Selling Price | 497.000 € |
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Courtage | no courtage for buyers |
Attractive apartment building built in the Art Nouveau style with four residential units. The property has been constantly maintained and modernized. The detached building has a living space of 285m2. On the first floor there is a two-room apartment (54m2) and a one-room apartment (35m2). On the 1st floor there is a 5-room apartment (99m2). The converted top floor with open fireplace, underfloor heating and large sun terrace has 97m2 of living space. The 4 apartments and one parking space are fully let. In addition, a cellar offers practical storage space for tenants' belongings.
This apartment building offers a solid and reliable investment. All apartments in the building are fully let and generate an attractive net annual rent totaling €28,872.
The apartment building is looked after by a janitor service, which takes care of cleaning the stairwell and maintaining the outside area. Tenants also have access to telephone support, which is available 365 days a year from 8 am to 11 pm. This service enables quick and uncomplicated damage reports to be made directly to the property management or the owner. All-round carefree living is guaranteed here!
In the last 10 years, there have only been short-term vacancies in rare cases of tenant changes, which occurred exclusively during renovation work in the apartments in question. This speaks for the high demand and the solid tenant base in this property.
Take this opportunity to invest in a property that is characterized by stable rental income and a long rental history.
The house has a full basement. On the garden side of the building there is a side extension which is rented to a tenant. A shelter behind the side extension serves as storage space for bicycles and baby carriages, for example.
Extensive refurbishment and renovation work was carried out in 2022/2023. The residential building is now in very good condition.
Overview of the work carried out:
Waterproofing of the roof terrace 2024
Waterproofing and renovation of the ground floor balcony 2024
Exterior design 2023
Facade painting 2023
Redesign of the stairwell 2023
Connection to the district heating network incl. hot water 2023
Replacement of heating pipes and radiators 2023
Core refurbishment of the ground floor right apartment 2023
Siedle intercom system 2023
Letterbox system 2023
Satellite antenna 2023
Roof drainage 2022
Bathroom courtyard 1st floor 2022
Replacement of the exterior doors (entrance and courtyard) 2022
Renovation of 1st floor apartment 2018
Renovation of the basement 2017
Waterproofing of the cellar exterior walls 2014
Provide information on the individual apartments:
First floor left: The bathroom in this apartment was renovated in the early 2000s. Apart from that, the condition is probably largely the same as in the 1980s.
First floor right: This apartment was completely renovated in early 2023.
1st floor: This apartment was extensively renovated in 2022. One shower room was renovated in 2018, the other in 2022.
Top floor apartment: This apartment used to be the previous owner's apartment. The condition dates back to the mid-1980s.
It is a relatively good suburban residential area. The Johanniter hospital is located in the immediate vicinity of the property. Sterkrader Tor, a 50,000 m2 shopping center with retailers, service providers, restaurants and supermarkets, is located in the immediate vicinity.
The traffic situation is very good. The public transport route offers a super infrastructure. Two train stations, Oberhausen and Sterkrade, connect cities such as Duisburg, Krefeld, Wesel-Emmerich-Koblenz. The streetcar connects to Mülheim an der Ruhr. The A1/A3/A31 and 516 freeways can be reached in just a few minutes.