House for sale • 500 m² without real estate, North Rhine-Westphalia

For sale is a detached multi-family house constructed in solid masonry with a classic hipped roof. This building method stands for sustainability, stability, and the long-term value retention of the property.

The property comprises a total of six residential units. Three of the apartments have already been comprehensively refurbished and are presented in a contemporary and well-maintained condition. The remaining three units offer further development potential, allowing the buyer to achieve sustainable value appreciation and optimize rental income through targeted renovation measures.

The property has been continuously maintained, thereby preserving its structure and providing a solid basis for future investments. Particularly noteworthy is the good and stable tenant structure, which underscores the property’s reliable rental appeal.

Overall, this is an attractive investment property with a balanced combination of immediate returns and further development potential.

The property is located on Herner Straße in 45657 Recklinghausen, an established residential and commercial street in the center of the Stadtmitte district. Herner Straße is one of the traffic-influenced main arteries of the downtown area and connects residential, service, and retail offerings in close proximity.

The location is characterized by excellent infrastructural integration: bus stops are within walking distance, and Recklinghausen’s main train station is only about 1.1 km away, ensuring fast connections by rail and bus to the surrounding cities of the Ruhr metropolitan region.

Local amenities, dining options, and services are also plentiful: in addition to bakeries and discount stores, there are cafes, restaurants, and local service providers in the vicinity. This means residents and tenants benefit from having everyday facilities close at hand.

The area offers an attractive mix of urban lifestyle and everyday accessibility: cultural hubs such as the downtown area with its shopping and leisure facilities, as well as the historic old town, are quickly reached. Notable destinations such as the Recklinghausen Tourist Information center or the stylish Parkhotel Engelsburg are only a few minutes away, as are local recreational and leisure facilities. Additionally, the indoor swimming pool at the southern edge of Herner Straße, for example, enhances the range of local leisure offerings.

Overall, the location benefits from a central, inner-city position with excellent accessibility and a mixed environment of residential, commercial, and service uses, making it particularly interesting for tenants and investors.

Three of the six residential units have been extensively and high-quality refurbished. As part of the modernization measures, the bathrooms were completely renewed and equipped in a modern way. Additionally, all windows in the renovated apartments as well as in the staircase have been replaced.

The fresh water and wastewater pipelines have been renewed and now meet current technical standards. Furthermore, all wall and floor coverings have been newly installed. The roof insulation was also modernized and energetically improved as part of the renovation. The basement area is well maintained and has been newly plastered.

Two apartments feature a covered loggia, which provides additional living comfort. Another apartment is equipped with its own garden area complete with a terrace, offering an attractive added value for tenants.

The three remaining residential units are in need of renovation and offer additional potential for value increase.

For two of the unrefurbished apartments on the first floor, residential rights exist, which nonetheless yield good rental income.