Revenue house 1 623 m² in Recklinghausen, Germany

Germany, Recklinghausen
$2,34M
$1,442/m²
;
Last update: 12/04/2025

Location

  • Country
    Germany
  • State
    North Rhine-Westphalia
  • Region
    Kreis Recklinghausen
  • City
    Recklinghausen
  • Address
    Markt, 16

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $1,442/m²
  • Total area
    Total area
    1 623 m²

Building parameters

  • The year of construction
    The year of construction
    1985
  • Number of floors
    Number of floors
    5

Investment params

  • Yield per year
    Yield per year
    6%

Description

Income house in Germany, in Recklinghausen
For sale income house, in the center of Recklinghausen.
The house was built in 1985 (reinforced concrete floors)
The house has 5 floors, there is an elevator.
The house is located on the main street, in the commercial center of the city.
A mix of residential and commercial uses, mostly with clinics in the commercial areas.
Renovations from 2018 to 2023 have been done:
4 apartments, 2 praxis, repairs of roofs and balconies
The total area of the building is 1623 m2:
- living area of 4 apartments 278,09 m2
- area of 6 commercial premises 1 345 m2
10 parking spaces
The house is rented out
Income per year at the moment: 131,723.46 euros (6.04%)
Annual income possible: 155,723.42 euros (7.14%)
It is possible to buy a house by purchasing a company with an existing loan. In this case, the required equity capital would be: 1,030,678 euros.
Annual return on invested capital 12.4% less interest on the loan.
Buyer's commission + 5.95% of the value of the object.

Location on the map

Germany, Recklinghausen
Education
Healthcare
MIPIF
Ask all your questions
Send your request to the agent
Thank you! Your request has been accepted
I want to view this property. Is the price of the property relevant? I want more information about the property. What are the purchase conditions for foreigners? I want to see more photos/videos. Is it possible to buy with a loan/mortgage? Will I get a residence permit if I buy a property?
Back Leave a request
Similar properties