| Type | Mixed residential and commercial building |
|---|---|
| Living area approx. | 399 m² |
| Year built | 1958 |
| Available from | Nach Vereinbarung |
|---|---|
| Heating | Central heating |
| Fuel type | Gas |
| Plot area | 559 m² |
|---|---|
| Parking spaces | 4 |
| Condition | Well kept |
| Type of energy certificate | Energy consumption |
| Rental income | 68.752 € |
| Purchase price | 899.000 € |
|---|---|
| Price per m² | 2,253.13 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsFor sale is a well-maintained, fully let residential and commercial building in Dortmund-Mengede, offering a solid investment with reliable rental income. The property has a lettable total area of approx. 580 m² on its own plot of approx. 559 m² and has been continuously modernized over the years, presenting itself in a well-maintained and contemporary condition.
Heating is provided centrally via a gas condensing system dating from 2018. The commercial unit on the ground floor is subject to a tenancy agreement that has not been terminated. The apartments on the upper floors have functional fittings, and two of the three units have a balcony.
The solid-construction building with a pitched roof has a full basement. In addition, there are four parking spaces directly at the house. The combination of a long-term commercial anchor tenant and a family-oriented tenant structure in the apartments represents another strong factor for sustainable lettability.
The building is fully let. The commercial area amounts to approx. 180 m², with an annual net cold rent of approx. €26,548, while the total residential area amounts to approx. 400 m², generating approx. €41,009. In addition, the four parking spaces generate a total of €1,200 p.a. This puts the current total rental income at approx. €68,757 p.a., making the property a particularly attractive investment opportunity for investors. The existing tenancies ensure immediate and predictable cash flow from the first day of acquiring ownership.
An ideal investment for investors looking for a high-yield existing property with a stable return in one of the most populous cities in the Ruhr region.
Over the years, the property has been further developed through various changes of use as well as conversion and extension measures. The corresponding permits and approvals, as well as the documentation relating to fire and sound insulation provided by officially recognized experts, are available and will be made available upon interest as part of a comprehensive documentation package.
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The property is located in the Mengede district of Dortmund in the northwest of the city, directly adjacent to the established town centre around Mengeder Markt. The district has approximately 39,500 inhabitants and is one of Dortmund’s predominantly residential areas, with a stable and broadly diversified tenant structure.
The location offers exceptionally convenient local amenities right on the doorstep. A grocery store is approximately 40 m away, and a pharmacy approximately 110 m away. Mengeder Markt, with its mix of retail, restaurants and service providers, can be reached on foot within a few steps. Kindergartens as well as primary and secondary schools are located in the district.
The transport links are also remarkable for a location of this kind. The Mengede Markt bus stop is approximately 30 m away and is served by several routes operated by DSW21, Vestische and HCR. Dortmund-Mengede railway station is approximately 1 km away and provides connections to regional and S-Bahn services. From Westerfilde, the U47 light rail line provides a direct connection to Dortmund city centre. In addition, the A2, A45 and A42 motorways can be reached within a short time, providing good connections to Castrop-Rauxel, Herne, Bochum and the entire western Ruhr area.
It is precisely this combination of a central town-centre location, convenient local amenities within walking distance and good supraregional transport links that makes the location sustainably attractive both for residential use and for the commercial unit on the ground floor.
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