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Completely renovated multi-family building with individual ownership units and 3 garages, located in Düsseldorf-Derendorf.
Baumstraße 1, 40468 Düsseldorf (Derendorf) – Nordrhein-WestfalenThe property located at Baumstraße 1 is an apartment building with a total of five residential units and three individual garages. The total living area is 279.92 square meters.
The building has been extensively renovated and now meets both the technical and aesthetic standards of the present day. There are no existing rental agreements, which allows for either personal use or furnished rental.
In addition, the property was restructured during the renovation process to allow for the sale of individual units.
Are you interested in this house?
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Object Number
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OM-460761
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Vacant
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Handover from
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Immediately
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Purchase price & additional costs
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purchase price
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1.605.000 €
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Purchase additional costs
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approx. 123,245 €
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Total costs
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approx. 1,728,245 €
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Breakdown of Costs
* 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
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Estimated monthly rate: 5,949€
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Details
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Condition
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First occupancy after renovation
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Number of floors
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3
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Bathrooms (number)
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6
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Bedrooms (number)
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7
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Number of garages
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3
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Flooring
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Parquet, Tiles
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Heating
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Underfloor heating
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Year of construction
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1970
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Equipment
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Balcony, Terrace, Garden, Basement
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
The property has been thoroughly renovated to achieve a sustainable increase in value and to ensure its long-term rental potential. The following works, among others, were carried out:
- Energy-efficient facade renovation using a thermal insulation composite system (TICS).
- Insulation of the topmost floor.
- Renovation and sealing of the balconies.
- Roof refurbishment (not a complete rebuild).
- Replacement of windows and entrance doors.
- Complete renovation of all residential units.
- Installation of high-quality parquet flooring.
- Complete renewal of the electrical installations.
- Installation of new meter cabinets for each residential unit.
- Modernization of the existing oil heating system (built in 2009).
- Installation of new underfloor heating in the residential units.
- The apartments will be handed over in a move-in ready condition.
Location
The property is located in the northern part of Düsseldorf (postal code 40468) and benefits from excellent infrastructure. The location is characterized by its proximity to Düsseldorf Airport, the A44 and A52 highways, and good public transportation links. Düsseldorf is one of Germany's most economically strong cities, with a stable population, high purchasing power, and strong, sustainable demand for rental properties. In particular, there is high demand for smaller and medium-sized apartments.
Location Check
Energy
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Main energy source
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Oil
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Miscellaneous
Topic portals
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