House for sale • 380 m² without real estate, North Rhine-Westphalia

Below is the English translation of the text:

For sale is a well-maintained and well-let 5-unit apartment building located in the idyllic setting of Hattingen, right in the heart of the popular recreational and hiking area "Elfringhäuser Schweiz." The property impresses with its quiet, green location, solid rental yield, and a large plot with versatile potential. It is therefore suitable for both investors and owner-occupiers.

The living area is approximately 380 m², distributed across five efficiently designed residential units. The plot measures an impressive 2,063 m² and offers not only a spacious garden but also numerous parking spaces as well as 5 garages.

The first part of the building was constructed around 1930 and was extended by an annex circa 1965. The building has been continuously renovated and maintained over recent years, with three of the five apartments having undergone a comprehensive gut renovation. Additional comforts include 5 spacious garages and a fully basemented structure.

The property is heated with a central, modern oil heating system and has been regularly maintained. There is no backlog in renovations.

Currently available (see photos):

A bright, well-proportioned 3-room ground floor apartment with a spacious balcony accessible from both the living room and the bedroom. The apartment is suitable for both owner occupation and new letting, and is offered with a large garage and a storage room in the basement. The apartment impresses with its practical layout, offering flexible usage possibilities.

Key Data at a Glance:

Purchase Price: €495,000

Living Space: Approximately 380 m²

Plot Size: 2,063 m²

Units: 5 apartments

Annual (actual) cold rent: Approximately €32,280

Gross Yield: Approximately 6.5%

Heating: Oil central heating

Parking Spaces: Ample available

Garages: 5

Year of Construction: 1930 / 1965

The property is situated in a quiet and nature-oriented environment in the Hattingen-Wodantal / Elfringhäuser Schweiz nature reserve, offering numerous hiking and cycling opportunities right at your doorstep, thus ensuring a high quality of life.

Transportation and Infrastructure:

Shopping facilities in Hattingen can be reached by car in just five minutes. The historic town center, with its romantic timber-framed houses and modern accents such as the new shopping center "Reschop-Carré," invites you to stroll and linger. The nearby cities of Bochum, Essen, and Velbert are also easily accessible, making the location attractive for both commuters and nature lovers.

Furthermore, the large plot in a natural setting offers diverse usage possibilities for agricultural animal husbandry or for independent entrepreneurs.

The friendly community in the building contributes to a pleasant living atmosphere.

Special Features:

• Attractive and quiet location in Elfringhäuser Schweiz

• Large plot with plenty of open space

• Solid letting, good tenant structure

• 5 separate residential units – an ideal investment opportunity

• 5 garages + many outdoor parking spaces

• Well-maintained condition, no broker’s fee