House for sale • 1235 m² without real estate, North Rhine-Westphalia

A rare investment with an extraordinary condition, a well-thought-out infrastructure, a solid rental structure, and significant future potential – ideal for investors who value quality, security, and sustainable returns without a backlog in maintenance or renovations (Capex).

This imposing multi-family house stands out from the market in every respect. The outstanding structural and technical condition is absolutely atypical for a property of this size and is unparalleled. Here, long-term value preservation meets a quality usually found only in considerably smaller or newer properties – a real gem for discerning capital investors.

The property comprises a total of 16 residential units distributed over three floors and two separate building sections, each with its own entrance. The corner location not only creates an architecturally attractive structure but also a clear functional separation of the units. Entrance No. 121 faces the prominent intersection at Übacher Weg / Elisabethstraße, while entrance No. 123 runs along Übacher Weg – a location that combines both high visibility and excellent accessibility. The total living area amounts to 1,235.02 m². The exact composition can be found in the floor area and rental breakdown in the property documents.

Apartment sizes by number of rooms: (total 36):

4 x 2-room units

10 x 3-room units

2 x 4-room units

The income situation is as follows:

Base rent from apartments = €10,522.08 per month

Base rent from parking spaces = €525.00 per month

Additional income from photovoltaic system = approx. €750.00 per annum

Total = €11,047.08 + €62.50 per month from the photovoltaic system (amounting to €132,564.96 + €750.00 per annum)

A highlight of the property that provides high living comfort for all tenants and a clear benefit for investors is that every unit has an outdoor area: whether it be a loggia, balcony, or ground-level terrace. Another highlight is the two maisonette apartments. These not only impress with their individual floor plans but especially with their spacious loggias, which significantly enhance the living value and are highly sought after by tenants.

The building is equipped with a photovoltaic system that is exclusively assigned to maisonette apartment No. 16 and directly supplies it with electricity – an additional advantage from both an energy and rental perspective. This photovoltaic system generates additional income of approximately €750 per year.

In the spaciously designed inner courtyard, tenants have access to a total of twelve car parking spaces, two of which are covered by carports. The rear portion of the property offers a separate, functionally designed inner courtyard area. Here, there are bicycle parking facilities, some open, some covered and illuminated. This area is further complemented by a separate, covered area for garbage bins as well as an additional covered outdoor space used for extra storage. Adjacent to this is an indoor storage room equipped with spare parts for the property and caretaker equipment.

Particularly noteworthy is the segregated area in the rear courtyard, where two original ISO shipping containers are located. These are used as a workshop and storage for the caretaker and are heated, insulated, and equipped with electricity and lighting. A solution that perfectly combines functionality, order, and efficiency – something exceptionally rare in existing properties.

The rental structure is also extremely attractive for capital investors:

Of the 16 existing tenancies, 9 units have step rent contracts with an annual increase of 2%, ensuring secured value.

The multi-family house is situated in a sought-after residential area of Alsdorf, at Übacher Weg 121–123. Long-term further value development can be expected! The surroundings are characterized by a quiet, established residential area with predominantly multi-family and well-maintained detached houses. The residential neighborhood has been very popular with tenants of various age groups for years, ensuring sustainably stable tenancy.

The infrastructure is excellently developed: shopping opportunities for daily needs, supermarkets, bakeries, pharmacies, and doctors are within short distance and easily accessible. Schools, kindergartens, and other social facilities are also in the vicinity, enhancing the high quality of living in the area.

Transportation connections are very good. Quick links to Aachen, Eschweiler, Herzogenrath, and the Netherlands are available via the nearby federal roads and the highways A44 and A4. Public transport is well developed; bus connections provide convenient access to the Alsdorf city center as well as surrounding towns and municipalities.

As a regional advantage, Alsdorf offers an attractive mix of urban proximity and high recreational value. Green spaces, walking and cycling paths, as well as local recreational areas surround the area and invite a variety of leisure activities. In addition, residents benefit from the proximity to the Aachen region, an economically strong area with university, research, and job locations.

Overall, the location impresses with its peaceful residential atmosphere, excellent infrastructure, strong regional connectivity, and long-term attractive tenancy – ideal conditions for a valuable capital investment.

The building was constructed using reinforced concrete construction and, even in its construction year of 1998, was characterized by an above-average, solid, and value-retaining building substance. This high basic quality forms the foundation for the current condition of the property, which now – particularly due to comprehensive modernization – compares to a modern new-build standard.

In 2015, the property was almost completely modernized. The modernization measures covered all essential trades and resulted in a technically and visually high-quality overall impression. The only parts not modernized were the heating system, the sanitary piping, and the electrical cable ducts, which still date from the year of construction and remain fully functional.

The central heating is provided by a proven and extremely robust gas-fired boiler from De Dietrich. The model DTG 90 N-NETZ is used, a durable and reliable unit with a nominal heating output of 90 kW, operating on natural gas (H-gas). The system dates back to 07/1998, is certified under CE-0085, and is considered solid technology with high operational safety – an important factor for predictable operating costs. The individual apartments are heated via radiators.

The technical equipment is complemented by a photovoltaic system with a three-phase PV string inverter from the renowned manufacturer Fronius, from the “Fronius Symo” series. The system is grid-connected and underlines the property's sustainable and forward-looking character.

Special attention has been paid to safety, particularly fire protection: both stairwells are equipped with a modern smoke and heat extraction system (RWA) installed on the ceiling that meets current fire protection requirements.

The property is fully developed with all necessary utilities and has no legacy or building encumbrances. The underground utilities are managed through a single-pipe system that is clear and low-maintenance.

Overall, the property's features present an exceptionally high quality, technically well thought-out, and sustainably value-retaining combination – a combination that is rarely seen in multi-family houses of this scale and quality.