House for sale • 593 m² without real estateKrippstr 39 Düsseldorf Eller Nordrhein-Westfalen 40229

For sale is a well-maintained residential and commercial building with a leasable area of approximately 593 m² in the highly sought-after location of Düsseldorf-Eller. The property offers investors a rare combination of ongoing rental income and short-term versatile usage potential.

The building comprises 8 residential units as well as one commercial unit. The commercial unit is currently vacant and offers the future owner a variety of usage possibilities, including conversion into residential space. For a conversion to residential use, funding of up to €30,000 is available from the city of Düsseldorf. Should the commercial unit continue to be used commercially, there is already interest from a tenant at the rental level indicated in the pro forma rent overview.

In addition, three apartments are vacant, which have been fully and high-quality modernized. The apartments feature modern fitted kitchens, new laminate floors, and partly new Schüco plastic windows with triple insulating glazing, and they can be immediately rented out at market conditions.

Another special advantage for investors is the already available certificate of final separation (Abgeschlossenheitsbescheinigung). This means that the legal prerequisites for a later division into individual condominium units have already been met, providing the buyer with additional exit strategies as well as long-term appreciation potential.

Property Details

• Purchase Price: €1,499,000

• Residential and commercial building

• Year Built: 1908

• Plot Size: approximately 334 m²

• Leasable Area: approximately 593 m²

• 8 Residential Units

• 1 Commercial Unit

• Pro Forma Annual Net Cold Rent: approximately €84k

• Factor: approximately 17.8

• No buyer commission – direct sale from the owner

Modernizations

• Three apartments fully and high-quality modernized

• Modern fitted kitchens in all modernized apartments

• Facade refurbished and repainted

• Staircase renovated, new vinyl flooring installed, and repainted

• Partly new Schüco plastic windows with triple insulating glazing

• Gas central heating (installed in 2017)

Energy Certificate

• Energy Certificate Type: Consumption Certificate

• Final Energy Consumption: 107.0 kWh/(m²·a)

• Energy Efficiency Class: D

• Energy Source: Natural gas

• Heating Installation Year: 2017

Highlights for Investors

• Three immediately rentable, high-quality modernized apartments with new fitted kitchens

• Vacant commercial unit with versatile usage potential

• Funding opportunities from the city of Düsseldorf of up to €30,000 for conversion to residential use

• An interested tenant for the commercial unit is already present

• Attractive factor of approximately 17.8

• Available certificate of final separation

• Extensive modernizations

• Excellent rentability due to the sought-after location in Düsseldorf-Eller

• Commission-free purchase directly from the owner

Krippstraße is located in the popular Düsseldorf district of Eller. The location impresses with excellent infrastructure, offering short distances to shopping, public transportation, schools, and quick access to both the Düsseldorf city center and the highways A46 and A59. The consistently high demand for residential space makes this location particularly attractive for long-term-oriented investors.

This is a rare opportunity to acquire a high-yield residential and commercial building with significant development potential, commission-free and directly from the owner. The combination of modernized vacancies, approved conversion potential, and attractive pro forma rents provides excellent conditions for sustainable value and income growth. Please feel free to schedule a viewing appointment or request the detailed exposé.