house for sale in Essen, Germany

From a buyer's perspective, this 6-family duplex property located in Essen-Überruhr-Holthausen offers a great investment opportunity and an excellent lifestyle purchase. The property is well-positioned for a good rental income potential, as it has the capacity to generate approximately 1,000€ in monthly rent (approx. 720€ currently). This is due to its spacious layout and great location, making it attractive for tenants. For self-use, the property is also highly suitable as it features a well-designed ground-floor apartment. The property features a total living area of approximately 348 m², with a land area of 485 m². It has 3 apartments and 4 garage spaces. Additionally, it has energy-efficient features such as Energieverbrauchskennwert 148kWh/(m²a) and Class E Energy Certificate, valid until 2028. This ensures that the property is environmentally friendly and cost-efficient to maintain, contributing to long-term savings for the buyer. Several renovation and maintenance works have also been completed on the property over the years, improving both its aesthetics and energy-efficiency, including window replacement, balcony refurbishment, and roof refurbishment. Additionally, the gas central heating system has been recently upgraded, ensuring that the property is comfortable and energy-efficient. The property features a front façade with reinforcement, which adds to its durability and overall appeal. The property is divided into 1 ground-floor apartment, 2 upstairs apartments on each side, and a basement apartment, providing flexibility for the buyer in terms of how they would like to utilize the space. From an investment perspective, this property offers a high return on investment given the rental income potential and the capital appreciation that the property is likely to experience over time. The location in Essen-Überruhr-Holthausen provides good access to transportation links, nearby amenities, and schools, making it an attractive option for both renters and potential buyers. Considering all these factors, the estimated rating for this property as a real estate investment and lifestyle purchase would be "excellent." The low maintenance costs, high rental income potential, and the property's overall condition contribute to its positive investment outlook.