House for sale • 524 m² without real estateBottrop Bottrop Nordrhein-Westfalen 46240

For sale is a fully let multi-family house in Bottrop-Eigen, built in 1998, directly from an architect. The property is specifically aimed at capital investors who wish to take advantage of the benefits of subsidized financing combined with long-term stable income.

This property is particularly designed for capital investors who want not only a fully let existing property but especially to benefit from an exceptionally favorable financing structure. Thanks to the existing public subsidized loan with only 0.05% interest (plus a 0.5% administrative fee and 1% amortization), financing is achieved well below market level while ensuring stable and predictable rental income.

The combination of full occupancy, high demand for affordable housing, and long-term low tenant turnover provides a solid income base. Additionally, after the expiration of the rent control, further development potential arises.

There is no occupancy right held by the City of Bottrop, meaning the owner can flexibly select tenants within the provided guidelines.

The three-story detached building comprises a total of 9 residential units as well as 9 parking spaces, of which currently 3 are vacant, thus offering additional development potential. The apartments are divided as follows:

• 6 apartments with 3.5 rooms

• 3 apartments with 2.5 rooms

• 9 parking spaces

The ground floor apartments feature private garden areas, while the upper floor apartments offer balconies. Large windows in the living areas create bright, welcoming rooms. The property is fully basemented with separate storage rooms for each unit, as well as a communal laundry, drying, and bicycle cellar.

For capital investors, this represents a combination of stable, predictable income during the binding phase and additional development potential after its expiration.

– COMMISSION-FREE –

Rippelbeckstraße is located in a sought-after and quiet residential area of Bottrop-Eigen. The neighborhood is characterized by numerous single-family and two-family houses as well as well-maintained multi-family houses, creating a calm and homely environment.

In the heart of Bottrop-Eigen lies the Eigen Market, which serves as a central meeting point and landmark for the neighborhood and is located not far from the property. The property is optimally connected to public transport and enables fast access to all important destinations in Bottrop and its surroundings. Shopping options such as an ALDI store are only a minute’s walk away, and other supermarkets, bakeries, pharmacies, and cafés are also within walking distance.

The area impresses with a high quality of life: schools, kindergartens, and green areas are easily accessible. The peaceful, well-kept surroundings and the central location ensure stable rentability, making the location particularly attractive for families and long-term tenants alike.

The detached multi-family house, built in 1998 using solid construction techniques, boasts a timeless, functional architecture. The building is in a well-maintained overall condition and offers a solid foundation for stable rental income.

Overview of features:

• Modern entrance with a contrasting aluminum-glass structure

• Floor-to-ceiling window systems to balconies and terraces, offering bright living spaces

• Exterior facade with a thermal insulation composite system (WDVS) and clinker elements

• Grey-tiled staircase with a timeless design and reinforced concrete staircase

• Bathrooms finished in white tiles, well maintained and functionally equipped

• Flooring in the apartments predominantly consisting of laminate and tiles

• Gable roof without sloping ceilings on the upper floors

• Fully basemented with separate tenant cellars, as well as a laundry, drying, and bicycle cellar

• Nine parking spaces for tenants located directly at the property

• Ground floor apartments with garden areas; upper floor apartments with balconies

• Fenced plot with a landscaped, well-maintained front garden

The property combines high-quality construction, well-maintained apartments, and modern updates, offering investors an attractive capital investment with stable returns and further development potential.