House for sale • 388 m² without real estateDortmund Wickede Nordrhein-Westfalen 44319

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This high-quality multi-family house with six residential units and five garages is located in the sought-after residential area of Dortmund-Wickede and offers a rare combination of a stable asset, already implemented modernizations, and further potential for rental increases.

The building was constructed in 1970 and has a total living area of 387.88 m². The apartment sizes, ranging between approximately 60 m² and 67 m², exactly match the currently highly sought-after market segment for singles, couples, and small families. The apartments predominantly feature attractive floor plans with loggias or balconies and generous basement storage rooms.

A well-maintained overall impression is evident right from the entrance thanks to the new main entrance door, new apartment entrance doors, new stairwell windows, a high-quality mailbox system, and modern LED lighting in the staircase.

Particularly noteworthy is the completely renovated apartment on the first floor to the left. Here, new flooring, new wall surfaces, and a modern bathroom were created. The apartment was then re-let at a significantly higher market rent, impressively demonstrating the building’s existing rental potential.

The attic apartment on the right is currently vacant and offers the buyer the opportunity to re-let it on market-based terms.

In addition, the ground floor apartment on the left will be available in the short term. For this apartment, a rental guarantee based on a new rental of €13.30/m² is offered.

The ground floor apartment on the right has direct access to the garden, providing particularly attractive living quality.

The well-maintained outdoor areas with garden spaces, a barbecue area, and a garage yard further accentuate the positive overall impression of the property.

Modernizations and Investments

In recent months, numerous measures have already been carried out:

• New main entrance door

• New apartment entrance doors

• New stairwell windows

• New mailbox system

• LED lighting in the staircase

• New balcony railings

• New Hörmann sectional doors on all garages

• Façade improvement

• Extensive renovation of the first-floor apartment on the left

• Maintenance and enhancement of the outdoor areas

• Central satellite system

For the buyer, this means: Many cost-intensive measures have already been implemented.

Rental Situation and Development Potential

The current rental situation offers both stable income and further potential.

Unit and Cold Rent

Ground floor left (rental guarantee): €877.80

Ground floor right: €341.55

First floor left: €890.00

First floor right: €341.55

Attic left: €500.00

Attic right (new rental): €800.79

Total apartment rents: €3,751.69 per month

Garages

• Garage 1: €120.00

• Garage 2: €100.00

• Garage 3: €100.00

• Garage 4 (rental subsidy): €100.00

• Garage 5 (rental subsidy): €100.00

Total garages: €520.00 per month

Parking Spaces

2 parking spaces at €40.00 each per month

Total parking spaces: €80.00 per month

Total Income

Monthly target rent: €4,351.69

Annual net cold rent: €52,220.28

The recently achieved new rental in the first-floor apartment clearly demonstrates the potential in the other apartments. Several long-term rental contracts are significantly below the current market level.

For investors, this offers a rare opportunity to acquire an already optimized property with further potential for rental increases.

The property is located in Dortmund-Wickede, a popular and established district in eastern Dortmund.

Shopping facilities, doctors, pharmacies, schools, and kindergartens are located in the immediate vicinity. The Wickeder Hellweg offers excellent local amenities.

Public transport connections are excellent. The light rail, bus lines, and the S-Bahn provide a quick connection to downtown Dortmund and towards Unna.

Highways A1, A44, and the B1 are also accessible within a few minutes. Dortmund Airport is also located in close proximity.

Features

• 6 residential units

• Living areas between approximately 60 m² and 67 m²

• 5 individual garages

• New Hörmann sectional doors

• New balcony railings

• New main entrance door

• New apartment entrance doors

• New stairwell windows

• New mailbox system

• LED lighting in the staircase

• uPVC windows

• Gas central heating

• Central satellite system

• Large basement compartments

• Laundry and drying room

• Bicycle storage room

• Well-maintained garden area

• Barbecue area

• Garden access from the ground floor apartment on the right

• Expansion potential for additional parking spaces

Energy Certificate

An energy consumption certificate is available.

Year of construction: 1970

Energy source: natural gas

Final energy consumption: 94.6 kWh/(m²·a)

Energy efficiency class: C

This multi-family house combines many features sought by professional capital investors:

• Already modernized

• Immediate income

• Proven potential for rental increases

• 5 garages

• Development opportunities on the property

• Attractive apartment sizes

• Sought-after residential location in Dortmund

The combination of a modernized asset, available development units, a garage complex, a rental guarantee, and additional income potential makes this property a rare investment opportunity in the Dortmund real estate market.