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42655 Solingen - Nordrhein-Westfalen
Property Description: For sale is a rented multi-family house from the year 1906 with a total of four apartments, a commercial space on the ground floor, and an annex. The entire property extends over 951 m². The annex with a separate entrance (currently vacant) is approximately 100 m² in size and offers plenty of space for a family with a large garden with terrace and a garden house. Entering through the hallway, you will find the first room and a staircase leading to a small attic. A bright and spacious winter garden connects to the entrance area, leading to a cozy open living room, two additional rooms, a bathroom, and the kitchen. The ground floor of the multi-family house features an approximately 86 m², light-filled commercial space currently used as a hair salon. This space includes two generous rooms with a small kitchenette and storage room. The first floor accommodates two apartments each with approximately 55 m². These two-room units feature an open floor plan with their own washing machine connection in the bathroom. In the attic, there are two additional apartments with approximately 40 m² each. These units offer a one-room and two-room layout respectively. The multi-family house is currently fully rented out, providing an attractive return for the buyer. The single-family house is available for self-use or rental. The annual potential rental income is €31,368, while the actual annual rent is €22,128. Situated centrally with easy access to shopping, schools, and public transportation, this property offers a great opportunity for investors or as a multi-generational home. Schedule a viewing today and see for yourself the potential of this property. Price Thoughts: The listed price of €550,000 for this property appears to be reasonable considering its size, rental income potential, and central location. With the opportunity for additional rental income or personal use of the single-family house, this property offers a solid investment opportunity for both investors and those looking for a spacious multi-generational home.
42655 Solingen - Nordrhein-Westfalen