House for sale • 315 m² without real estateMönchengladbach Rheydt Nordrhein-Westfalen 41236

For sale is a beautiful Gründerzeit house in a central location with a total of four apartments. The property is not subject to historic monument protection.

As is typical for houses of this kind, the property consists of a front building with three floors and a rear building/annex with two floors. The front building contains three apartments. The apartment on the ground floor is approximately 66 sqm, while the apartments on the first and second floors each have about 61 sqm. The apartment in the annex, with a total area of about 127 sqm, spans both floors and is connected by an internal staircase. This apartment also includes a very spacious rooftop terrace and a small garden.

In total, the front building and annex offer 315 sqm of living space, and the plot is 264 sqm. The rear part of the garden is used exclusively by the tenants of the annex, while the front part is shared by all tenants.

All apartments in the front building are two-room apartments, each with a spacious kitchen-living area. A unique feature is that the ground floor apartment has an additional separate room of approximately 13 sqm, which is also on the ground floor but can only be accessed from the staircase.

All apartments have very functional layouts and are therefore in demand. Consequently, high rents can be achieved with new tenancies. The property is fully rented, with a net annual rent (JNKM) of €32,820. No brokerage commission applies.

• Four apartments

• Very practical layouts

• Fully rented

• Net annual rent of €32,820

• X = 16.7

• Purchase price per sqm: €1,743

• No brokerage commission

• Investment property with a current yield of 6.0%

• Potential for rent increases upon new tenancy

• Good tenant mix that pays reliably

Very centrally located in Mönchengladbach Rheydt. The center is within walking distance (approx. 1 km). The University of Applied Sciences is also in the immediate vicinity. Supermarkets, schools, kindergartens, doctors, and public transportation are very close, as is typical in a large city.

House built in 1906

Ongoing renovations and refurbishments

Double-glazed plastic windows

Mainly new vinyl flooring; on the upper floor of the annex, you will find freshly sanded natural wood flooring.

2 bathrooms with white tiling, 2 bathrooms with old tiles