Apartment building with single-family charm. Own home + yield, commission-free

This extensively renovated apartment building with a total area of 571 m² comprises a total of six residential units. With 153 m², four rooms, a separate entrance, a spacious, covered terrace and a beautiful large garden, the owner's apartment offers a house-within-a-house character. This combines the financial benefits of an apartment building as a constant source of income with the advantages of relaxed living within your own four walls. The private garden with its additional covered barbecue area invites you to relax and celebrate.
A particular advantage of this first floor apartment is its potential for expansion. The living space can be increased to a total of 190 m² with little effort. This extension would give you five rooms, an additional bathroom and a second separate entrance.
Another exceptional feature is a garden house, which is equipped with a hot tub as well as TV and internet connection. Here you can relax after a long day at work and enjoy a soccer match or two.
The furnishings of the residential units can be described as very well maintained. The individual apartments have been extensively renovated over the last 12 years. This includes new radiators, copper pipes and almost all electrical wiring, modern bathrooms and separate water meters. Energy is billed via Kalorimeta. Most of the windows have been replaced.
There are two terraces behind the house, which are available to tenants, as well as a 20 m² garden shed for bicycles, garden furniture or other items. The entire house has a cellar.
The current annual net cold rent is 30,960 euros (excluding the large owner's apartment on the first floor).
This corresponds to a price per square meter of approx. 6.17 euros.
If the large ground floor apartment is rented out and the rent is adjusted, the annual net rent should be approx. 48,240 euros.

Stable source of income: An apartment building generates a constant and regular source of income through rental income. Compared to single-family homes or smaller properties, apartment buildings offer a higher total income due to the large number of rental units. This leads to a more stable financial situation for the landlord.

Economies of scale: Operating costs per unit are often lower in an apartment building than in individual apartment buildings. This is because maintenance work and upkeep costs can be spread over several units. Costs for services such as caretaking, cleaning or garden maintenance are lower per residential unit as they can be passed on to all tenants.

The property is located in a quiet cul-de-sac in the district of Dortmund-Hostedde. The location is ideal for nature lovers due to its close proximity to the Lanstroper See nature reserve. There are plenty of opportunities for walks and a variety of outdoor activities. The quick accessibility to the well-developed highway network is also worth mentioning. Dortmund city center is also easy to reach by car or public transport. Shopping facilities, doctors' surgeries, schools and kindergartens as well as S-Bahn and U-Bahn stations are all within walking distance.

B 236 3 km 4 min.
A 2 4.4 km 6 min.
A1 11 km 15 min.
City center 9 km 20 min
B1 9 km 17 min
Lünen 8 km 15 min