This profitable two-family house finances itself.

This apartment building, constructed in 1924, combines the charm of a classic older building with the advantages of a comprehensively modernized residential property. With a total living area of approximately 258 square meters, the building comprises three self-contained units, making it an attractive investment for both capital investors and those looking for long-term appreciation. In recent years, the building has been continuously modernized and brought up to a contemporary technical standard. The renovation work that was recently started is in its final stages, meaning the property is now almost completely ready for occupancy and rental. The living areas are spread across three floors. The ground floor apartment has approximately 118 square meters of living space and offers generous room proportions. On the upper floor, there is a unit of approximately 60 square meters, which has been extensively upgraded as part of the recent modernization efforts. This includes the installation of a modern bathroom and new plastic windows. The attic comprises a further approximately 80 square meters of living space and complements the residential offering. Additional space and potential uses are provided by an extension built in 2010. The property is also in very good technical condition. The entire electrical system has been renewed and meets current standards. Numerous functions can be controlled via modern smart-home technology. In addition, electric blinds have been installed. A modern heating system from 2021 ensures efficient heating. Furthermore, all floors are equipped with air conditioning systems, which provide a comfortable living environment throughout the year. From an economic perspective, the property offers attractive investment opportunities and further potential for development. Currently, the apartments on the ground floor and in the attic are rented out and generate ongoing rental income. The completely renovated apartment on the upper floor is currently vacant and can be re-let quickly. The current annual net cold rent is approximately €38,928. After re-letting the vacant unit, a realistic target annual net cold rent of approximately €46,128 can be achieved. This property offers the opportunity to increase rental income quickly and realize its existing earning potential in the near future. The condition of the individual apartments also reflects the continuous maintenance of the property. The apartment in the attic is already largely renovated. In the ground floor, only minor finishing touches remain, primarily of a cosmetic nature. Overall, the building has been consistently maintained and modernized, so there is no significant backlog of maintenance work. In summary, this is a well-maintained and technically modernized investment property with a clear apartment structure, attractive rental opportunities, and sustainable potential for appreciation. The combination of ongoing rental income, quickly achievable increases in earnings, and a solid building structure makes this property an attractive investment opportunity.

Those seeking a peaceful living environment with good amenities and convenient transportation will find ideal conditions in Dortmund-Husen. This historic district in the northeast of Dortmund offers a pleasant mix of neighborhood atmosphere, plenty of green space, and the benefits of city living. All essential amenities are located nearby. Shops, bakeries, pharmacies, and various doctor's offices are easily accessible, ensuring short commutes for daily needs. Families also benefit from the diverse offerings available locally. Kindergartens, daycare centers, and schools are located within the district or in the immediate vicinity. Numerous playgrounds and green spaces provide attractive recreational opportunities for children and relaxation areas for the whole family. Nature lovers appreciate the many open spaces and nearby recreational areas in and around Husen. Whether taking walks, cycling, or simply relaxing in the greenery, the area offers a variety of opportunities for active leisure activities. Thanks to the Dortmund-Husen train station and several bus routes, excellent connections are available to Dortmund city center and neighboring districts. At the same time, the nearby highways provide quick access to important destinations throughout the entire Rhine-Ruhr metropolitan region. Thus, Dortmund-Husen combines the advantages of a relaxed residential area with a well-developed infrastructure and excellent accessibility – an attractive combination for families, working professionals, seniors, and anyone who values a pleasant living environment.