| Selling Price | 549.000 € |
|---|---|
| Courtage | no courtage for buyers |
Solid investment property in Mönchengladbach-Westend
This well-kept Art Nouveau apartment building with 7 residential units is located in a central, traffic-calmed area of Mönchengladbach-Westend. The Geropark and Geroweiher pond are in the immediate vicinity. The city center and all important facilities for daily needs are within walking distance.
The house was built in 1908 and renovated in the 1980s, and repairs have been carried out continuously since then. It has a total living space of approx. 407 m² spread over 7 apartments. The apartments have solid fittings. The building is fully let and offers an annual net rental income of more than €33,000. The tenant structure is good and vacancies are not to be feared due to the sought-after inner city location.
Facilities:
7 residential units
Approx. 350 m² living space
Fully let
Annual net rental income of more than € 33,000
Good tenant structure
Upscale furnishings
Renovated and mostly modernized
In the immediate vicinity of Geropark and Geroweiher
Within walking distance of the city center
Parking spaces available in the immediate vicinity or on the street
Miscellaneous:
For reasons of discretion, we only publish a small selection of interior photos of the rented apartments on the Internet. For further insights into the apartments, a virtual 360-degree tour of the entire building is available on request.
Conclusion:
This solid investment property in Mönchengladbach-Westend offers an attractive investment opportunity with a good return and a low vacancy risk.