House for sale • 400 m² without real estateMönchengladbach Rheydt Nordrhein-Westfalen 41236

For sale is a well-maintained multi-family house from a real estate portfolio that has been privately owned for over 20 years. The property was built in 1955 and comprises 8 residential units. Due to the rentable apartment sizes of approximately 50 m², there is strong tenant demand. In recent years, there has been no vacancy. All apartments are rented to long-term tenants. The property currently generates an annual net cold rent of €42,000. With a purchase price of €689,000, this corresponds to a gross rental yield of 6.10%. With moderate rent adjustments, the gross rental yield could prospectively be increased to 7.00%. This makes the building, combined with its excellent location, a solid investment. The sale is commission-free.

The house is located on a quiet yet centrally situated residential street (30 km/h zone). All daily amenities are within walking distance. The walk to downtown Rheydt takes about 10 minutes. The Beller Park recreational area and Schmölderpark are also in the immediate vicinity.

The building is in well-maintained overall condition and has been continuously serviced. Heating is provided by a Viessmann gas central heating system. The windows are double-glazed and equipped with shutters. Each tenant has their own basement storage room. The property is complemented by a charming garden.