Detached 3-family house plus extension – fully let with development potential.

This residential and commercial building, located in a central area of Oberhausen-Sterkrade, presents an interesting opportunity for investors, property developers, and buyers with practical skills who recognize the potential of an existing property and wish to develop it further. The property boasts a solid foundation and has been modernized in some areas, while also offering attractive possibilities for individual design and sustainable value enhancement. The main roof was replaced and insulated in 1998. As part of this, the air-conditioned attic and loft space were also developed. The front door was replaced in 2013/2014. In 2026, the facade was repainted, and the roof and windows of the extension were replaced. Another advantage is the existing district heating connection, which ensures a comfortable and future-oriented heating supply. All four units in the property are currently rented out and generate ongoing rental income. The extension is rented out furnished and offers potential for additional uses, such as furnished short-term rentals. A change of use to a hotel or accommodation business is also possible, following a preliminary building inquiry. Furthermore, targeted modernization measures offer attractive opportunities to further maximize the property's earning potential and, in the long term, realize additional potential for value and rental increases. Certain parts of the property do not meet current technical standards. The electrical system is largely from the 1980s, and particularly in the sanitary areas, there are opportunities for modernization that allow for individual design and a contemporary upgrade. Irregularities have been identified in the drainage system, particularly in the basement and the sewage system. The specific extent of any necessary measures is currently being assessed by a specialist company. Overall, the property offers a rare combination of existing full occupancy, immediate rental income, and significant potential for development and value appreciation. In particular, for capital investors, investors, and buyers with technical expertise, this presents an opportunity to modernize an existing, high-earning property step by step and further develop it according to their own preferences.

The property is located at Friedrichstraße 39 in the Sterkrade-Mitte district of Oberhausen. The location offers an excellent combination of urban infrastructure and a peaceful living environment. The center of Sterkrade, with its pedestrian zone, diverse shopping opportunities, restaurants, cafes, and numerous service providers, is just a few minutes away. Public transportation links are excellent. The Oberhausen-Sterkrade train station, as well as several bus lines, are located nearby, providing quick connections to the city center of Oberhausen and the surrounding cities of the Ruhr region. Furthermore, there is good access to the A516 and A3 highways, ensuring excellent regional connectivity. In the immediate vicinity, you will find kindergartens, schools, doctors, pharmacies, and other essential amenities. In addition, various green spaces, recreational areas, sports facilities, and leisure options create an attractive living environment for families, commuters, and seniors alike. Overall, the location of Friedrichstraße 39 offers a balanced combination of central accessibility, excellent infrastructure, and a pleasant living environment, making it an attractive residential location in the north of Oberhausen.