 Based on the description of the property, you are considering a two-story semi-detached house located in Essen, Germany. It was built around 1956 and has a living area of approximately 226 m², with the option for expansion in the attic. The house comes with a basement, which is completely finished and offers enough storage space for the property. The property has three garages, which is a significant benefit for additional parking and potential rental income potential. The house has been modernized in 2016, which suggests the property has been well-maintained and updated to a modern standard.

For a real estate investment, this property could be a good choice, especially considering its strategic position in Essen. Essen has a strong economy with many job opportunities and a solid growth prospect for the future. The property's size and location are ideal for both families and investors looking to rent out the property. Investors will also appreciate the additional revenue potential from the three garages. The property's asking price of 845,000€ (€845.000) is quite competitive for the area and type of property, as it offers good value and potential growth for the future.

From a lifestyle perspective, this property is ideal for anyone who values space and modern amenities in a convenient location. With a well-maintained house, the property has the potential to be a beautiful family home for years to come. The proximity to work and amenities, such as schools, restaurants, and shopping centers, will make daily life more convenient. Parking is also not an issue with three garages available for use.

Objektbeschreibung                          Zweifamilienhaus, Baujahr: ca. 1956, 2 Etage(n), Dachgeschoß ausgebaut, Wohnfläche: 226m², Keller/vollunterkellert, 3 Garagen, Umbau 2016

House for sale in Essen, Germany

 From a buyer's perspective, this 6-family semi-detached house offers great opportunities for both real estate investment and lifestyle purchases. Located in Essen-Überruhr-Holthausen, it benefits from excellent connectivity to motorways A 40 and A 52. The property features a ground-floor apartment with 348 m2 of living space, 485 m2 of land, and six apartments, making it an attractive proposition for both passive income through rental income and creating a unique living space for your family.

As an investment, the property shows potential for high returns, as suggested by the estimated rent of approximately 1000€ per month (based on marketing information), which is a significant increase from the current rent of 720€. However, keep in mind that you would need to carry out some renovations and upgrades, such as replacing the windows, improving the balconies, and upgrading the heating system.

For a lifestyle purchase, this property offers ample space and privacy for a large family or multiple tenants. The property includes three garages, ensuring ample parking space. It is also located near the Essener Nordbad, providing easy access to swimming and recreational activities for the family. Additionally, rolls and laminate flooring, kitchen appliances, and bathroom fixtures are already installed, making for easy move-in.

In conclusion, this property offers great potential as a real estate investment, with significant rent increases achievable through thorough renovations. Additionally, it provides an attractive lifestyle for a large family or multiple tenants, thanks to its spacious layout and prime location.

Objektbeschreibung                          Das 6-Familien-Doppelhaus liegt in guter Lage in Essen-Überruhr-Holthausen.Gute Verkehrsanbindung zu den Autobahnen A 40, A 52.Die Erdgeschosswohnung hat einen großen Mietsteigerungspotenzial, bei Neuvermietung kann ca. 1000 (aktuell 720) an Kaltmiete erzielt werden. Auch für Selbstnutzung ist diese Wohnung sehr passend.Baujahr: 1968Wohnfläche: ca. 348 m²Grundstück: 485 m²6 Wohnungen3 Balkone4 GaragenEnergieausweis: Energieverbrauchskennwert 148kWh/(m2a), Klasse E. Gültig bis 2028Instandhaltungs-, Sanierungsmaßnahmen:Alle Fenster von ca. 1990 nach und nach in Kunststoff-Iso Fenster und Kunststoffrollläden ausgetauscht.Alle drei Balkone wurden 1999 saniert und gefliest und alle Dachrinnen & Fallrohre in Kupfer erneuert.2010: Eine Dachgaube gedämmt. Bädersanierung:Souterrain: 2010DG links und rechts: 2014OG1 links: 2016Im Jahr 2018 erneuerte Gas-Zentral-Heizung versorgt zusätzlichdas rechte Mehrfamilienhaus. Heizkosten werden entsprechend abgerechnet.Frontfassade mit Armierung: 2021Aufteilung:Erdgeschoss 104 m²1. OG links und rechts je 53 m²2. OG links 44 m²2. OG rechts 42 m²Souterrainwohnung: 52 m²GaszentralheizungKunststoff-Iso-FensterKunststoff-RolllädenLaminat, Teppich und FliesenAktuelle Jahreskaltmiete: 36.060 EUR.Es gibt keine Mietrückstände. Das Haus ist voll vermietet. Bitte keine Makleranfragen.

 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.

Property description:

This semi-detached multi-family house offers seven residential units spread over three floors, including a basement and partially converted attic. With a total living space of 397 m², the units range from 46-67 m² and feature balconies. Originally built in 1911, two apartments on the first floor have been combined into one. The property is equipped with a gas central heating system, a night storage heating system, and hot water is provided by a tankless water heater. Additionally, the ground floor loggia has been fitted with windows.

Price thoughts:

The property is being offered at a listed price of 565,000€, with the potential for a 30% discount on the market value through a court auction, bringing the price down to 395,500€. This presents a significant saving opportunity for potential buyers, with the added benefit of no notary fees or agent commission. The property's size and features make it a valuable investment opportunity for those looking to acquire a spacious multi-family residence with potential for rental income or conversion.

Objektbeschreibung                          Beidseitig angebautes Mehrfamilienhaus mit sieben Wohneinheiten, drei Etagen, Keller, teilweise ausgebautes Dachgeschoss, Wohnfläche: 46-67 m², insgesamt 397 m² Wohnfläche, mit Balkonen, Baujahr 1911.Es wurden zwei Wohnungen im ersten Stock zu einer zusammengelegt. Die Heizung erfolgt durch eine Gas-Zentralheizung und eine Nachtspeicherheizung, während das Warmwasser über einen Durchlauferhitzer bereitgestellt wird. Zudem wurde die Loggia im Erdgeschoss mit Fenstern versehen.Bitte kontaktieren Sie uns bei weiteren Fragen telefonisch, von Montag - Freitag von 08:00 - 20:00 Uhr, Samstags/Sonntags 10:00 – 18:00 Uhr unter der Telefonnummer 0221-97459790.Dieses Objekt wird beim zuständigen Amtsgericht versteigert.Verkehrswert: 565.000,00 EUR.Sichern Sie sich unter Umständen 30 % Nachlass auf den Verkehrswert und zahlen Sie somit für die oben genannte Immobilie nur 395.500,00 EUR. Ebenso entfallen Notarkosten und Maklercourtage.Dies ist eine von vielen interessanten Immobilien, die wir in der aktuellen, monatlichen Ausgabe unseres kostengünstigen IMMOBILIENVERSTEIGERUNGS-KATALOGES veröffentlichen. Sichern Sie sich jetzt diese Informationen um Ihre Wunschimmobilie preisgünstig zu erwerben.Kataloginfos:Telefonnummer 0221-97459790.

 From a buyer's perspective, this 6-family dwelling in Essen-Überruhr-Holthausen is an excellent opportunity for both real estate investment and lifestyle purchase. It is located in a good neighborhood and offers great access to major roads, making it a convenient location for potential tenants or owners.

As a real estate investment, the property has a high potential for generating rental income. The current asking rent is 880,000€, and the estimated potential rent after refurbishing the property is 36,060 EUR/year. That means a potential return on investment of approximately 4.0% annually, considering that the property value is increasing (based on the average German inflation rate).

From a lifestyle perspective, the property is perfect for those looking for a comfortable, spacious, and well-maintained living space or those aiming to generate passive income through rentals. The property features 6 spacious apartments, ensuring privacy and adequate space for residents. The property also offers plenty of outdoor space with 3 balconies and 4 garages, providing additional storage or parking options on-site.

The property's features, such as a modern heating system, renovated bathrooms, and high-quality fitting, make it an appealing choice for potential renters. Overall, this property presents a promising investment opportunity, thanks to its great location, high potential for rental income, and attractive lifestyle appeal.

Property Description:
This semi-detached multi-family house features seven units, spread over three floors with a basement and partially converted attic. The living spaces range from 46-67 m², totaling 397 m² overall. Built in 1911, the property includes balconies and has undergone some modifications, such as combining two units on the first floor. Heating is provided by a gas central heating system and night storage heaters, with hot water supplied by a tankless water heater. The ground floor loggia has also been enclosed with windows.

Price Thoughts:
The property is currently listed for sale at a price of 565,000 euros. However, there is a possibility to secure a 30% discount on the valuation price, bringing the cost down to 395,500 euros. This presents a great opportunity for potential buyers to acquire this property at a reduced rate, with the added benefit of saving on notary fees and agent commissions. This property is just one of many enticing options available in our monthly real estate auction catalog. Contact us now to secure further details and potentially acquire your dream property at an affordable price.

House for sale in Essen, Germany

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