Published on 17/12/2025 · Last checked on 11/08/2026
| Type | Multi-Family House |
|---|---|
| Living Area ca. | 855 m² |
| Rooms | 17 |
|---|
| Property Area | 670 m² |
|---|---|
| Bedrooms | 9 |
| Bathrooms | 6 |
| Selling Price | 695.000 € |
|---|---|
| Price per m² | 812.87 €/m² |
| Courtage | 3,57% (3,57 % inkl. 19 % MwSt. (des notariell beurkundeten Kaufpreises)) |
Note on the area specification:
In order to ensure comparability of this residential and commercial building with other multi-family houses on real estate portals, we have stated the entire lettable area of the building under "living area". This consists of 513 m² of pure living space and 342 m² of commercial space, resulting in a total lettable area of 855 m².
This distinction is particularly relevant for capital investors, as the economic value of the property is derived not only from the living area, but from the entire lettable area. A detailed breakdown of the areas and rental income can of course be found further on in the exposé.
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Construction phases
· 1934: Original new build
· 1938: Conversion
· 1949: Conversion
· 1952: New build/extension on the right
· 1955: Increase in height of the workshop
· 1959: Conversion
· 1965: Expansion of storage
· 1990: Conversion of storage space into apartment
The residential and commercial building offered in a central location in Blankenrath presents itself as a high-yield investment property with a total of nine units – six residential units and three commercial units. The building was originally constructed in 1934 and over the decades has been expanded and converted several times, so that today there is a lettable area of around 855 m² available.
The property is almost fully rented and currently generates an annual net rent of €53,464.80. With full occupancy (including the currently unused storage area on the ground floor), an annual income of around €60,000 is realistic. This corresponds to a target return of 8.63% with an attractive factor of 11.58.
The tenant structure is solid and consists of both private tenants and long-established commercial tenants, including a travel agency and an insurance company. Thanks in part to staggered lease agreements, a sustainable increase in income is also expected.
The property also offers development prospects for investors: the currently vacant storage area of approx. 154 m² can either be re-let or converted for alternative uses. Targeted modernizations and adjustments to today’s standards can further optimize rental income.
With its central location, solid tenant structure, and good relationship between purchase price and income, this property represents an interesting opportunity for capital investors and long-term owners who value long-term stability and development opportunities.
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