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Versatile home: large family or 2×3-room apartments + business & garden

42389 Wuppertal (Langerfeld) – Nordrhein-Westfalen
380.000 €
8
Room
263 m²
Living Area
406 m²
Plot Area
Private offer
House
Multi-family house

For sale is a cozy and versatile house in Wuppertal Langerfeld built in 1902 for a family or as an investment property.

After modernization in 2007, the house with two residential units was redesigned and lived in by the owners with growing children for their own residential purposes. A separate living area was created on the third floor for the growing children. Here there are 3 children's bedrooms, a bathroom and a living room, which can be ideally used as a retreat for the children to live independently. The apartment on the 3rd floor does not have a kitchen. The connections are available. The 3-room apartment on the 2nd floor was occupied by the parents. The shared kitchen is also located in this residential unit. All living spaces on the 2nd and 3rd floors have been modernized. It is possible to convert the residential unit on the 3rd floor back into a complete 3-room apartment + kitchen + bathroom. The residential units are currently let long-term to a family with young adults/children. The two residential units each have double-glazed windows and modern bathrooms from 2007 with windows, a corner bathtub and a washing machine connection.

In the course of the modernization, the commercial unit on the first floor was extended by a further area on the second floor. A modern staircase was installed to connect the two floors. All rooms in the commercial unit have been modernized. The commercial unit has its own entrance and is let on a long-term lease to an insurance agency. However, it can easily be connected to the apartment on the 1st floor and converted into an apartment to generate additional rental income.

On the second floor there is another unrenovated apartment with a bathroom and connections for the kitchen, which can be used as an additional room for the large family after modernization or rented out separately as a student apartment.the house has a full basement. The cellar houses the gas heating system from 2007 and also offers plenty of additional storage space.
The staircase is in the condition of the 60s.
The 400 m2 sunny garden with lawn and trees can be reached from the staircase on the first floor and from the cellar. The garden has a gate to the inner courtyard of a workshop. There is a right of passage for the homeowners - i.e. an opportunity to build a parking space or garage in the garden.
The garden cannot be seen by the neighbors from either side.
The attic is not developed and offers further storage space.

With a total living space of approx. 260 m2, the house offers further design possibilities. The monthly net cold rents currently amount to
1302 euros + service charge. There is further potential for rent adjustment, which would increase the monthly rental income to EUR 1680 + service charges.

First floor and
1st floor: commercial unit with separate entrance 92 m2

1st floor: Apartment 33 m2 (not modernized, vacant)

2nd floor: 3-room apartment with kitchen and bathroom with window 70 m2

3rd floor: 3 rooms and a walk-through room with bathroom 70 m2

Are you interested in this house?

Object Number
OM-421314
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
380.000 €
Purchase additional costs
approx. 30,071 €
Total costs
approx. 410,070 €

Breakdown of Costs

Purchase price 380.000 €
Real estate transfer tax 24,700 € (6.50%)
Notary costs 3,558 € (0.94%)
Land register entry 1,813 € (0.48%)
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: 1,411€

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 3.57%

Details

Condition
In need of renovation
Number of floors
4
Usable area
24 m²
Bathrooms (number)
3
Bedrooms (number)
5
Flooring
Vinyl / PVC
Heating
Central heating
Equipment
Garden, Basement, Full bath, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

2007 Installation of a new heating system
Renewal of electrical installations, water pipes and heating systems
Renovation of the apartments and bathrooms
Installation of new, double-glazed windows in the apartments. Modern plastic flooring.

Location

The house is located in Wuppertal-Langenfeld not far from Langerfelder Markt and offers good public transport connections. The bus stop is 100m from the front door. Stores for daily needs, savings bank, post office, pharmacy, schools, kindergartens are within walking distance.

Location Check

Nature
Eating Out
Sports
Public Transport
Shopping
Health
Child Friendliness
Culture
Nightlife

Energy

Main energy source
Gas

Miscellaneous

The house is being sold free of commission and directly from the owner.
If you are interested, please send us an inquiry to arrange a viewing appointment. We ask you to provide proof of capital.

Send a message directly to the seller

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Wolfram Götz