Fully let residential property with 26 apartments in Rinteln – continuously modernized, and available without commission.

Property Description:

This offering consists of two multi-family buildings with a total of 26 residential units, located in an established residential area within the city of Rinteln. The property is fully occupied and generates a consistent rental income from the moment of economic transfer. The tenancy agreements are long-standing and characterized by a stable payment structure with no outstanding arrears. The buildings have been consistently maintained and extensively modernized in recent years. The buyer is acquiring an established residential property with a functioning tenant structure, not a development site or a property with first-letting risks. This property is particularly suitable for:

* Experienced private property owners
* Regional entrepreneurs and asset management companies
* Family offices
* Buyers with a long-term focus on tangible assets
* Investors with a high equity stake

Key Facts:

* 2 multi-family buildings
* 26 residential units
* Approximately 1,476.36 m² of living space
* Approximately 1,835 m² of land
* 20 parking spaces
* 7 garages
* Year of construction: 1984
* Fully occupied
* Current annual gross cold rent: approximately €128,664
* Current annual gross rent: approximately € €187,524
Well-maintained condition
Continuously modernized
Direct sale, no commission
Modernizations and technical condition
The property has been regularly maintained and extensively renovated in recent years, specifically between 2025 and 2026. The renovations included:
Facade repairs and renovations
Balcony renovations
Replacement of entrance doors
Renovation or replacement of apartment entrance doors
Bathroom renovations
Renovation of hallways and stairwells
Renovation of basement areas
Replacement of mailboxes
Replacement of the video intercom system
Replacement of water pipes as needed
Complete replacement of water pipes in building number 16 approximately twelve years ago.
High-efficiency heating system from 2014.
The overall technical condition is very good. There is no apparent need for immediate major renovations.
Rental and revenue
The property is fully let. The current annual gross rent is approximately €128,664. The rental agreements are stable. There are no outstanding rental arrears and no known structural payment defaults. The rents have been adjusted very cautiously over many years. The last adjustment was made on December 31, 2025, and represented the first increase in approximately ten years. Further potential for rent adjustments exists within the framework of the legal regulations and a sustainable long-term rental strategy. The property is not focused on maximizing short-term rental income, but rather on maintaining a stable tenant base.

Location:

The two houses are located within the town limits of 31737 Rinteln, in a well-established residential area.

Rinteln offers a solid residential infrastructure, with shopping facilities, schools, kindergartens, medical care, and good regional connections.

The location is particularly suitable for long-term residential use and contributes to the stable rental potential of the properties.