| Type | Block of flats |
|---|---|
| Living area approx. | 498 m² |
| Purchase price | 599.000 € |
|---|---|
| Price per m² | 1,201.82 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsWe present to you a unique investment opportunity in two multi-family houses with a total of 17 residential units in the heart of Wuppertal. Of these, a total of 10 residential units are for sale, distributed across two buildings at Germanenstraße 28 (8 units) and Freesestraße 3 (2 units)
The charming ensemble, which extends around the corner, shares an attractively designed inner courtyard that offers residents a green oasis of tranquility.
At Germanenstraße 28, 8 of a total of 10 condominium apartments are for sale. Three of these units are currently not rented and therefore offer the possibility of immediate owner-occupation or re-letting. Extensive maintenance and modernization measures have already been carried out here. The facade has been renewed, the staircase modernized, and the heating system brought up to the latest standard in 2017, which ensures high energy efficiency.
In addition, there will be the opportunity to create another apartment in the attic.
A valid building permit for this already exists.
At Freesestraße 3, the two ground-floor apartments out of a total of 7 units are for sale. Both apartments are rented and therefore provide immediate rental income. Various modernizations have also been carried out in this building, including the replacement of windows and the renewal of the staircase. The facade here still offers potential for future value appreciation through redesign.
These properties offer an attractive combination of immediate rental income, development potential, and the possibility of targeted owner-occupation. Ideal for capital investors looking to expand their portfolio.
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