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House for sale in Essen, Germany

690 000€

45355 Essen

Features

  • Küche Einbauküche
  • Bad Dusche, Wanne, Fenster
  • Boden Fliesen, Laminat
  • Balkone 6
  • Terrassen 1
  • Keller

Property description

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 structure, featuring copper water pipes with no water damage for over 12 years. The two attic apartments were recently renovated approximately 20 years ago. Each unit comes with a balcony, and the ground floor apartment has a terrace with a garden. The building is fully rented out with a long-standing and reliable tenant base. The current annual rental income (including garages) is 37,380.00 EUR. Price Thoughts: The property's price tag of 690,000 EUR is justified considering its excellent condition, prime location, and stable rental income potential. With a fully rented building and loyal tenants, this investment opportunity promises a steady stream of income for the new owner. Additionally, the recent renovation of the attic apartments adds value to the property, making it an attractive option for potential buyers looking for a hassle-free investment with long-term rental prospects.

Location

45355 Essen

Date added: 02.10.2024

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