$579,394

Listing currency: €495,000

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Solingen, Germany 42653

For sale is a well-kept apartment building with a full basement and a total of four rented residential units, a garage and a separately rented commercial unit. The house was originally built in 1932 and extended in 1952 with a flat roof extension, creating additional living space for the first floor apartment. The inner courtyard is accessible via the extension, which is available for the sole use of the first floor apartment and offers an attractive and sunny terrace area with its partially covered area. Extensive modernization work has been carried out since 1983. Among other things, balconies were added in 2003, which significantly increased the residential value of the upper units. All four residential units are in good condition and are reliably let. The first floor apartment has approx. 87 m² of living space, three rooms, an eat-in kitchen, a daylight bathroom with bathtub and a terrace in the sheltered inner courtyard for exclusive use. A garage offers space for a vehicle as well as additional storage space. The apartments on the first and second floors each offer around 65 m² of living space. They offer two well-proportioned rooms, a spacious eat-in kitchen with access to the balcony and a daylight bathroom with both a bathtub and a shower. The top floor apartment has a similar layout and also has a small storage room and its own balcony. It also offers around 65 m² of living space. All units have a lockable area in the basement for their own use as well as a shared laundry room. The insulated attic can also be used as a drying loft. The commercial unit located in the inner courtyard, built around 1935, has been rented for many years to a quiet production company, which uses the approximately 94 m² of heatable space and the adjoining covered open area of around 60 m². Access is completely separate from the residential building, which ensures a clear separation between residential and commercial use. The production area consists of a large room with an adjoining separate WC. The roofed outdoor area is used as a storage area with the shelving that is also rented out. This property offers an excellent basis for investors thanks to its solid construction, the extensive modernization measures that have already been carried out and the predominantly long-term tenancies. The current annual net rent is € 29,850. Contact us for further information or to arrange a viewing. We look forward to presenting this property to you in person.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1934
  • Built in 1934
  • Home size: 3,013 ft2 / 279.91 m2
  • MLS: 25320008
  • Status: Active

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 212 - 23 36 23 00 (Office Phone)

Contact VON POLL IMMOBILIEN Solingen

Contact Agent


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