Other for sale in 2 40210 Dusseldorf - Nordrhein-Westfalen, Germany

• Anzahl der Etagen im Haus 5
• Fahrstuhl

Description of the property: This property is a large multi-family house with 12 apartments, each measuring 70 square meters, along with a 100 square meter penthouse with an exclusive elevator that goes directly up to the penthouse. Additionally, the property includes an atelier, 2 garages, and storage rooms, totaling 1044 square meters. The purchase price factor is 20.8, equivalent to 3.7 million euros. However, purchasing directly from the owner allows for a reduced price factor of 19, as there are no agent fees involved. The property boasts a strong rental structure, with most of the apartments currently rented out to shared living arrangements who find their own replacements. Due to the layout of the apartments, elevator access, and proximity to the city center, Japanese Quarter, Königsallee, and the train station, there is always high demand for rentals, whether from individuals, shared living groups, or families. The decision to continue renting to shared living arrangements or individuals/families is up to the buyer, offering flexibility in rental strategy. Extensive renovations have been completed within the last 10 years, including updates to the internal technology (electrical, plumbing), bathrooms, kitchens, flooring, and even the exterior facade. In the last 3 years, all gas heating units have been replaced, offering peace of mind to the new owner for years to come. Energy performance certificates are available for viewing, along with rental income breakdowns and details of the renovations, all of which can be viewed during a property visit. Thoughts on the price: The price of 3.7 million euros for this property reflects the value of the extensive renovations completed, the strong rental structure in place, and the prime location in Düsseldorf. With the option to purchase directly from the owner at a reduced price factor, the opportunity to generate rental income or potentially redevelop the property for personal use makes this property a solid investment in the real estate market. Additionally, the high demand for rentals in the area ensures a steady stream of potential tenants, making this property a lucrative option for investors looking to expand their portfolio.