Residential

EUR €1,495,000
USD $1,695,280

Active

Beds: 0

Baths: 16 Full

Wuppertal, Germany

Listed by: VON POLL IMMOBILIEN Wuppertal | von Poll Immobilien GmbH

This investment package consists of three apartment buildings in a central location, connected by a large landscaped courtyard with seven parking spaces. The houses were solidly built in 1958-1959 and have full basements. The entire property has a size of 1,109 m² and the living space for rent is 1,111.14 m². The property package comprises a total of 16 residential units. The top floor ceilings of all three buildings have been insulated to reduce energy consumption and increase living comfort. This contributes to a better energy balance. Due to the excellent and central location, the apartments are in high demand and are rented out quickly. As a result, there are no vacancies. The tenant structure is very homogeneous and pleasant and there is a good, neighborly atmosphere. The current rent level has been deliberately kept moderate and thus offers further potential for apartments of this quality and in this residential location close to the city center. The current rental income from sixteen rented apartments and seven parking spaces amounts to €6,453.00 per month. This corresponds to an annual rent of € 77,436.00. Breakdown of the residential units: House A: Raised first floor, 2 room KDB, 64,62m² 1st floor, 2 room KDB, balcony, 66,24m² 2nd floor, 2 room KDB, balcony, 66,24m² 3rd floor, 2 room KDB, balcony, 66,24m² Total living space approx. : 263,34m² House B: 1st floor, left, 3 rooms, KDB, 66,48m² 1st floor, right, 4 rooms, KDB, 74,82m² 2nd floor, left, 3 rooms, KDB, 66,48m² 2nd floor, right, 4 rooms, KDB, 74,82m² 3rd floor, left, 3 rooms, KDB, 66,48m² 3rd floor, right, 4 rooms, KDB, 74,82m² Total living space approx. : 423,90m² House C: 1st floor, left, 3 rooms, KDB, 66,48m² 1st floor, right, 4 rooms, KDB, 74,82m² 2nd floor, left, 3 rooms, KDB, 66,48m² 2nd floor, right, 4 rooms, KDB, 74,82m² 3rd floor, left, 3 rooms, KDB, 66,48m² 3rd floor, right, 4 rooms, KDB, 74,82m² Total living space approx.: 423,90m² Please contact us for further information or to arrange a viewing appointment.

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