in 2014 and 2017, the roof was probably renovated in the early 1990s and insulation was installed in 2005. All windows on the street side were replaced with modern soundproof glazing in 2023, while some of the windows on the garden side are older. Some of the gas and water pipes were also replaced, most recently in 2018. The bathrooms date from the early 1990s and are in classic white. Overall, the house is in good technical condition, although the interiors - due to the intensive use as a large residential community - show clear signs of wear and tear and need to be maintained accordingly. The property is particularly impressive due to its central location in Bielefeld Schildesche and the associated very good rentability. The solid tenant structure and the ongoing maintenance measures make this historic apartment building an attractive and sustainable investment with further development potential. Have we piqued your interest? We would be happy to provide you with detailed information about this property and its prospects in a personal meeting.
Amenities
- Bedrooms: 11
- Full Bathrooms: 3
- Partial Bathrooms: 0
- Property Type: Residential
- Year Built: 1905
- Built in 1905
- Home size: 2,647 ft2 / 245.91 m2
- MLS: 25019032
- Status: Active
Property brokered by
von Poll Immobilien GmbH
+49 69 269 157 410
Presented by VON POLL IMMOBILIEN Bielefeld
- +49 521 - 30 57 58 0 (Office Phone)
Contact VON POLL IMMOBILIEN Bielefeld
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