House for sale • 500 m² without real estateSolingen Solingen Nordrhein-Westfalen 42697

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For sale is a well-maintained residential complex consisting of two multi-family houses on a spacious plot with an attractively landscaped garden area in the highly sought-after residential area of Solingen-Ohligs.

The property impresses with its solid structural condition, the good state of modernization, and sustainable rentability. It is excellently suited as a long-term investment but also offers interesting prospects for buyers who want to combine living and renting or who wish to use the property within the family over the long term.

The residential complex comprises a total of eight residential units, distributed over two identical houses:

House No. 53

• 4 apartments, each with approx. 71 m² of living space

• Each apartment has 3 rooms (optimally laid out)

• All apartments feature a balcony

House No. 55

• 4 apartments, each with approx. 54 m² of living space

• Each apartment has 2 rooms (optimally laid out)

• All apartments feature a balcony

Additional features of the property include:

• Well-maintained garden area

• 3 garages

• Three ground-floor apartments with direct garden access and their own garden portion

• Fully basement-equipped buildings

The apartments have been continuously rented – except during individual renovation periods. The high demand for residential space in this area ensures very good rental prospects.

The sale is due to the owner's retirement.

For more information, please feel free to contact by phone at: 0174-2597475.

The residential complex is located in the popular Solingen district of Ohligs, one of the most desirable residential areas in the “City of Blades.”

Ohligs boasts its own vibrant town center with varied shopping opportunities, gastronomic offers, as well as excellent infrastructure. Particularly, the excellent connections to Düsseldorf and Cologne make the location attractive to both commuters and tenants.

The residential area itself is pleasantly quiet yet centrally located. Public parking spaces are located right in front of the houses.

Recreational areas such as the Ohligs Heath, the green spaces at the Hilden City Forest, and the Rhine floodplains in the direction of Monheim am Rhein are easily reachable by bicycle or in a few minutes by car or train and offer high recreational and leisure value.

All daily necessities – including shopping options, doctors, pharmacies, schools, and kindergartens – are within walking distance or in the immediate vicinity.

Bus and train stops are just a few minutes’ walk away. The Solingen main station with ICE connections as well as direct S-Bahn links to Düsseldorf and Cologne offers excellent connections to the surrounding metropolitan regions. The highways A3 and A46 can also be reached in a short time.

Both multi-family houses were built in 1960 in heavy construction and are in a well-maintained overall condition.

Each building comprises four identically laid-out residential units and generous communal areas in the basement.

The features include, among others:

• Balconies on all apartments

• Predominantly modernized apartments

• Except for one unit, already renovated

• All apartments equipped with fitted kitchens

• New roof covering

• Restored stairwells

• Fully basement-equipped with:

- Tenant storage rooms

- Laundry room

- Drying room

- Bicycle storage

The heating is provided by two systems:

• 4 apartments with central heating

• 4 apartments with gas-fired individual heaters

A valid energy certificate is, of course, available.

Attractive Prospects

The combination of well-maintained structural condition, attractive apartment layouts, and an excellent location makes this residential complex a property that holds its long-term value.

Due to the varying sizes of the apartments, the property appeals to singles, couples, and small families, thereby offering a broad target group in the rental market.

Due to the year of construction, the property can be depreciated annually (AfA) at a rate of 2%.

Additionally, there is the possibility, if applicable, to achieve a higher tax depreciation by determining a shortened remaining useful life.

Conclusion:

A well-maintained residential complex with eight apartments, attractive floor plans, solid construction, and excellent infrastructure – ideal as a long-term investment or for buyers who wish to acquire a versatile property in one of Solingen’s most desirable residential areas.

NOTE:

The building’s energy certificate is currently being updated.