Engel & Völkers
Gartenansicht

Fully let apartment building in Neuruppin

€600,000
  • ~402.5 m² Total surface
  • ~402.5 m² Living area
  • ~433 m² Plot surface

Description

The property is a multi-family house built around 1908, consisting of a total of eight residential units spread over four full floors of the front building and a shed. The building is in good condition, with some areas retaining old features such as high ceilings and classic doors, which give the property a special charm. The property is heated by a modern district heating system, which was renewed in 2022. The hot water supply is also regulated by district heating, which is an energy-efficient solution. Overall, the property is well maintained, but the rear facade, basement, and shed show slight moisture damage, which should be repaired in the foreseeable future. The building is equipped with functional plastic insulated glass windows, and most apartments have tiled bathrooms. The attic is currently unfinished. The property is not currently located in any of the local redevelopment areas and is not listed as a historic building. Sought-after residential area Traffic-calmed street Some original features preserved District heating Energy efficiency class D Attic not converted Fully let Average rent for residential property: EUR7.48/m² O12283
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O12283

Property details
  • Property type

    Investment

  • Total surface

    ~402.5 m²

  • Living area

    ~402.5 m²

  • Plot surface

    ~433 m²

  • Usable surface

    ~402.5 m²

  • Target return

    6.02 %

Energy efficiency information
  • Construction year

    1908

  • Energy certificate available

    No

Location: Neuruppin, Brandenburg

The property is located in a quiet, central residential area in Neuruppin, not far from the city center. The area is characterized by well-maintained old buildings and modern residential buildings. Due to its proximity to Lake Neuruppin and numerous green spaces, the location offers a high quality of life and good recreational opportunities. The Fontane Therme, a popular leisure and wellness destination, is only a few minutes away and offers ideal opportunities for relaxation. The Neuruppin Clinic, one of the largest employers in the region, is also located in the immediate vicinity. In addition, Neuruppin, with a population of around 32,000, is a district town that has seen moderate but stable population growth in recent years. In addition to the clinic, the Brandenburg University of Health Sciences is also an important location factor that strengthens the city as a center of education and research. The town has excellent public transport connections, with Neuruppin Stadt railway station and bus stops within walking distance. Shopping facilities and amenities for everyday needs are located in the immediate vicinity. Thanks to its good connections to Berlin and the surrounding towns, the location is very attractive for both commuters and families.

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