| Living area approx. | 231 m² |
|---|
| Plot area | 313 m² |
|---|---|
| Usable floor area | 231 m² |
| Purchase price | 555.000 € |
|---|---|
| Price per m² | 2,402.60 €/m² |
| Commission | 5,95% |
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 assumptionsAnyone who lives in Werden or knows the south of Essen knows:
Multi-family homes do not come onto the market here regularly. Properties are held, not traded. This is precisely what makes this house so special.
Built around 1900, this fully basemented 5-unit building is located in one of the most sought-after residential areas in the south of Essen – a district known for stability, quality of living and long-term value retention. Accordingly, opportunities to acquire a multi-family home of this size in Werden are rare.
With five residential units and a total living area of around 231 m², the property offers a manageable, easy-to-understand structure. This size makes the property particularly attractive – both for experienced owners of existing properties and for buyers looking to purchase their first multi-family home. Not a complex large-scale property, but a house that can be known, overseen and actively managed.
All apartments are currently fully let. The average net cold rent is around €11.22/m², representing a solid, market-conforming level for the south of Essen. The apartment sizes range from approx. 29 m² to approx. 82 m² and meet various tenant needs – from compact living space to spacious accommodation. Particularly noteworthy is the attic apartment with approx. 82 m², which, as the largest unit, also offers use of the rear garden, thereby creating a noticeably higher quality of living.
The tenant structure is quiet and homogeneous, and is the result of careful selection. The previous owner managed the house personally and maintained it continuously.
In recent years, targeted investments have been made: The heating system was renewed, most windows were replaced, and the apartments were gradually renovated when tenants changed. Today, the building presents itself in a well-maintained condition – a decisive aspect for buyers who value predictability, security and peace of mind.
The house is heated by a gas central heating system using condensing technology; hot water is provided decentrally. The plumbing and electrical installations are predominantly in a modern condition. The rear garden not only enhances the residential value, but also strengthens the tenants’ long-term ties to the property.
This house is not an experiment.
It is a logical next step – for people from Werden or the south of Essen who consciously invest their capital in their own surroundings would like to invest.
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Rent schedule
APARTMENT 01
Location: ground floor left
Lettable area: 38.53 m²
Net cold rent per month: €443.87
Net cold rent per m²: €11.52
APARTMENT 02
Location: ground floor right
Lettable area: 32.52 m²
Net cold rent per month: €450.00
Net cold rent per m²: €13.84
APARTMENT 03
Location: 1st upper floor left
Lettable area: 48.41 m²
Net cold rent per month: €563.98
Net cold rent per m²: €11.65
APARTMENT 04
Location: 1st upper floor right
Lettable area: 29.28 m²
Net cold rent per month: €351.65
Net cold rent per m²: €12.01
APARTMENT 05
Location: attic
Lettable area: 82.26 m²
Net cold rent per month: €782.00
Net cold rent per m²: €9.51
Summary
Total living area: approx. 231.00 m²
Net cold rent per month: €2,591.50
Net cold rent per year: €31,098.00
Average net cold rent: €11.22/m²
Occupancy status: 100% rented
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