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Revenue house 387 m² in Essen, Germany

Germany, Essen
$666,804
$1,723/m²
;
5
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ID: 3632768
Property ID on Realting
Last update: 13/10/2025

Location

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  • Country
    Germany
  • State
    North Rhine-Westphalia
  • City
    Essen

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $1,723/m²
  • Total area
    Total area
    387 m²

Building parameters

  • The year of construction
    The year of construction
    1965
  • Number of floors
    Number of floors
    6

Investment params

  • Yield per year
    Yield per year
    6%

Description

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Package of 8 apartments in Essen in the Altendorf area

in total there are 11 apartments in the house

house built in 1965 in a building of 6 floors

the object is well maintained

the house has central gas heating

apartment area 387 m2

4 apartments with an area of 60-62 m2 (that’s 3.5 rooms)

part of the apartments is rented out

1 m2 of this house - rented out for € 8.20





 

Information about the city:

The history of Essen dates back to 800, the city is rich in cultural and historical attractions. The headquarters of the largest German gas sales and gas transportation company E.ON Ruhrgas is located in Essen. The Messe Essen exhibition complex hosts major international exhibitions every month, including those in the metallurgical, computer and consumer goods industries, attracting specialists from all over the world. If you are traveling to Essen to view an apartment during the next exhibition, be prepared for increased prices for hotel rooms. However, if you already have your own apartment in Essen, this should not bother you. You can also easily rent out an apartment in Essen. The city is home to the headquarters of eight of the country's hundred largest concerns and employs many highly qualified specialists. There are also many students in the city who traditionally rent housing during their studies. The University of Duisburg-Essen is located in Essen, which is part of the ConRuhr alliance of Ruhr universities and welcomes students from all over the world.

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Germany, Essen
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Revenue house 387 m² in Essen, Germany
Germany, Essen
$666,804
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