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House for sale in Essen, Germany

830 000€

45277 Essen

Features

  • Bad Dusche, Wanne
  • Boden Fliesen, Laminat
  • Balkone 3
  • Keller

Property description

From a buyer's perspective, this 6-family duplex property located in Essen-Überruhr-Holthausen offers a good investment opportunity due to its potential for high rental income. It has a gross floor area of approximately 348 m² and is situated on a lot size of 485 m². The property comes with 6 residential units, 3 balconies, and 4 garages, making it an excellent choice for both investing and self-use. The property has an energy consumption rating of 148 kWh/(m²a) and a classification of E, which is valid until 2028. Several renovation and maintenance work has been carried out on the property, including the replacement of windows, balustrades, and rain gutters, making it more energy-efficient and attractive to potential tenants. One of the key advantages of this property for a real estate investor is the high rental potential. The current annual rent for the ground-floor apartment is 36,060 EUR, and there are no outstanding rent arrears. All the units are currently tenanted, providing a steady and reliable income stream for the buyer. Furthermore, the property's location in Essen-Überruhr-Holthausen offers excellent transport links to the A 40 and A 52 highways, making it an appealing choice for commuters. The property's layout and configuration are also suitable for restructuring or adapting to meet changing rental market requirements, which could provide additional value in the long term. As a lifestyle purchase, the property offers a comfortable and well-appointed living space for a large extended family or those looking to generate rental income. The excellent location, modern renovations, and potential for increased rental income make it an attractive proposition for both personal and investment purposes.

Location

45277 Essen

Date added: 24.07.2024

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