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45355 Essen
Property Description This 7-unit apartment building is located in a prime location in Essen-Bochold. It is a well-maintained property with a 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. Each unit has a balcony, and the ground floor apartment comes with a terrace and garden. The building is fully occupied with long-term and reliable tenants. The current annual rental income (including garages) is 37,380.00 EUR. Price Thoughts The asking price of 690,000 EUR for this property seems justified given its good condition, location, and steady rental income. With the potential for future rental increases and appreciation in the market value, this property could be a solid investment opportunity for the right buyer.
45355 Essen