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House for sale in Essen, Germany

830 000€

45277 Essen

Features

  • Bad Dusche, Wanne
  • Boden Fliesen, Laminat
  • Balkone 3
  • Keller

Property description

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.

Location

45277 Essen

Date added: 24.07.2024

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