Essen, Essen-South: Investment property with no rental restrictions, consisting of 2 apartments, located near the university and city center.

Note:
- Please, no inquiries from real estate agents.
- Please review the property details, which contain more information.
- If you are interested, please send a proof of funding or other evidence of financial capacity. We will then be happy to send you all other relevant documents in redacted form as a Dropbox link. Key information at a glance (more details in the property details):
This is a package of 2 rented apartments in a building:
Apartment 1, Name: WE176:
- Duplex apartment
- Return on investment (based on the yield value method): 5.9% per year, resulting in a factor of 16.9
- Cold rent: €404 per month = €13.29/sqm
- Warm rent: €578 per month
- Non-adjustable costs: €57.00 per month
- Operating costs: €174 per month
- Building service charges: €231 per month
- Net income: €347 per month, €4,164 per year
- An annual rent increase of +€12 per month has been agreed.
- Commission-free. Apartment 2, Name: WE53:
- Apartment
- Return on investment based on the yield value method: 5.9% per year, resulting in a factor of 16.9.
- Cold rent: €316 per month = €13.46 per square meter.
- Warm rent: €423.24 per month.
- Non-adjustable costs: €59.76 per month.
- Operating costs: €107.24 per month.
- Building maintenance fees: €167 per month.
- Net income: €256.24 per month, €3,074.88 per year.
- An annual rent increase of +€12 per month has been agreed.
- No commission.

The apartments are located in a highly desirable area, close to the University of Duisburg-Essen and the city center of Essen.

The university is just a short walk away, making the apartments particularly attractive to students, apprentices, and young professionals. This target group ensures consistently high rental demand and minimizes the risk of vacancies.

The surrounding area has excellent infrastructure: shops for daily necessities, restaurants, cafes, and public transportation are all within walking distance. The connection to the city center of Essen and the public transportation network is very good.