house for sale in Essen, Germany

From a buyer's perspective, this 6-family apartment building in Essen-Überruhr-Holthausen offers a great investment opportunity and an attractive lifestyle purchase. The property is located in a good neighborhood with easy access to major highways, making it an ideal location for both tenants and owners. As an investor, you can capitalize on the strong rental potential of the ground-floor apartment, which has the potential to generate approximately 1000€ per month ( €1,000.00 a month ) in rental income. With an asking price of 880,000€ ( €880.000.00 ), the property presents a solid return on investment, assuming the current rental levels are maintained. For personal use, the property would be an excellent choice for a large family or those considering starting a short-term rental business, such as Airbnb. The layout and size of the property cater to the needs of both a growing family and multiple tenants. Some key features of the property include a total floor area of approximately 348 m², four garages, and three balconies. Energy-efficient improvements, such as the replacement of windows and balconies, have significantly reduced energy consumption, making the property more environmentally friendly and lowering utility costs. The property has undergone regular maintenance and renovations, with a focus on energy efficiency and improving the overall living conditions. This includes a 2010 bungalow dämmet in the roof and a 2018 gas-central-heating system upgrade. Overall, the property offers a good combination of investment potential and lifestyle benefits, making it an attractive option for both buyers looking to invest and those in search of a larger family home or business opportunity.