Published on 22/07/2026 · Last checked on 08/08/2026
| Type | Multi-Family House |
|---|---|
| Living Area ca. | 847 m² |
| Rooms | 48 |
|---|
| Property Area | 390 m² |
|---|---|
| Bedrooms | 19 |
| Bathrooms | 13 |
| Selling Price | 889.000 € |
|---|---|
| Price per m² | 1,049.59 €/m² |
| Courtage | no courtage for buyers |
**Commission-free return hit in Gelsenkirchen: 6.96% actual return – increase to approx. 8.36% possible**
For sale is an attractive, fully let residential and commercial building in a central location in Gelsenkirchen. The property consists of two connected buildings and comprises a total of 13 rental units:
* 10 apartments
* 1 office
* 1 storage
* 1 commercial unit, let as a tea room
The total residential and commercial area is approx. 847 m². The plot size is approx. 390 m².
With its solid letting, attractive location and existing rental increase potential, the property offers an interesting investment opportunity for capital investors.
**The key investment data:**
* Purchase price: €889,000
* Buyer’s commission: commission-free
* Monthly net cold rent: €5,159.67
* Annual net cold rent: €61,916.04
* Gross initial yield: approx. 6.96%
* Purchase price factor: approx. 14.36
* Total area: approx. 847 m²
* Plot size: approx. 390 m²
* Units: 10 apartments and 3 commercial units
* Heating: gas heating
* Occupancy status: fully let
**Attractive development potential**
According to the owner, rents have not been adjusted for about 5 years and are in some cases below the local market level. With a purely calculated rent increase of 20%, the annual net cold rent would rise to approx. €74,299.25.
This would result in the following values:
* Potential gross initial yield: approx. 8.36%
* Potential purchase price factor: approx. 11.97
Possible rent increases must be reviewed separately for each unit and implemented in compliance with the respective legal and contractual requirements.
The breakdown into 13 units ensures broad risk diversification. At the same time, the central location in the Ruhr area offers good conditions for a long-term stable rental situation.
The sale is commission-free for the buyer. Request the full exposé now. Viewings are possible at short notice by appointment.
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