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House for sale in Essen, Germany
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House for sale in Essen, Germany

690 000€

45355 Essen

Features

  • Küche Einbauküche
  • Bad Dusche, Wanne, Fenster
  • Boden Fliesen, Laminat
  • Balkone 6
  • Terrassen 1
  • Keller

Property description

Property Description This 7-family house is located in a prime location in Essen-Bochold. It is a very well-maintained house with a solid structure. The water pipes are made of copper, with no water damage in over 12 years. The two attic apartments were renovated approximately 20 years ago. All apartments have a balcony, and the ground floor apartment has a terrace with a garden. The property is fully rented out with a long-standing and stable tenant structure. The current annual cold rent (including garages) is 37,380.00 EUR. Price Thoughts The asking price of 690,000 EUR for this property in Essen seems reasonable given its good condition, prime location, and steady rental income. With a solid tenant structure in place and no history of water damage, this property offers a lucrative investment opportunity in the real estate market.

Location

45355 Essen

Date added: 09.10.2024

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