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45277 Essen
From a buyer's perspective, this 6-family dwelling in Essen-Überruhr-Holthausen is an excellent opportunity for both real estate investment and lifestyle purchase. It is located in a good neighborhood and offers great access to major roads, making it a convenient location for potential tenants or owners. As a real estate investment, the property has a high potential for generating rental income. The current asking rent is 880,000€, and the estimated potential rent after refurbishing the property is 36,060 EUR/year. That means a potential return on investment of approximately 4.0% annually, considering that the property value is increasing (based on the average German inflation rate). From a lifestyle perspective, the property is perfect for those looking for a comfortable, spacious, and well-maintained living space or those aiming to generate passive income through rentals. The property features 6 spacious apartments, ensuring privacy and adequate space for residents. The property also offers plenty of outdoor space with 3 balconies and 4 garages, providing additional storage or parking options on-site. The property's features, such as a modern heating system, renovated bathrooms, and high-quality fitting, make it an appealing choice for potential renters. Overall, this property presents a promising investment opportunity, thanks to its great location, high potential for rental income, and attractive lifestyle appeal.
45277 Essen