Charming period apartment building in Herne – fully let and well maintained
- Purchase price
- 475.000 €
- Living area
- 445 m²
- Rooms
- 20
RegionalImmobilien24
Key facts
| Type | Block of flats |
|---|---|
| Living area approx. | 445 m² |
| Bedrooms | 9 |
| Rooms | 20 |
|---|---|
| Bathrooms | 8 |
| Plot area | 507 m² |
|---|---|
| Usable floor area | 445 m² |
Purchase price & costs
| Purchase price | 475.000 € |
|---|---|
| Price per m² | 1,067.42 €/m² |
| Commission | 0 |
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Property no.: 1071692
This apartment building, constructed in 1914, embodies the classic charm of a well-established Ruhr-area property while also offering the qualities that investors appreciate in a long-term existing-property investment. On a plot of approximately 507 m², around 445 m² of living space is available, distributed across eight residential units. All apartments are currently let and generate annual net cold rent of approximately €36,576, providing reliable and predictable rental income from the outset.
The first impression already makes it clear that this is a building with history and character. The architecture typical of its construction period gives the property a distinctive appeal, while the solid construction provides the basis for sustainable letting. At the same time, the property is presented in a well-maintained condition and has been continuously maintained over the years. This creates a harmonious overall impression combining historic substance with ongoing upkeep.
A particular added benefit lies in the existing outdoor areas. Three balconies provide additional living comfort and sustainably enhance the apartments’ appeal. This is complemented by the garden, which offers residents a pleasant place to spend time and gives the property additional residential value.
The existing tenant structure, full occupancy and solid income base make the property an attractive investment for investors who value continuity and sustainable income. An investment that does not rely on short-term effects, but instead stands out through stability, lasting value and long-term prospects.
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