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Commercial property in Essen's northern district Single-family house/two-family house fully let

Kallenbergstr. 19, 45141 Essen (Nordviertel) – Nordrhein-Westfalen
1.100.000 €
250 m²
Living Area
1,290 m²
Property
Private offer
apartment building or investment property
residential and commercial building

Fully let investment property in the center of Essen, which is also suitable for owner-occupation. The rental agreements with the tenants are designed in such a way that the new owner is entitled to terminate the lease in the event of a sale.
The property is a plot with two commercial units (currently a car body and paint store and a tire shop) and a residential building, which extends over two floors.
The commercial units are divided into a two-storey warehouse with a load-bearing floor. Currently used by a body store. The second commercial unit comprises 3 halls (a paint booth is installed in one hall and a hall with a height of 6.50 m). Currently used by a car paint store and a tire shop.
These two apartments (which could also be rented out individually) are currently occupied by the owner's family. The house also has a pool of approx. 40m2, but the room is currently converted into a large fitness room with appropriate equipment. In addition, the upper apartment has a large bathroom, a fireplace, a roof terrace and a roof shed (formerly a dovecote).
An office is located on the first floor and is spatially separated from the apartments (it would be conceivable to rent it out to the commercial enterprises; it is currently used by the owner).
The upper apartment resembles a maisonette with bedroom, large living and dining area and fireplace. There is also a kitchen and bathroom. The lower apartment has five rooms, a laundry room, a bathroom and a guest WC.
The current basic rent is € 6800.
Due to graduated rent, this will increase to 7200€ next year and if the apartments were rented separately, the total would be 7700€.

Are you interested in this offer?

Object Number
OM-284115
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
by arrangement

Purchase price & additional costs

purchase price
1.100.000 €
Purchase additional costs
approx. 84,963 €
Total costs
approx. 1,184,962 €
Price per m²
930.22 €

Breakdown of Costs

Purchase price 1.100.000 €
Real estate transfer tax 71,500 € (6.50%)
Notary costs 8,925 € (0.81%)
Land register entry 4,538 € (0.41%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 3,975 €

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.42%

Details

Condition
well-kept
Year of last modernization
2015
Number of floors
2
Commercial area
1040 m²
Total area
1290 m²
Net rental income (target) p.a.
91200 €
Net rental income (actual) p.a.
81600 €
X-times rental income
13.00
Flooring
parquet, tiles
Heating
central heating
Year of construction
1960
Equipment
terrace, roof terrace, full bath, pool / swimming pool, fitted kitchen, guest toilet, fireplace
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

There are plenty of parking spaces in the courtyard and outside.
The commercial halls have electric sectional doors.
There is also a paint booth for vehicle painting, built in 2016.
There are many conceivable uses for the halls
The current operations are in the automotive sector. Due to the location, however, a wide variety of industries are possible, such as metal trading, food storage, etc. Due to the high storage possibilities, any industry with storage requirements can express interest in renting.

Location

Kallenbergstr. is a small street in the Stadtwiese industrial estate, which is located directly on the B244 and in the immediate vicinity of the University of Essen. In addition, the new water technology center of the University of Essen will soon be built about 150m away. The city center with Limbeckerplatz is a 5-minute walk away. Everyday stores are just a 3-minute walk away. Due to the location, it goes without saying that there are numerous schools and doctors in the vicinity, as well as public transportation. A new district (district 51) is currently being built in the immediate vicinity. This will also have an impact on the value of the property in the future.

Location Check

Einkaufen
150m
Sport
250m
Medizin
450m
Mobilität
250m
Natur
200m
Restaurants
450m
Nachtleben
400m
Kultur
700m

Energy

Main energy source
oil

Miscellaneous

Broker inquiries not welcome!

Topic portals

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Phone: 0160 1670007