House for sale • 201 m² without real estateOberhausen Sterkrade Nordrhein-Westfalen 46047

This residential and commercial building, centrally located in Oberhausen-Sterkrade, offers an interesting opportunity for capital investors, investors, and buyers with DIY skills who recognize the potential of an existing property and wish to further develop it purposefully.

The property features a solid basic structure, has already been modernized in certain areas, and at the same time offers attractive possibilities for individual design and sustainable value enhancement.

In 1998, the main roof was re-covered and insulated. In connection with this, the expansion of the air-conditioned attic and garret was carried out. The front door was renewed in 2013/2014. In 2026, the facade was freshly painted and the roof and windows of the extension were renewed. Another advantage is the existing district heating connection, which ensures a comfortable and future-oriented heating supply.

All four units of the property are currently rented and generate ongoing rental income. The extension is rented furnished and offers potential for additional uses, for example in the area of furnished short-term rentals. A change of use to a hotel or lodging operation is also possible following a building feasibility inquiry.

Through targeted modernization measures, there are also attractive prospects to further exploit the income potential of the property and realize additional long-term value and rent increase potentials.

The property partly does not meet today’s technical standards. The electrical systems mostly date from the 1980s, and especially in the sanitary areas there are modernization opportunities that allow room for individual design and contemporary enhancement. In the area of drainage, some issues were identified, particularly in the basement and in the sewage system. The exact scope of any necessary measures is currently being evaluated by a specialist company.

Overall, the property offers a rare combination of full occupancy, immediate rental income, and significant development and value enhancement potential. In particular, capital investors, investors, and buyers with technical expertise have the opportunity here to gradually modernize an income-rich existing property and further develop it according to their own ideas.

The property is located at Friedrichstraße 39 in the Oberhausen district of Sterkrade-Mitte. The location is characterized by an excellent combination of urban infrastructure and a quiet residential environment.

The center of Sterkrade with its pedestrian zone, diverse shopping opportunities, restaurants, cafés, and numerous service providers is reachable within a few minutes.

The connection to public transport is excellent. The Oberhausen-Sterkrade train station as well as several bus lines are in close proximity, enabling a fast connection to the Oberhausen city center as well as to the surrounding cities of the Ruhr area. In addition, there is good access to the motorways A516 and A3, ensuring regional accessibility.

In the immediate vicinity there are kindergartens, schools, doctors, pharmacies, and other daily needs facilities. Moreover, various green and recreational areas as well as sports and leisure facilities provide an attractive living environment for families, commuters, and seniors alike.

Overall, the location of Friedrichstraße 39 offers a balanced mix of central accessibility, good infrastructure, and pleasant residential quality, making it an attractive residential location in the northern part of Oberhausen.

The ground floor unit features its own terrace, and the first floor unit has its own balcony. The lockable, private interior courtyard is available for communal use. Both the attic apartment and the apartment come with a fitted kitchen.

A parking space can be rented separately for €20 per month.

The actually usable plot is approximately 36 m² larger, as the extension is built over the adjacent plot. There is an amicable, free-of-charge tolerance of use.

Particularly interesting for investors:

An existing report on the shortened remaining useful life of the property indicates a remaining useful life of 12 years. This can result in an increased tax depreciation (AfA) of around 8.3% per year, which may make the property particularly attractive from a tax perspective for capital investors.