House for sale • 228 m² without real estateWilhelmstr 71, , North Rhine-Westphalia

For sale is a multi-family house built in 1910, comprising a total of four residential units, located in the central area of Velbert-Neviges. The property has been regularly maintained and is in an overall solid condition, though in need of some renovation.

The total living area is approximately 228 m², spread over four floors. The apartment sizes are distributed sensibly: the ground floor offers about 32 m², the apartments on the first and second floors are each approximately 73 m², and the attic floor around 50 m². The floor plans are ideal for singles, couples, or small families.

Currently, three of the four apartments are rented out. The attic apartment is vacant and, after renovation, offers the possibility for new rental or personal use. The current annual net cold rent is approximately €10,000. According to the local rent index, rental income of up to around €20,000 per year is realistic, presenting attractive potential for increase.

The property is being sold due to the owner's retirement and is excellently suited as an investment with long-term prospects. Thanks to the compact plot size of about 138 m², maintenance efforts are minimal.

A valid energy certificate is available and can be provided upon request.

Overall, this is a solid, development-capable investment property in a desirable location. The house benefits from excellent infrastructure and its central position in Velbert-Neviges – with direct bus connections right at the door and a train station reachable on foot. The cities of Wuppertal, Essen, and Düsseldorf can each be reached within approximately 30 minutes by train or car. It is ideal for forward-thinking investors or buyers seeking a well-maintained multi-family house with potential.

The property is located in a central and traffic-friendly area in the popular Velbert district of Neviges. The immediate surroundings are characterized by established residential buildings, small shops, and a good social mix.

The bus stop is located right outside the door, and the S-Bahn station Velbert-Neviges can be reached on foot within a few minutes. From there, there are direct connections to Wuppertal, Essen, and Düsseldorf. All three cities are conveniently accessible within about 30 minutes, whether by public transport or car via the nearby A535 or A46.

In the immediate vicinity, all daily necessities can be found: supermarkets, bakeries, pharmacies, doctors, restaurants, and cafés are all reachable within a few minutes on foot. Kindergartens and schools are also available in the area, making the location attractive for families.

Furthermore, Neviges is known for its historic town center, the popular pilgrimage church Maria, Queen of Peace, as well as beautiful green spaces and hiking trails in the Bergisches Land. The location thus offers a successful combination of urbanity, excellent infrastructure, and nearby recreation.

Overall, the location impresses with its centrality, excellent connections, and its lively yet pleasant residential environment – a sought-after address for both owner-occupiers and investors.

The house features functional and solid equipment without any special luxury. Over the years, necessary maintenance measures have been carried out regularly, so the property is generally in an acceptable condition. However, there are some areas that require modernization.

The heating of the individual residential units is provided by floor-mounted gas boilers, which have been regularly serviced. This allows tenants individual control over consumption and offers the owner cost transparency.

The attic apartment is currently vacant and needs to be renovated before it can be rented out again. Since a comprehensive renovation was not carried out prior to sale, the future owner has the opportunity to customize and implement their own ideas.

The overall equipment corresponds mostly to a basic to medium standard, providing a solid foundation for further modernization or adjustments by the buyer.