Top investment near the Gervinuspark

This first-class investment dating back to 1910 is located right in the heart of Essen-Frohnhausen. The location, the proximity to all infrastructural facilities, as well as the division of the units and the associated rentability characterize this property.
The total of 4 apartments with approx. 270 m² of living space are spread over three floors. The apartments are between approx. 30 m² and 87 m² in size and thus offer optimum conditions for a sustainably attractive return.

The commercial unit is 58 m² in size.

The apartment building was built in 1910 on a plot of around 266 m² and has an attractive façade. The property has a garden at the rear, a full basement and is heated with natural gas.

A particular highlight of the house is the apartment in the attic, which has potential for expansion.

The annual net rental income (target) amounts to around EUR 39,600.
The annual net rental income (actual) amounts to around EUR 30,840.

Overall, the apartment building has been modernized, including the installation of a new heating system, windows and sanitary installations.

The apartment building is located in the urban and lively Frohnhausen district of Essen, which boasts both a central location and excellent connections to the public infrastructure.

The connection to public transportation is optimal: the Essen Gervinusstaße streetcar stop is just a one-minute walk away. This provides a quick connection to important destinations in the city and the surrounding area, including Essen's main train station and the city center. Important transport links such as the A40 and A52 are also within easy reach, making the location attractive for commuters. A visit to Limbecker Platz, which is only 5 minutes away by car, is particularly popular. The University of Duisburg-Essen is also only 7 minutes away by car.

There are numerous shopping facilities, cafés and restaurants in the immediate vicinity to make daily life pleasant. Gervinuspark, the central city park in Frohnhausen, is just a few minutes' walk away. With its water playground, it offers an ideal place for outdoor leisure and recreation. The surrounding streets are lined with charming residential areas and green spaces, which contributes to a pleasant residential ambience. Educational facilities such as schools and nurseries are also available in the area, making the location particularly attractive for families. This mix of urban living and proximity to nature makes Frohnhauser Strasse an attractive location for a wide variety of lifestyles.