House for sale • 280 m² without real estateRheinberger Straße 359, , North Rhine-Westphalia

A very well-maintained apartment building comprising three residential units, one commercial unit, and a large garage is offered for sale. The property is suitable both as an investment and as a multigenerational home. The building was constructed in 1909 and has been continuously modernized.

In 1994, the ground-floor apartment was renovated, including a new bathroom. In 2008, the first-floor apartment underwent a complete renovation, including a new bathroom. The roof was fully insulated and re-covered, a photovoltaic system was installed, a new wood-pellet heating system was fitted, and all water pipes were replaced. In 2015, the entire courtyard was repaved, the underground sewer pipes were replaced, and the garage building was rebuilt. In 2017, the attic apartment underwent a complete renovation, including a new bathroom. In 2023, the roof of the commercial unit was repainted. There is no backlog of renovation work whatsoever. All apartments and the commercial unit have been rented to long-term tenants.

Further key details:

Ground floor: kitchen, hallway, bathroom, dining room, living room, 2 bedrooms, approx. 78 m²

First floor: kitchen, hallway, bathroom, living room, 1 bedroom, approx. 77 m²

Second floor: kitchen, hallway, bathroom, living room, 3 bedrooms, approx. 55 m²

Commercial unit: large ground-floor room with a display window and toilet, plus a converted attic space used as an office, approx. 70 m²

The current annual net rent excluding utilities is €27,794. With moderate rent increases, this could easily be raised to more than €31,000 per year.

The apartment building is located in Niersenbruch, one of the most sought-after residential areas of Kamp-Lintfort. It offers excellent access to several motorways (A57 and A42). Shops for everyday needs, all types of schools, and kindergartens are located nearby, and the town center is also within easy walking distance.

Photovoltaic system