Rented shared apartment with open-plan kitchen-living area (investment property)

Key facts

Purchase price & costs

About this apartment

Attractive investment property with proven shared-apartment concept
This bright and fully renovated period apartment on the 3rd floor offers approximately 65 m² of living space, combining reliable rental income, a central location and long-term development potential.

The apartment is located on Malzstraße in the popular Elberfeld district of Wuppertal – just a few minutes’ walk from the main railway station and in the immediate vicinity of the University of Wuppertal. The apartment is currently successfully rented as shared accommodation, offering an established and flexibly manageable rental concept.

Apartment – completely renovated and flooded with light
The apartment on the 3rd floor was extensively renovated at the end of 2024 and is in modern, well-maintained condition.

Thanks to its east-west orientation, the rooms benefit from plenty of natural light throughout the day. The apartment has two large, bright rooms of approximately 15–18 m² each, fitted with high-quality laminate flooring.

The spacious bathroom has a window as well as modern wall and floor tiles.

A particular highlight is the modern open-plan kitchen-living area overlooking the green communal garden. The fitted kitchen, renewed at the end of 2024 and including a dishwasher, is finished to a high standard and is already fully included in the apartment.

There is also potential for expansion in the attic, offering additional long-term potential.

At a glance – Property & key figures
•Orientation: East-west
•Last major renovation of the building: Roof renovation 2018
•Annual total rental income: €8,616
•Current community reserves: approx. €59,600

The combination of a committed owners’ association, an above-average reserve fund and technical measures already carried out provides a solid foundation for the property’s long-term value retention.

Watch the video tour!
 Simply scan the QR code.

Fittings and features, as described

Conclusion
This apartment offers investors an attractive combination of a central university location, fully renovated condition, established shared-apartment rental and long-term development potential.
The well-maintained property, solid reserve funds, the roof renovation already completed and professional management reduce ongoing organizational effort. At the same time, the apartment offers attractive prospects through its current rental situation and the possible future adjustment of room rents.
An attractive investment for investors who value a readily rentable property in a central Wuppertal location and an uncomplicated rental concept.

Location

Location details

Central location between the university, main railway station and city centre
Malzstraße 23 is centrally located yet pleasantly quiet in Wuppertal’s Elberfeld district.

Wuppertal Central Station can be reached within a few minutes on foot. The Bergische University of Wuppertal is also in the immediate vicinity and can be reached on foot in around 10–15 minutes. This makes the location particularly suitable for renting to students and working professionals.
The city centre with its pedestrian zone, shopping facilities, cafés and restaurants can also be reached conveniently on foot. Cultural attractions such as the Von der Heydt Museum and other central facilities complement the urban surroundings.

Thanks to the nearby bus stops and Wuppertal Suspension Railway, local public transport connections are also excellent. The A46 and A1 provide quick connections to the surrounding cities and the regional transport network.
Despite its central location, Malzstraße offers a pleasant residential atmosphere away from the major main traffic routes. Green spaces and local recreational opportunities in the surrounding area provide an attractive contrast to the urban environment.