House for sale • 414 m² without real estateBonnenbroicher Straße 124 / 126 Mönchengladbach Bonnenbroich-Geneicken Nordrhein-Westfalen 41238

For sale are two directly adjacent multi-family houses with a total of eight apartments.

Each house contains four apartments. The apartments on the ground, first, and second floors are approximately 51 m² each, while the maisonette apartments on the third floor are about 54 m² each. In total, both houses offer 414 m².

The property covers 396 m², and the garden is available for communal use by the tenants.

All apartments are two-room flats with a spacious kitchen-dining area. The maisonette apartments additionally include an extra room in the attic.

The apartments all feature very functional layouts and are in high demand. Therefore, correspondingly high rents can be achieved upon new lease agreements.

The property is fully rented, with an annual net cold rent (JNKM) of €42,240. No broker’s commission is charged.

• Eight apartments

• Very practical layouts

• Fully rented for years

• Annual net cold rent of €42,240

• X = 16.5

• Purchase price per m²: €1,688

• No broker’s commission

• Investment property with a current yield of 6.0%

• Potential for a rent increase upon new leasing to an annual net cold rent of €48,000

• Good tenant structure with reliable payments

Very centrally located in Bonnenbroich-Geneicken, close to the Grenzlandstadion and very near the University of Applied Sciences.

The centers of Mönchengladbach (approx. 2 km) and Rheydt (approx. 1 km) are in the immediate vicinity.

Supermarkets, schools, doctors, public transport, etc. are all within walking distance.

House built in 1930

Double-glazed plastic windows

Predominantly laminate floors

Bathrooms finished in white tiles, partly with marble

Ongoing renovations (facade facing the street is still being renovated)