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45355 Essen
Property description This 7-family house is located in a prime location in Essen-Bochold. It is a well-maintained property with solid construction. The water pipes are made of copper, and there have been no water damage incidents in over 12 years. The two attic apartments were renovated around 20 years ago. All units feature balconies, and the ground floor apartment includes a terrace with a garden. The property is fully rented out with long-term and reliable tenants. The current annual cold rent (including garages) is 37,380.00 EUR. Thoughts on price At 690,000€, this property offers great value for investors looking for a stable rental income with minimal maintenance costs. The solid construction and long-term rental history make it a sound investment in the Essen real estate market. The property's location and well-maintained condition further add to its attractiveness. Overall, this property presents a lucrative opportunity for those looking to add a profitable asset to their portfolio.
45355 Essen