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5.2% yield Charming MFH close to the center of Wuppertal - ideal for investors and owner-occupiers"

Gathe 3b, 42107 Wuppertal (Elberfeld) – Nordrhein-Westfalen
570.000 €
15
Room
284 m²
Living Area
244 m²
Property
Private offer
house
multi-family house

This charming apartment building in a central location in Wuppertal-Elberfeld is a rare opportunity for investors and lovers of historic properties. The listed building combines the unique charm of historic architecture with solid returns and attractive tax benefits.

The annual rental income (cold) amounts to €30,000

The building comprises a total of five well-designed apartments and a store with storage space

2 smaller apartments: A 1-bedroom apartment and a 2-bedroom apartment, both of which have recently been extensively renovated - ideal for singles or couples.
3 spacious apartments: 4-room apartments each, perfect for families or shared flats. Two of the three apartments have also been recently renovated and offer modern living comfort.
The building also has a spacious store with adjoining storage space, which is ideal for retail, service companies or creative uses.

Thanks to its central location and well thought-out floor plan, the property has always been fully let. The apartments boast an attractive residential ambience, while the store benefits from first-class visibility and proximity to the city center.

Highlights:
- Attractive location: close to the city center, with excellent public transport connections and numerous shopping facilities, restaurants and other everyday amenities.

- Listed building: Take advantage of the tax benefits and enjoy the special charm of this historic building.

- Solid rental history: The property has been fully let for many years, proof of its attractiveness and stability as an investment.

- Versatility: Ideal combination of residential and commercial units with flexible usage options.

Are you interested in this house?

Object Number
OM-323836
Object Class
house
Object Type
multi-family house
Is occupied
Occupied
Handover from
by arrangement

Purchase price & additional costs

purchase price
570.000 €
Purchase additional costs
approx. 44,540 €
Total costs
approx. 614,539 €

Breakdown of Costs

Purchase price 570.000 €
Real estate transfer tax 37,050 € (6.50%)
Notary costs 4,962 € (0.87%)
Land register entry 2,528 € (0.44%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 1,873€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.93%

Details

Condition
rehabilitated
Number of floors
4
Usable area
40 m²
Bathrooms (number)
6
Bedrooms (number)
10
Flooring
laminate, tiles, vinyl / PVC
Heating
central heating
Year of construction
1900
Equipment
terrace, garden, fitted kitchen
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Location

The apartment building is situated in a sought-after location close to the center of Wuppertal-Elberfeld. This attractive environment offers a perfect mix of urban lifestyle and green retreats.

The central location ensures excellent public transport connections: several bus and train lines as well as Wuppertal main station are just a few minutes away. The A46 and A1 highway junctions are also in the immediate vicinity and ensure fast connections to the surrounding cities in the Ruhr area and the Bergisches Land region.

Elberfeld itself is characterized by its lively city centre with numerous shopping facilities, restaurants, cafés and cultural offerings. The Luisenviertel, known for its charming old buildings and creative stores, is just a short walk away.

Daily needs are also catered for: supermarkets, pharmacies, schools and kindergartens are all within walking distance. For nature lovers, the nearby green spaces such as the Hardtanlage or the Botanical Garden offer opportunities for outdoor recreation.

This location combines a high quality of life with an excellent infrastructure and makes the property particularly attractive for both tenants and businesses.

Location Check

Restaurants
100m
Einkaufen
100m
Sport
100m
Medizin
550m
Kultur
50m
Nachtleben
50m
Mobilität
200m
Natur
600m

Energy

Main energy source
gas

PDF

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Frederik Terborg