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46535 Dinslaken - Nordrhein-Westfalen
From a buyer's perspective, this property presents an excellent opportunity for both real estate investment and lifestyle purchase. The property is located in Dinslaken, North Rhine-Westphalia, which is a desirable location due to its proximity to major facilities and transportation. The property comprises a three-unit, three-bedroom apartment building and 27 garages, all of which are fully rented. The property's main house, built in 1925, has been completely renovated and refurbished, with a focus on energy efficiency and modern amenities. The renovation costs were substantial, totaling around €70,000, but this has significantly improved the property's value and rental potential. The 27 garages, which were built in 1968, sit on a separate plot and are an additional income stream, providing an annual rental income of €35,500. With plans for rent increases in the future, the property's cash flow potential is impressive. The current asking price of €619,000 is a fantastic entry point for investors, as it provides a solid capital investment and the potential for rental income increases. The property's charm and renovations have made the apartments very attractive, and the tenant demand is likely to be high. In conclusion, this property is a great investment opportunity, ideal for rent-seeking investors looking for a passive income stream. Its location and additional garages provide added value, making it a standout property for both investors and lifestyle buyers.
46535 Dinslaken - Nordrhein-Westfalen