Revenue house 463 m² in Gelsenkirchen, Germany

Apartment house in the very center of Gelsenkirchen, 3 minutes from the central pedestrian street.

Apartment building with 8 apartments. A major renovation was carried out in 2021. (price includes repairs).

The house was replaced by:

- heating system (new boiler, boiler installed, new pipes laid),
- new windows with 3-chamber double-glazed windows were installed,
- electrics, wiring, sockets, switches were completely installed, a new electrical panel was installed, new distribution boxes were installed in each apartment
- doors in the entrance and interior doors in apartments were replaced,
- new plumbing was installed in the bathrooms and tiles were laid according to modern standards,
- all apartments have new wallpaper installed, walls painted, new laminate flooring installed.

At the moment, 8 of the 8 apartments are already rented out, the annual income is 37,980 euros/year.

For example, a buyer can leave 1 apartment in a house for personal residence.

Year of construction: 1911. Renovations were carried out in 1965/2003/2021.

Number of floors: 4 floors.

Living area 463 m2

Rental rates:

For example - a one-room apartment with an area of 36 m2
rented at the price (KM 275 euros +125 euros NK) = WM 400 euros (including heating)

For example, a 3-room apartment with an area of 78 m2
in this house is rented for (KM 550 euros +180 euros NK) = WM 730 euros (including heating)

Annual income can be raised upon purchase to - 40,470 €

  The house is conveniently located: only 300 m to the central shopping pedestrian street and 500 m from the central station!

Commission for the Buyer + 4.76% of the cost of the property.
                                                  

Details on request.