Flat for sale 3+1 • 60 m² without real estateEssen Katernberg Nordrhein-Westfalen 45327

This continuously maintained and technically modernized multi-family house is located in the central area of Essen-Katernberg and impresses with its solid construction, contemporary facilities, and a rental yield of over 5% – an ideal investment for capital investors.

The building was constructed using robust materials and comprises a total of 16 residential units with an overall living area of approximately [please insert, e.g., 950 m²].

The apartment sizes range from about 55 m² to 105 m² and offer attractive layouts suited for various tenant groups – from singles to families.

All apartments are fully rented and generate stable, sustainable rental income.

In recent years, extensive modernization measures have been carried out:

• Roof completely renewed (2022)

• Electrical systems fully modernized

• Utility connections newly installed

• Plumbing completely renewed

• 7 bathrooms fully modernized and furnished to a high standard

The property is in a contemporary technical condition with no backlog in necessary renovations.

A spacious basement area with tenant storage rooms and a technical room is available to residents, offering additional storage space.

The property is located in the Essen district of Katernberg, a quiet yet well-connected residential area.

The infrastructure is excellent: shopping opportunities, schools, kindergartens, and doctors are in the immediate vicinity.

Due to the good connections to public transportation as well as to the A40 and A42 highways, both downtown Essen and the surrounding cities of the Ruhr area can be reached quickly.

The established neighborhood structure and consistently high rental demand make the location particularly attractive for investors and tenants alike.

• 16 residential units / fully rented

• Apartment sizes between 55 m² and 105 m²

• Rental yield over 5%

• Roof renewed (2022)

• Electrical systems, utility connections & plumbing completely renewed

• 7 bathrooms fully modernized

• Continuously maintained / no backlog in renovations

• Spacious basement with tenant storage rooms

• Solid construction & well-maintained overall condition

• Attractive location in Essen-Katernberg with excellent infrastructure & transport connections

These are two multi-family houses that are being sold privately. The apartments are already subdivided.