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2 multi-family buildings in the southern part of Essen - 5 apartments - each apartment with its own entrance - balconies - terraces - 3 garages.

45289 Essen (Burgaltendorf) – Nordrhein-Westfalen
798.000 €
421 m²
Living Area
510 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

Here you will find a property consisting of two multi-family buildings.

One building houses two apartments, totaling 170 m², while the other houses three apartments, totaling 251 m².

The building with two apartments contains two units, each with 85 m². These units are designed with 2 rooms, but are currently used as 3-room apartments, and each has a balcony.

The building with three apartments contains one unit with 64 m² and 2 rooms, one unit with 96 m² and 4 rooms, and one unit with 91 m² and 2 rooms – all with balconies.

In addition, there are three garages, each with space for another car in front.

One of the apartments in the two-family building requires renovation after a long period of tenancy.

The rents have not been sufficiently increased over the years and, particularly in Burgaltendorf, have significant potential for substantial increases.

Are you interested in this offer?

Object Number
OM-480639
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
798.000 €
Purchase additional costs
approx. 61,617 €
Total costs
approx. 859,617 €
Price per m²
1,895.00 €

Breakdown of Costs

Purchase price 798.000 €
Real estate transfer tax 51,870 € (6.50%)
Notary costs 6,450 € (0.81%)
Land register entry 3,298 € (0.41%)
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: 3,027€

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 3.69%

Details

Total area
421 m²
Number of garages
3
Net rental income (target) p.a.
39000 €
Net rental income (actual) p.a.
30283 €
Number of units
5
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1985
Equipment
Balcony, Terrace, Garden, Full bath, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Public transport

Information on equipment

All apartments are generally equipped with tile flooring, although some tenants have installed laminate flooring themselves.

All apartments have their own entrance and a balcony or terrace, and some even have a private garden area.

Above the buildings, there is a large garden area that can be used by the tenants.

Location

Burgaltendorf is a district located on the Ruhr peninsula in the southeast of the city of Essen. It is characterized by the ruins of Altendorf Castle, which was built around 1180, large residential areas, and some agricultural land.

Nature and Recreation: The district borders directly on the Ruhr River and, due to its hilly surroundings, offers many forests, meadows, and hiking trails.

Residential Structure: Characterized by scattered development, including single-family homes and apartment buildings.

Infrastructure: Everyday life is easy to manage. There are supermarkets, bakeries (mainly along Alte Hauptstraße), elementary schools, and daycare centers. Connections to the city center of Essen, as well as to Bochum and Hattingen, are ensured by regional bus lines.

There is a vibrant village life with many associations and clubs.

Location Check

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

Energy

Energy efficiency class
E
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
135.00 kWh/(m²a)

Miscellaneous

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