Flat for sale 3+1 • 66 m² without real estateWuppertal Elberfeld Nordrhein-Westfalen 42119

Attractive Income-Generating Property with a Proven Shared Housing Concept

This bright and fully renovated period apartment on the 3rd floor offers an attractive combination of secure renting, a central location, and long‑term development potential across approximately 65 m² of living space.

The apartment is located on Malzstraße in the popular Wuppertal district of Elberfeld – just a few minutes’ walk from the main train station and in the immediate vicinity of Bergische Universität. It is currently successfully rented out as a shared apartment, offering an established and flexibly controllable rental concept.

Apartment – Completely Renovated and Bathed in Natural Light

The apartment on the 3rd floor was comprehensively renovated at the end of 2024 and is now in a modern, well-maintained condition.

Thanks to its east-west orientation, the rooms benefit from plenty of natural light throughout the day. The apartment features two large, bright rooms of approximately 15–18 m² each, fitted with high-quality laminate flooring.

The spacious bathroom features a window as well as modern wall and floor tiles.

A particular highlight is the modern open-plan kitchen with a view of the green communal garden. The fitted kitchen, which was renewed at the end of 2024 and includes a dishwasher, is of high quality and fully integrated into the apartment.

In addition, there is potential for further development in the attic, which offers additional long-term potential.

At a Glance – Property & Key Figures

• Orientation: East-West

• Most recent major building renovation: Roof refurbishment in 2018

• Annual total rental income: €8,616

• Current communal reserves: approx. €59,600

The combination of a dedicated property owners’ community, an above-average level of reserves, and already completed technical improvements provides a solid foundation for the long-term preservation of the property’s value.

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Central Location Between the University, Main Train Station, and City Center

Malzstraße 23 is located centrally yet pleasantly quiet in the Wuppertal district of Elberfeld.

The Wuppertal main train station can be reached in just a few minutes’ walk. The Bergische Universität Wuppertal is also in the immediate vicinity and is approximately a 10–15 minute walk away. This location is particularly suitable for renting to students and professionals.

The city center—with its pedestrian zone, shopping opportunities, cafés, and restaurants—is also easily accessible on foot. Cultural attractions such as the Von der Heydt Museum and other center facilities complement the urban environment.

Thanks to the nearby bus stops and the Wuppertal Suspension Railway, public transportation is excellently connected. In addition, the A46 and A1 motorways provide quick access to the surrounding cities and the regional transport network.

Despite its central location, Malzstraße offers a pleasant residential atmosphere away from major traffic arteries. Green spaces and nearby recreational areas create an attractive counterbalance to the urban environment.

Conclusion

This apartment offers investors an interesting combination of a central university location, a fully renovated condition, established shared apartment renting, and long-term development potential.

The well-maintained property, solid reserve base, the already completed roof refurbishment, and professional management reduce the ongoing organizational effort. At the same time, the current rental situation and the possibility of future adjustments in the room rents provide attractive prospects.

An interesting investment opportunity for investors looking for a well-rentable property in central Wuppertal with an uncomplicated rental concept.