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Fully Rented Apartment Building In The Heart Of Schalke

Gelsenkirchen, North Rhine Westphalia, 45881, Germany

Property ID: #6873120 // Residential
Traditional Sale
List Price:
USD $544,266.66
This amount was converted from the original amount of 499,000.00 EUR to USD at the exchange rate as of 2025-03-19 09:00:00 UTC
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  • LOCAL ECONOMY
Icon 3,842.72 ft²
Icon 0.13 acres
Icon - beds
Icon 7 baths
Title:
Fully Rented Apartment Building In The Heart Of Schalke
City:
Gelsenkirchen
State, Province or Island:
North Rhine Westphalia
Zip Code:
45881
Country:
Germany
Property Type:
Residential
Additional Property Types:
Residential
Year Built:
1901
Property Size:
3,842.72 ft²
Lot Size:
0.13 acres
Total Baths:
7
Data Source:
Properstar
MLS/Reference Number(s):
104471576
Source Property Type:
House

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Property Information

This apartment building is the ideal investment for investors who are looking for long-term income and value appreciation. With its seven residential units, the property appeals to different tenant groups and thus promotes broad diversification of the tenant portfolio. The spacious garden and the inviting terrace offer tenants not only relaxation in the countryside, but also space for social gatherings. The building, which has a complete basement, offers valuable storage space, while the central heating system with gas as an energy source ensures an efficient heat supply.
The key data of the property include an energy characteristic value of 102 kWh/(m²·a) with energy efficiency class D, three floors, six garage parking spaces and annual rental income of 29,280.00 . The well thought-out floor plans and the high-quality construction method ensure a high degree of tenant satisfaction, which is reflected in minimal vacancy times. The location in an up-and-coming district offers additional potential for future value increases. Thanks to regular maintenance, the building is in excellent condition, which minimizes costly renovations and optimizes operating costs. The excellent infrastructure and proximity to important transport links make the property even more attractive.
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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2025-03-13 18:09:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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