Flat for sale 5+1 • 132 m² without real estateRemscheid Lüttringhausen Lüttringhausen Nordrhein-Westfalen 42899

4 OWNER-RENTER UNITS WITH A COMMON AREA + a SHARE APARTMENT 12

Gertenbachstrasse 11+13, 42899 Remscheid - Lüttringhausen

The property was acquired in 2004 by GBR Schindler-Kaminski. By 2006, it had been completely gutted and then extensively renovated and restored. The property is under historical monument protection.

In the ground floor and parts of the upper floor, a residential group for people with dementia was established in 2006, where they live relatively independently in small apartments. Among the small apartments is a larger unit (common area) with a communal kitchen, dining, and additional common rooms, as well as a specially fitted bathroom.

In total, the residential community consists of 9 apartments. The community is served around the clock by the Pflegedienst Hartman RS. Waiting lists for occupancy exist because the demand for such apartments is very high.

Now available from the apartment contingent are four small apartments with the common area and an additional share in the common area totaling 131.55 m² for sale.

The sizes of the apartments are as follows:

• Apartment 2 – 25.94 m²

• Apartment 3 – 28.59 m²

• Apartment 4 – 28.52 m²

• Apartment 6 – 39.18 m²

• Common area share – 9.32 m²

All the apartments are studio apartments equipped with a small kitchenette, a bathroom adapted for people with disabilities. Apartment 6 features two living areas. Each apartment includes a proportional parking space share.

Located in the historical area of Old Town RS-Lüttringhausen, the building, due to extensive renovation with comprehensive thermal insulation, comes close to the standards of a low-energy house.

Furthermore, the rental income more than covers the financing based on the current typical 10-year interest rate and a 2% amortization rate. For additional details, please refer to the amortization calculations provided with the apartment listings.