Straßenansicht
Hofansicht
EG Gewerbe Badezimmer
EG Gewerbe Empfang
2. OG Wohnzimmer
DG Wohnzimmer
Grundriss Erdgeschoss
Grundriss 1.Obergeschoss
Grundriss 2. Obergeschoss
Grundriss Dachgeschoss
| Type | Block of flats |
|---|---|
| Living area approx. | 279 m² |
| Year built | 1994 |
| Rooms | 12 |
|---|
| Plot area | 299 m² |
|---|
| Purchase price | 610.000 € |
|---|---|
| Price per m² | 2,186.38 €/m² |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsThis residential and commercial building is suitable for capital investors who wish to add a clearly classifiable existing property to their portfolio. The property structure is clear, easy to understand, and enables calm, predictable management within a long-term investment strategy.
Property & Substance
The building was erected in solid construction in 1994. The layout of the house is logical and functional. The structural condition corresponds to a simple, age-appropriate standard and therefore offers a reliable basis for gradual development within the existing stock.
Income & Management
The property comprises four residential units and one commercial unit and is fully let. The rental income is clearly structured and easy to understand. The existing tenant structure allows orderly management and supports a continuous income situation.
Flexibility & Strategy
The property can be flexibly integrated into different investment strategies. In addition to long-term holding as an existing asset, structured adjustments within the existing units and in the common areas are also conceivable. The scope and timing of possible measures can be fully adapted to the investor's individual strategy.
Future & Classification
Fixtures and technical systems are kept functional and offer room for individual decisions over time. The property can be developed without time pressure and calmly integrated into a sustainable portfolio structure.
The location is in the western Essen urban area and is part of the Ruhr area, one of the largest contiguous metropolitan regions in Germany.
The city of Essen has around 580,000 inhabitants and is firmly established within the regional structure as a central residential, working, and supply location. The western urban area thereby fulfills a clear residential function within the city and regional market.
The immediate surroundings are characterized by established residential use with supplementary commercial structures.
The population structure is stable and shows continuous demand for functional, well-connected living space. This structure has a positive effect on rental security and supports long-term occupancy.
The target tenant structure consists predominantly of working people, smaller households, and households with middle incomes together. Demand is oriented toward suitability for everyday use, accessibility and predictable housing costs and is therefore less volatile than in more price-driven segments.
Transport links are provided both by public local transport and by individual motor transport. Bus and train connections integrate the location into the urban network and enable reliable access to central work and supply areas. Via the supraregional road network, in particular the A42 as well as other main traffic arteries of the Ruhr area, there is good access to neighboring cities and business locations.
Overall, the location offers a functioning combination of population base, continuity of demand and accessibility. These factors form a solid basis for long-term holding of the asset with predictable rental and stable management.
- Fully rented residential and commercial building
- Clearly structured, manageable property layout
- Year of construction 1994 in solid construction
- Functional division of the units
- Good controllability in management
- Suitable as a long-term portfolio component
- Complete thermal insulation
- No basement
The property description is based in whole or in part on the owner's information.
We assume no liability for the accuracy and completeness of this information.
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