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Investment property in the old town of Kempen: 2 apartments, fully rented for 10 years, 6.09% yield, no commission.

Rabenstr. 8, 47906 Kempen – Nordrhein-Westfalen
985.000 €
384.92 m²
Living Area
87 m²
Plot Area
Apartment building or investment property
Apartment building

Two apartments, one tenant, ten-year lease plus option. This solid building, constructed in 1984, is located in the heart of the historic old town of Kempen. It was formerly a residential and commercial building, but today it is used exclusively for residential purposes. Both units were completely renovated in 2025 and 2026. On the ground floor, the former retail space has been transformed into a completely new apartment (approximately 138 m²). The apartment on the first floor (approximately 181 m²) has been renovated and features a large rooftop terrace, as well as a newly developed attic space. The entire building is leased to a single tenant, who uses the apartments as employee housing. The figures:
Purchase price: €985,000, approximately €115,000 below the market value of €1,100,000 (valuation report dated April 24, 2026).
Annual base rent: €60,000, indexed.
Gross initial yield: 6.09% | Factor: 16.4
Price per m²: approximately €2,560 for approximately 384.86 m² of living/usable space.
Commission-free, directly from the owner: You save approximately €35,000 in buyer's commission.
According to the valuation report, no further renovations are required. You are therefore purchasing an investment property that you do not need to actively manage. All details, photos, and documents can be found on the property website: raben8.netlify.app

Are you interested in this offer?

Object Number
OM-498770
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
985.000 €
Purchase additional costs
approx. 75,920 €
Total costs
approx. 1,060,920 €
Operating costs allocated p.a.
6,000 €

Breakdown of Costs

Purchase price 985.000 €
Real estate transfer tax 64,025 € (6.50%)
Notary costs 7,878 € (0.80%)
Land register entry 4,018 € (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: 4,032€

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 4.14%

Details

Condition
Renovated
Year of last modernization
2027
Number of floors
5
Total area
384.9 m²
Net rental income (actual) p.a.
60000 €
X-times rental income
16.40
Number of units
2
Heating
Floor heating
Year of construction
1984

Information on equipment

Solid construction, both units recently renovated. Each apartment has its own gas-fired heating system (heating unit from 2016).

Ground floor, approximately 138.05 m² (new construction within an existing building):
four bedrooms of approximately equal size
large kitchen (without fitted kitchen)
two bathrooms, one newly renovated with a washing machine connection
new plastic windows, electrical wiring, and flooring
approximately 5 m² skylight for natural light in the interior areas

Upper floor with attic, approximately 180.93 m²:
four bedrooms, one in the newly renovated attic (three new skylights, new insulation)
kitchen, dining room, hallway
bathroom with bathtub, guest toilet, laundry room
new large roof terrace, directly accessible from the dining room
modified layout, with new flooring throughout

Basement, approximately 65.88 m²: storage room / cellar

Building permits are available for both changes of use (ground floor and attic), and they have been fully implemented.

Location

Located in the heart of Kempen's historic district.

Rabenstraße is situated within the protected historical area of "Kempen City Center with Ramparts": featuring narrow streets, brick facades, cobblestone pavements, and short distances to everything. Bakeries, cafes, doctors' offices, and the weekly market are all within walking distance.

Düsseldorf and Krefeld are easily accessible by car, and the A40 and A61 highways are quickly reached. Kempen is a desirable and peaceful residential area in the Lower Rhine region. Demand is stable, which speaks to the location's appeal, even beyond the duration of the lease.

Learn more about the location on the property website: raben8.netlify.app

Location Check

Shopping
100m
Eating Out
150m
Health
200m
Child Friendliness
50m
Sports
50m
Culture
250m
Nightlife
150m
Public Transport
250m
Nature
50m

Energy

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

Miscellaneous

We would be happy to send you the floor plans, the complete property valuation report, and the lease agreement. You can find all the information and contact details at raben8.netlify.app. This property is offered commission-free, directly from the owner. Contact person: Marc Müller, immobilienmacher GmbH. This offer is for informational purposes only and does not constitute a legally binding offer. All information is based on the available documents, in particular the property valuation report and the energy performance certificate dated September 22, 2026, and has been compiled to the best of our knowledge. Errors and sales to third parties are reserved. Please note: The input fields on real estate portals do not always fully represent each property. Certain data fields may be missing, differently labeled, or only allow predefined values, for example, for property type, area types, land area, lease type, or features. Therefore, the information provided in these fields may differ from the actual conditions or be simplified. The information in the property brochure, on the property website raben8.netlify.app, and in the underlying documents is the definitive source. We do not assume any liability for the accuracy or completeness of the information provided. The only legally binding document is the notarial purchase agreement. Any verbal or written statements made outside of the purchase agreement, including this advertisement and the property brochure, do not form part of the contract. We are happy to provide interested buyers with floor plans, the complete property report, and other relevant documents.

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

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Commission: No commission for buyers

Offer from: Marc Müller