$5,385,301

Listing currency: €4,590,000

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Wuppertal, Germany 42279

Solid investment with stable income and development potential An attractive and well-maintained real estate investment package is for sale, consisting of two apartment buildings with a total of 40 residential units, eight commercial units, 20 garages and 14 parking spaces. The property was built in 1966 and is located on a spacious plot with a total area of approx. 3,763 m². The usable area is around 3,527 m², of which approx. 2,274 m² is residential space and approx. 1,253 m² is commercial space. House 1 comprises a total of 21 residential units and 5 commercial units, which are let to a care service, a grocery store and office and storage space, among others. The living space is approx. 1,053 m², the commercial space approx. 831 m². The annual net cold rent for this building is currently around € 136,531.68. The flat roof was completely re-roofed in 2017. Only recently, in 2024, a new oil heating system was installed - with a large tank capacity of 32,000 liters, which ensures a high level of supply security. The stairwell was painted around 2022 and there is also an elevator system, which improves accessibility within the building. Building 2 consists of 19 residential units and 3 commercial units, including a restaurant as well as office and storage space. The living space amounts to approx. 1,221 m², the commercial space to around 422 m². The current net annual rent is approx. € 109,187.28. This building has also been extensively maintained in recent years: The flat roof was renewed in 2017, including the substructure, and the stairwell was painted around 2018. The existing oil heating system dates back to 1996 and has a tank capacity of 17,000 liters. Like House 1, this building is also equipped with an elevator system. Overall data at a glance: Total living space: approx. 2,274 m² Total commercial space: approx. 1,253 m² Total usable space: approx. 3,527 m² Total net annual rent: approx. € 245,718.96 20 garages and 14 parking spaces Very well-kept overall condition, the majority of the residential units have been completely renovated in recent years Divided into condominiums and part ownership Conclusion: A high-yield and broadly diversified real estate package with a balanced residential/commercial mix, solid building fabric and well-maintained condition. Ideal for institutional investors or portfolio holders with a strategic focus on sustainable income and value growth. Please contact us for further information or to arrange a personal viewing appointment.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 40
  • Partial Bathrooms: 0
  • Property Type: Manufactured In Park
  • Year Built: 1966
  • Built in 1966
  • Home size: 24,477 ft2 / 2,273.97 m2
  • MLS: 25063026
  • Status: Active

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 202 - 24 29 72 2 (Office Phone)

Contact VON POLL IMMOBILIEN Wuppertal

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