Property Highlights

Central location between Alter Markt and Oberbarmen
Passenger elevator for barrier-free access
Roof renovated with thermal insulation in 2024
Gas heating and insulated windows throughout
Modernized apartments with updated bathrooms
Balconies in all residential units

Overview

The location couldn't be better! This attractive residential and commercial building is located in a very popular and good central residential area of Barmen, between Alter Markt and Oberbarmen. Consisting of eight apartments and two commercial units, this secure investment also has great potential. With the best building fabric and fittings in a location in which there are few alternative offers. The excellent condition and the quiet tenants should be emphasized, which is due to the owner-managed property. A passenger elevator guarantees barrier-free access to all apartments. The building has been continuously maintained and even extensively modernized so that it is in top condition today! The roof was completely renovated around 2007 and fitted with thermal insulation in 2024. All units are equipped with gas heating and insulated windows. The basement is dry and the stairwell is very well maintained. Several residential units have been extensively modernized in recent years when tenants changed and have a good standard of furnishings. These include new brightly tiled and modern bathrooms, soundproofed windows facing the street, laminate and tiled floors. The apartments are approx. 67 m² in size and each have three rooms and a balcony to the front of the building. The two commercial units are approx. 57 m² and 67 m² in size and have been let for many years. The total area for rent is 660 m². Due to the excellent and central location, the apartments are in high demand and are also let quickly. This means that there are no vacancies. The tenant structure is very homogeneous and pleasant and there is a good, neighborly atmosphere. The current rent level has been deliberately kept moderate and thus offers further potential for apartments of this quality and in this residential location close to the city center. The current rental income from eight rented apartments and two commercial units amounts to € 58,476.00 net-cold p.a. We will be happy to send you further documents and a current rental statement on request.

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