Investment property in the Nordstadt

Attractive MFH with high yield
This property is a three-storey building in solid construction with above-average rental income from many years of constant letting. The property is for sale from 1.01.2025. This attractive apartment building is located in Dortmund city center and offers a living space of 360 m² on 3 floors with a plot size of 214 m² (small garden in the backyard with pergola). Ground floor = 78 m², 1st floor = 92 m², 2nd floor = 92 m², 3rd floor = 98 m². 15 rooms, 4 kitchens, 4 bathrooms - full basement. Two apartments are rented, the apartment on the 1st floor (92 sqm - 4 rooms, new laminate, new kitchen, bathroom) has been freshly renovated and is not rented due to the imminent sale. The apartment on the 2nd floor is also vacant. The house therefore offers ideal opportunities to combine owner-occupation with rental income and to create space for a growing family. The attic serves as a drying loft and is accessible via a staircase! The house was built in 1918, rebuilt in 1949 after the world war and has been continuously modernized since then. The gas floor heating systems are combination units and have all been renewed within the last 10 years. Likewise, all bathrooms on the 1st - 3rd floors have been renewed within the last 10 years. The furnishings are normal. The floor coverings consist of laminate, PVC, tiles and wooden floorboards. The property is cleaned weekly by a cleaning team. Each apartment has its own cellar compartment. The net cold rent in 2023 was € 34,287.00 (€ 7.94/m²). Floor plans, energy certificate and a viewing appointment will be sent to you after a short information about your person/company and a comprehensible interest in buying.

This property is located in Dortmund city center, a lively and vibrant city in the heart of the Ruhr area. The location is central, short walking distances lead to public transportation, shopping facilities, schools, kindergartens etc. The weekly market with fresh food etc. is within 5 minutes walking distance. By car you can reach the nearest highway in only 10 minutes, the main train station also in 10 minutes and the nearest airport in 20 minutes.