Development potential for investors: residential and commercial building PLUS building/commercial plot! – Photo 1

Development potential for investors: residential and commercial building PLUS building/commercial plot!

Published on 13/11/2025 · Last checked on 15/08/2026

The advertiser will give you the exact address on request.
44579 Castrop-Rauxel Habinghorst
Nordrhein-Westfalen
Purchase price
498.000 €
Living area
342 m²
Rooms
17
TraumImmo ID: M3SA9ZK
Partner ID: 637950745
Partner listing by: RegionalImmobilien24
Advertiser:
Anonymous

Key facts

Living area approx.342 m²
Rooms17

Plot area778 m²

Purchase price & costs

Purchase price498.000 €
Price per m²1,456.14 €/m²
Commission3,57%

About this investment property

This real estate package consists of a residential and commercial building on a plot of approx. 326 m² and an directly adjacent, undeveloped plot with a size of approx. 452 m².

The well-kept apartment building has stood in Habinghorst since the early 20th century and has experienced quite a bit of history. In the 1970s, the house underwent a refresh, when new bathrooms, pipes and windows were replaced. Windows were continuously replaced as needed, so today you will find predominantly double-glazed windows. Some of the bathrooms were modernized at the end of the 1990s and one a few years ago. Most recently, the gas central heating was modernized in 2019.

The total of 5 apartments are individually laid out and have different apartment sizes. Starting with the smallest apartment with two rooms on around 44 m² up to the four-room owner’s apartment with approx. 112 m², the property offers all apartment sizes in strong demand on the rental market. On the ground floor there is a retail unit / office with a separate entrance.
All units are well rented, mostly in long-term tenancies. The tenants like living in their apartments and would like to stay here. The owner’s apartment will become vacant in the foreseeable future and can be re-let or used by the owner.

Due to the long-standing tenancies, rents have only rarely been increased. For this reason, the rental income is still significantly below market rents. Potential that can be developed in the short term to approx. € 34,000.00 annual net cold rent (including the owner’s apartment that will become vacant).

The house is fully basemented and offers plenty of storage space. Despite its age, the basement makes a period-typical, but still orderly impression. The attic is not converted and offers additional storage space.

There is a spacious garage in the courtyard as well as a generous and two small storage rooms available.

A craft business used to be located on the adjacent site; today, an extra-high carport with an adjoining office offers parking spaces for a motorhome or boat, as well as several car parking spaces. You can consider establishing your quiet business here. As has already happened in the neighborhood, the construction of a multi-unit apartment building would be prefigured and also conceivable.

The property is being sold from private ownership and has so far been managed by a property management company.

You have Still interested and would like more information? Then we look forward to hearing from you.


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Advertiser:
Anonymous

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