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45355 Essen
Property Description: This 7-family house is located in a prime location in Essen-Bochold. It is a well-maintained house with solid construction. The water pipes are made of copper, and there have been no water damage incidents in over 12 years. The two attic apartments were renovated approximately 20 years ago. All apartments have balconies, and the ground floor apartment has a terrace with a garden. The property is fully rented out with a long-term and stable tenant structure. The current annual cold rent (including garages) is 37,380.00 EUR. Price Thoughts: With its desirable location, well-maintained condition, and reliable tenant structure, this property offers great value for its asking price of 690,000€. The solid construction and long period without any water damage incidents make it a sound investment opportunity for those looking to add a profitable rental property to their portfolio.
45355 Essen