Charming 1926 Apartment Building with Spacious Garden

EUR €595,000 (USD $698,005) *current conversion
Velbert, Germany

Property Highlights

  • Historical building with solid structure
  • Spacious 25 m² terrace with garden access
  • Large south-west facing garden
  • Storage space in cellar or attic
  • Active permit for balcony additions
  • Garage and parking space included

Overview

This well-kept apartment building, built in 1926, is located on a plot of approx. 858 m² and combines historical charm with a solid building structure and a functional room concept. The property consists of two halves, each with three separate residential units, and has a total living space of approx. 320 m². The apartment sizes are as follows: First floor apartments: approx. 64 m² Apartments on the 1st floor: approx. 52 m² Apartments on the 2nd floor: approx. 44 m² Each residential unit is equipped with a bedroom, a bathroom, a kitchen and a living room - ideal for investors, multi-generational living or owner-occupiers with a rental option. The apartments on the first floor and 2nd floor of the left-hand side of the building are currently vacant. The first floor apartment has a spacious terrace of approx. 25 m² as well as direct access to the garden, which can be used either for private use or as a communal garden. The large garden faces south-west and offers a variety of uses - whether for children, hobby gardeners or as a green oasis of peace. The apartment on the second floor of the left-hand half of the house is let to a reliable tenant. The right-hand half of the house is fully let, with the first floor apartment being occupied with a right of residence. Each apartment has either a cellar room or the attic as storage space. A special highlight: there is an active building permit for the addition of balconies - an attractive potential for increasing living comfort or rental income. A garage and a parking space are allocated to the left-hand side of the house. In addition, up to five further garages are available for purchase - each at a price of €22,000 - a real added value for residents or tenants. The property is reliably supplied with heat via central gas heating.
Show More Show Less

Property Features

Velbert, Germany offers the following features:

Bedrooms: 6
Bathrooms: 6 Full
Living Area: 3444.45sf
Property Type: Residential
Status: Active
Reference ID: 25250006-01

What's Nearby

Local businesses near Velbert, Germany:

School: < 1 mile
Gym: < 1 mile
Public Transportation: < 1 mile
Grocery/Shopping Center: < 1 mile
Hospital: < 1 mile
Police Station: 2.6 miles

Map