House 24 rooms 750 m² Essen, Germany

Germany, Essen
$1,53M
$2,041/m²
;
Last update: 02/03/2026

Location

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

Property characteristics

Building parameters

  • Number of floors
    Number of floors
    4
  • Rooms
    Rooms
    24
  • Total area
    Total area
    750 m²
  • Living area
    Living area
    620 m²

Interior details

Heating:

  • Yes
  • Central heating

Exterior details

Parking features:

  • Covered parking
  • Underground Parking
  • Private parking

Additionally

  • Management company
  • House leased

Trading information

  • Negotiable price

Payment information

  • Clean offer

Description

A profitable apartment building with commercial space This investment-attractive four-story apartment building with commercial space and garages is available for sale.

In 2025, the heating equipment was replaced. New tiles were also installed in the entryway.

Residential area: • 4 floors • 8 apartments: • 4 three-room apartments of 93 sq. m. each • 2 three-room apartments of 62 sq. m. each • 2 two-and-a-half-room apartments of 62 sq. m. each Total living area: 620 sq. m. Commercial space: • Area: 130 sq. m. • Rented as a hair salon • Tenant with many years of experience • Stable, reliable business Additional amenities: • Garages belonging to the building • Small green area in front of the building • Excellent infrastructure: • School within walking distance • Kindergarten within walking distance • Shops nearby All apartments and the commercial space are consistently rented out and generate regular income. Financial metrics: • Net income: €97,000 per year • Purchase price: €1,300,000.00 + 3.57% • Annual yield: ≈ 7% This property is ideal for investors seeking long-term stable income

Location on the map

Germany, Essen
Education
Healthcare

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