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Benninghofer Str. 185 44267 Dortmund - Nordrhein-Westfalen
Property Description This property is a semi-detached house with five residential units, all of which are fully rented out. Public funds have been approved for the property, with a monthly rent of €5.40/m2 for most units and €4.30/m2 for one specific unit. There is a possibility for an annual increase of 1.5% in rent, as permitted by the German Civil Code. Parking spaces are available for rent at €15.00 per month. The property is subject to a condominium declaration according to the WEG (Wohnungseigentumsgesetz), with individual land registers for each unit. Price Thoughts The price of €1,099,000 reflects the current market value of the property, taking into account its multi-unit income potential and the approved public funding for the units. With a fully rented out property, the potential for a stable and increasing rental income adds to the property's overall value. The semi-detached nature of the property also makes it an attractive investment opportunity for buyers looking to diversify their real estate portfolio.
Benninghofer Str. 185 44267 Dortmund - Nordrhein-Westfalen