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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 property with solid building structure. The water pipes are made of copper and there has been no water damage for over 12 years. The two attic apartments were renovated about 20 years ago. All apartments have a balcony, and the ground floor unit includes a terrace with a garden. The house is fully rented out with a long-standing and reliable tenant base. The current annual cold rent (including garages) is 37,380.00 EUR. Price Thoughts Considering the prime location, excellent maintenance, and stable rental income, the asking price of 690,000 EUR is reasonable for this property in Essen. The potential for long-term rental income and appreciation make it a solid investment opportunity for buyers looking for a reliable source of passive income.

Location

45355 Essen

Date added: 10.10.2024

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