| Type | Block of flats |
|---|---|
| Living area approx. | 840 m² |
| Year built | 1965 |
| Plot area | 820 m² |
|---|
| Purchase price | 1.639.000 € |
|---|---|
| Price per m² | 1,950.26 €/m² |
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More financing calculators and assumptionsFor sale is a high-yield residential and commercial building in a prime location—directly on Remscheid’s lively pedestrian zone.
Built in 1960, the building impresses with its solid structure and excellent tenant profile. It offers a total of approx. 830.4 m² of residential space and approx. 266 m² of commercial space, currently fully let.
The property comprises:
3 retail units on the ground floor
10 residential units on the upper floors
The annual net cold rent totals EUR 100,740, making this property an attractive and stable investment.
A particular highlight: The building has already been divided into individually owned condominium units (ETW). This creates the option of selling the individual units separately if required—ideal for investors with a medium-term sales strategy.
Thanks to its central location and excellent infrastructure, sustainable lettability is ensured. The property therefore offers ideal conditions for a long-term, value-stable investment in the heart of Remscheid.
The residential and commercial building is located in a central and sought-after position on Alleestraße in Remscheid. This prominent street lies in the heart of the city and offers excellent infrastructure as well as a high volume of pedestrian traffic.
The surrounding area is characterized by a mix of residential and commercial uses, which increases its appeal to tenants and business operators alike. Numerous shopping facilities, restaurants, cafés, medical practices and service businesses are located in the immediate vicinity, creating a lively atmosphere.
Transport links are excellent: Both public transport and connections to major regional routes such as the A1 and B229 can be reached quickly. This makes the location particularly attractive not only for residents but also for commercial tenants.
Parks and green spaces are within walking distance, inviting residents to relax and enhancing the residential appeal. Schools, kindergartens and other educational facilities are also conveniently accessible, making the location attractive for families as well.
Alleestraße itself benefits from urban development measures and a well-maintained appearance, suggesting positive long-term development of the location. This location offers an optimal combination of centrality, infrastructure and growth potential—ideal Requirements for an investment.
SQUARE METERS OF THE INDIVIDUAL APARTMENTS/COMMERCIAL UNITS
Ground floor commercial unit on the left: 86 sqm
Ground floor commercial unit on the right: 55 sqm
Ground floor commercial unit: 125 sqm
1st-floor apartment: 150 sqm
1st-floor apartment: 57 sqm
2nd-floor apartment: 40 sqm
2nd-floor apartment: 83 sqm
2nd-floor apartment: 71.7 sqm
3rd-floor apartment: 40 sqm
3rd-floor apartment: 83 sqm
3rd-floor apartment: 71.7 sqm
Top-floor apartment: 96 sqm
Top-floor apartment: 38 sqm
Rear building: 100 sqm
RENTAL INCOME PER MONTH
- Net rent residential space: 6,875 EUR
- Net rent commercial space: 1,330 EUR
- Furnishing allowance: 190 EUR
- Total net rent: 8,395 EUR
RENOVATION
- 2014 Gas heating
- 2023 Flat roof refurbishment
- New wastewater pipes
Further details are available upon request.
We offer not only a free hotline, but also a weekend service. If interested, please always provide your complete contact details. You will receive the property brochure by e-mail after your inquiry.
The property description is based wholly or partly on information provided by the owner. We assume no liability for its accuracy or completeness.
Would you also like to have your property professionally marketed? Call us; our hotline is personally available to assist you from Monday to Sunday, 6:00 a.m. - 10:00 p.m., at 0800 6460646! More than 40,000 active prospective buyers are already waiting for you.
The energy performance certificate is currently being prepared and will be available for viewing.
FALC Immobilien Remscheid
Margarita Kwiring
Email: remscheid@falcimmo.de
Office: 02191-5657459
Mobile: 0157- 37853 449
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