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42653 Solingen-Gräfrath - Nordrhein-Westfalen
Property Description For sale is an attractive 10-unit apartment building, built in 1968 in a solid construction. The property offers an interesting mix of living space, consisting of a compact, furnished basement apartment and nine additional units spread evenly throughout the building (3 units per floor). A easily accessible attic provides additional space and is accessible through the communal staircase. 9 out of the 10 units have the luxury of their own balcony, providing residents with a private outdoor space for relaxation. The property also includes well-maintained green areas both in front and behind the building, adding a pleasant visual touch. Each unit comes with a separate cellar space, enhancing the comfort of living. A communal laundry area is available to all residents. The parking situation includes two on-site parking spaces with additional public parking options nearby. When fully rented, the property generates annual rental income of €48,768, resulting in an attractive yield of approximately 5.8%. With its thoughtful layout and excellent, sought-after location in Solingen - Gräfrath, this 10-unit apartment building is an appealing investment with long-term growth potential. Price Thoughts: The asking price for this property is €838,500. Given the annual rental income and the potential for growth in the area, this investment offers a solid return on investment. The current rental demand and the desirable location make this property a valuable asset for any investor looking for a stable income stream and long-term appreciation.
42653 Solingen-Gräfrath - Nordrhein-Westfalen