House for sale • 485 m² without real estateHagen Hagen Nordrhein-Westfalen 58097
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Hagen Hagen Nordrhein-Westfalen 58097Public transport 4 minutes of walkingPrice€495,000
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They are offering the opportunity to purchase a semi-detached house in the Hagen district of Altenhagen – either for personal use or as an investment. Both buildings can be used purely as residential houses and have a shared gate passage leading to the inner courtyard/garden. In the courtyard there is also a workshop of approximately 42 m² that can be used for a variety of purposes – for example, as a hobby room, party room, or additional storage area.
One of the houses offers a special feature: the ground floor is completely barrier-free and is thus also suitable for wheelchair users.
The façade, roof, and basement are all in very good condition. Interior renovations have already been carried out, and further units are currently undergoing refurbishment. In total, the property comprises seven residential units. At present three apartments are already occupied, while the remaining units are under renovation. However, rental contracts are already in place for all apartments, so full occupancy after completion of the work is guaranteed.
As part of the renovations, the apartments have been functionally modernized and prepared for rental purposes. This includes, in particular, the installation of laminate floors, wallpapering and painting with textured wallpaper, as well as, in some cases, the renewal of tiles and bathrooms. The measures are being carried out deliberately in a robust, economical standard that guarantees sustainable rental appeal without incurring excessive investment costs.
Thus, the property offers attractive development potential for investors: given the already initiated and largely secured rentals along with the ongoing renovation measures, a stable cash flow can be generated in the short term and an increase in value can be realized in the medium term.
The property is heated by a combination of individual gas heaters (boilers) and a central gas heating system in the second building.
The building is located on Schmale Straße in Hagen Altenhagen, just a few minutes from the city centre. The surrounding area is characterized by well-maintained residential buildings with multi-family homes, smaller commercial units, and various service businesses.
Due to its central location, all daily necessities are easily accessible. Supermarkets, bakeries, pharmacies, schools, and kindergartens are in the immediate vicinity. The city centre with further shopping opportunities, restaurants, and cultural attractions is also just about a five-minute drive away.
Transportation connections are excellent. Hagen’s main train station is only about 500 meters away, offering optimal connections towards Dortmund, Wuppertal, and Düsseldorf. Several bus lines operate in the immediate area, ensuring excellent accessibility even without a car. For motorists, the highways A1, A45, and A46 are reachable in just a few minutes.
Despite its proximity to the centre, the location impresses with a quiet, well-established residential environment. Green areas and small parks nearby provide space for relaxation and leisure.
Overall, Schmale Straße offers an attractive and well-connected location, ideal for residential, office, or small commercial units with an urban character and excellent infrastructure.
Rental Overview after Complete Renovation
House 8
Ground Floor Apartment – 42.50 m²
Cold Rent: €190
Additional Costs: €70
Total Rent: €260
Rent per m²: €4.47
Upper Floor – 69.48 m²
Cold Rent: €530
Additional Costs: €130
Total Rent: €660
Rent per m²: €7.63
Upper Floor – 69.48 m²
Cold Rent: €530
Additional Costs: €130
Total Rent: €660
Rent per m²: €7.63
Upper Floor – 69.48 m²
Cold Rent: €525
Additional Costs: €140
Total Rent: €665
Rent per m²: €7.56
House 10
Ground Floor – 98.06 m²
Cold Rent: €735
Additional Costs: €180
Total Rent: €915
Rent per m²: €7.49
Upper Floor – 56.31 m²
Cold Rent: €390
Additional Costs: €100
Total Rent: €490
Rent per m²: €6.93
Upper Floor including Attic – 72.83 m²
Cold Rent: €585
Additional Costs: €180
Total Rent: €765
Rent per m²: €8.03
Other Unit
Party Room (House 8) – 42.40 m²
Cold Rent: €150
Total Rent: €150
Rent per m²: €3.54
Overall Summary
Monthly Cold Rent: €3,635
Annual Cold Rent: €43,620
Total Area: approx. 520.54 m²
Average Rent: €6.98/m²
Property characteristics
| Age | Over 5050 years |
|---|---|
| Usable area | 485 m² |
| Total floors | 4 |
| Listing ID | 1002650 |
|---|---|
| Land space | 527 m² |
| Price per unit | €1,021 / m2 |
What does this listing have to offer?
| Balcony | |
| Basement |
| Wheelchair accessible | |
| MHD 4 minutes on foot |
What you will find nearby
Public transportWestfalenbad
🚶 310 m (4 mins)
Post office
🚘 2,670 m (5 mins)
ShopBergkauf
🚘 1,720 m (5 mins)
BankSparkasse Hagen
🚘 1,720 m (5 mins)
RestaurantPizzeria Pinocchio
🚶 335 m (4 mins)
PharmacyElisabeth-Apotheke
🚘 1,755 m (4 mins)
SchoolTheodor-Heuss-Gymnasium
🚶 184 m (2 mins)
KindergardenIscheland Kindergarten
🚶 479 m (6 mins)
Sports fieldSporthalle Theodor Heuss Gymnasium
🚶 194 m (2 mins)
Playground
🚶 539 m (6 mins)
How far to…:
Price€495,000
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