Apartment building with 10 units in Hanover, offering a rental yield of 5.8%!!! with reserve funds.

Well-maintained 10-unit apartment building in Hannover-Linden-Mitte – comprehensively renovated, with new fitted kitchens and a reserve fund of €100,000.

For sale is an attractive multi-family building with ten comprehensively renovated apartments in the desirable residential area of Hannover-Linden-Mitte. This residential building, constructed in 1910 using solid construction methods, comprises ten apartments, each with approximately 60 square meters of living space and three rooms. The total living area is therefore approximately 600 square meters. The apartments have been extensively renovated and are presented in a well-maintained, modern condition. Of particular note are the new fitted kitchens, the completely renovated bathrooms, and the renewed flooring and wall coverings. Numerous maintenance and modernization measures have also been carried out on the communal areas in recent years. These include the refurbishment of the facades, the renovation of the staircase, and the redesign of the courtyard. The building is fully basemented. The basement rooms are dry and have a newly installed floor. Another advantage is the existing maintenance reserve fund of €100,000, which is available for future projects. The property combines the character of a classic multi-family building from the Gründerzeit era with the comfort of extensively modernized apartments.

The property is located in Hannover-Linden-Mitte, a vibrant and sought-after district with a well-established infrastructure and an urban character.

Linden-Mitte forms the historical heart of Linden and is characterized by a diverse mix of historic buildings, independent shops, restaurants, cultural institutions, and residential areas.

The nearby Limmerstraße and Stephanusstraße offer numerous shopping opportunities, cafes, restaurants, and everyday amenities.

The Lindener Marktplatz serves as a central meeting point for the district. The Pfarrlandplatz, with its weekly market, also contributes to the unique quality of life in the area.

The green spaces along the Leine and Ihme rivers offer a variety of opportunities for recreation, jogging, and cycling. The nearby Lindener Berg is also a popular destination for leisure activities.

The combination of urban living, a strong sense of community, and attractive leisure opportunities makes Linden-Mitte an interesting place to live.