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

• Anzahl der Etagen im Haus 5
• Fahrstuhl

Description: Offered is a large multi-family house with 12 apartments measuring 70 square meters each, plus a 100 square meter penthouse with exclusive elevator access to the top floor, as well as a studio, 2 garages, and storage rooms (total of 1044 sqm). The purchase price factor is 20.8, equivalent to 3.7 million euros. Since you are purchasing directly from the owner, you will only pay a factor of 19, excluding broker fees. In return, you will receive a property with a highly desirable tenant structure and extensive renovations. Tenants: The majority of the apartments are currently rented to shared living arrangements who are responsible for finding their own replacements (subject to owner approval). Due to the layout of the apartments, the elevator, and the central location near the city center, Japanese quarter, Königsallee, and the train station, there is consistently high demand from individual tenants, shared living arrangements, and families. The buyer can choose to continue renting to shared living arrangements or to individual tenants/families. Rent levels for shared living arrangements can be significantly increased with new leases. Renovations: Within the last 10 years, nearly everything has been renovated, from the internal systems (electrical, plumbing...) to new bathrooms, kitchens, floors, and even the exterior facade. In the last 3 years, all gas heating units have been replaced, ensuring worry-free maintenance for years to come. An energy certificate will be available for viewing during inspections. You will also receive a summary of rental income, renovation details, and the opportunity to visit the property. Price: The price of 3.7 million euros reflects the quality and potential of this property, especially considering the recent renovations and desirable location. The fact that you can purchase directly from the owner without broker fees adds additional value to this investment opportunity. Given the strong demand for rental properties in this area, the potential for increased rental income, and the overall condition of the property, the purchase price is justified and offers a promising return on investment.