ohne-makler
Print exposé
This listing has been automatically translated.

Top-renovated shared apartment with an open-plan living and kitchen area.

42119 Wuppertal (Elberfeld) – Nordrhein-Westfalen
159.000 €
3
Room
66 m²
Living Area
Private offer
Apartment

Attractive investment property with a proven shared accommodation concept.

This bright and completely renovated apartment in a historic building, located on the 3rd floor, offers approximately 65 square meters of living space and combines attractive rental income, a central location, and long-term development potential. The apartment is located on Malzstraße in the popular Elberfeld district of Wuppertal – just a few minutes' walk from the main train station and in close proximity to the Bergische University. Currently, the apartment is successfully rented as a shared accommodation, offering an established and flexible rental concept.

Apartment – completely renovated and flooded with light.

The apartment on the 3rd floor was extensively renovated at the end of 2024 and is in a modern, well-maintained condition. Thanks to its east-west orientation, the rooms benefit from plenty of natural light throughout the day. The apartment features two large, bright rooms, each approximately 15-18 square meters in size, and finished with high-quality laminate flooring. The spacious bathroom has a window and modern wall and floor tiles. A special highlight is the modern, open-plan kitchen with a view of the green communal garden. The fitted kitchen, which was renovated at the end of 2024 and includes a dishwasher, is of high quality and is already fully integrated into the apartment. In addition, there is undeveloped space in the attic, which offers further long-term potential. At a Glance – Property & Key Figures:
• Orientation: East-West
• Last major renovation of the building: Roof renovation in 2018
• Annual total rental income: €8,616
• Current reserves of the homeowners' association: approximately €59,600

The combination of an active homeowners' association, a reserve base that is above average, and technical improvements that have already been implemented creates a solid foundation for the long-term preservation of the property's value. Watch the video tour! Simply scan the QR code.

Are you interested in this apartment?

Object Number
OM-488102
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
Immediately

Purchase price & additional costs

purchase price
159.000 €
Purchase additional costs
approx. 12,983 €
Total costs
approx. 171,982 €
HOA fee
236 €

Breakdown of Costs

Purchase price 159.000 €
Real estate transfer tax 10,335 € (6.50%)
Notary costs 1,749 € (1.10%)
Land register entry 899 € (0.57%)
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: 654€

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 4.17%

Details

Condition
Rehabilitated
Number of floors
3
Level
3rd floor
Usable area
66 m²
Bathrooms (number)
1
Bedrooms (number)
2
Flooring
Laminate, Tiles
Heating
Floor heating
Year of construction
1960
Equipment
Garden, Basement, Full bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, High school, Public transport

Information on equipment

Conclusion:
This property offers investors an interesting combination of a central location near the university, a fully renovated condition, an established student rental history, and long-term development potential.

The well-maintained building, the solid reserve fund, the recent roof renovations, and the professional management all contribute to reducing ongoing administrative burdens. At the same time, the property offers attractive prospects through its current rental income and the potential for future rent adjustments.

This is an interesting investment opportunity for investors who value a well-rentable property in a central location in Wuppertal and a straightforward rental concept.

Location

Prime location between the university, main train station, and city center.
Malzstraße 23 is centrally located yet pleasantly quiet in the Elberfeld district of Wuppertal.

The Wuppertal main train station is just a few minutes' walk away. The Bergische Universität Wuppertal is also very close by and can be reached on foot in approximately 10-15 minutes. This location is therefore particularly suitable for renting to students and working professionals.
The city center, with its pedestrian zone, shops, cafes, and restaurants, is also easily accessible on foot. Cultural attractions such as the Von der Heydt Museum and other facilities in the city center complement the urban environment.

Thanks to the nearby bus stops and the Wuppertal suspended railway, public transportation is also excellent. Furthermore, the A46 and A1 motorways provide a quick connection to the surrounding cities and the regional transport network.
Despite its central location, Malzstraße offers a pleasant living environment away from the main traffic routes. Green spaces and recreational areas in the vicinity create an attractive contrast to the urban environment.

Location Check

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

Energy

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

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

Send a message directly to the seller

Questions about this apartment? Show interest or arrange a viewing appointment?

Click here to send a message to the provider: