House for sale • 328 m² without real estateEssen Frohnhausen Frohnhausen Nordrhein-Westfalen 45144

This first-class investment property from 1910 is located right in the heart of Essen-Frohnhausen. Its location, the proximity to all infrastructural amenities, as well as the layout of the units and the associated rental potential distinguish this property.

The property comprises a total of four apartments with approximately 270 m² of living space spread over three floors. The apartments range in size from around 30 m² to 87 m², offering optimal conditions for a sustainably attractive return.

The commercial unit is 58 m² in size.

The multi-family house was built in 1910 on a plot of around 266 m² and features an appealing façade. The property has a garden at the rear, is fully basement-equipped, and is heated with natural gas.

A particular highlight of the building is the top-floor apartment, which has potential for expansion.

The annual net rental income (target) amounts to approximately EUR 39,600.

The actual annual net rental income (current) amounts to around EUR 30,840.

Overall, the multi-family house has been modernized, including the installation of a new heating system, new windows, and new sanitary installations.

The property is situated in the urban and vibrant Essen district of Frohnhausen, which not only impresses with its central location but also with an excellent connection to public infrastructure.

The public transportation connections are optimal: the Essen Gervinusstraße tram stop is reachable within a few minutes on foot. This provides a fast connection to key destinations in the city and its surroundings, including the Essen main train station and the city center. In addition, important transport links like the A40 and A52 are quickly accessible, making the location attractive for commuters. A visit to Limbecker Platz is particularly popular, being only a 5-minute drive away. The University of Duisburg-Essen is also just a 7-minute drive away.

In the immediate vicinity, numerous shopping opportunities, cafés, and restaurants make everyday life pleasant. Just a few minutes’ walk away is Gervinuspark, the central city park in Frohnhausen. With its water playground, it offers an ideal place for outdoor leisure and relaxation. The surrounding streets are lined with charming residential buildings and green spaces, contributing to a pleasant living atmosphere. Educational facilities such as schools and kindergartens are also available in the area, making the location particularly interesting for families. This mix of urban living and proximity to nature makes Frohnhauser Straße an attractive location for a variety of lifestyles.