house for sale in Essen, Germany

From a buyer's perspective, this 6-family duplex property in Essen-Überruhr-Holthausen offers a great investment opportunity and an attractive lifestyle purchase. The property is located in a good neighborhood with excellent transportation links to Autobahns A 40 and A 52, making it easily accessible and convenient for residents. From an investment standpoint, the ground-floor apartment has a high rental potential with a possible rental income of around 1000€ per month (currently 720€), providing a healthy return on investment. The property also has 3 garage parking spaces, which can be additional income generators or used for personal use. The house features a total living area of approximately 348 m² and is spread across an area of 485 m². It comprises 6 apartments, 3 balconies, and 4 garages. The property has been maintained well, with all fenestrations, balconies, and rainwater gutters replaced or refurbished several years ago, which significantly reduces potential repair costs. The Energy Performance Certificate rates the property with an Energieverbrauchskennwert 148 kWh/(m²a) and a Class E, indicating that energy consumption can be improved. The energy certificate is valid until 2028, ensuring that any new investments made in energy efficiency are protected. The property has undergone various renovations and reconstructions, such as a new roof, gas-fired central heating system, and full renovation of the basement. Additionally, the front facade is armored with concrete elements, providing an added layer of security. Overall, it's a good investment opportunity for buyers looking to generate a steady income from rental properties or those who plan to live in one of the apartments and rent out the rest. It provides a desirable lifestyle with easy access to transportation, shops, and other amenities while offering a solid asset for growth and income.