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Unique multi-family house ensemble Wuppertal Elberfeld 4 houses 3 x listed building

Gathe 23-25a, 42107 Wuppertal (Elberfeld) – Nordrhein-Westfalen
3.275.000 €
2,432 m²
Living Area
1,928 m²
Property
Private offer
apartment building or investment property
apartment building

Unique ensemble of 4 apartment buildings with 40 residential units and 1 commercial unit in 42107 Wuppertal-Elberfeld.
Here you have the unique opportunity to acquire 4 apartment buildings located together.
The commercial unit is currently let to a kiosk.
The ensemble consists of two houses facing the street and two houses behind them.
A further 2-storey building is located separately at the end of the property.
The houses in the second row are almost surrounded by greenery.
Three of the four houses are listed buildings, which brings enormous tax advantages for the buyer.
There are very interesting possibilities for use and design here.
Design the property according to your ideas.
Condominiums, student apartments, care services, craftsmen, vacation apartments... etc.
Let your imagination run wild.
The houses were built around 1904 and have basements.
The total living area is approx. 2432m², the total plot area is 1928m².
The commercial unit has approx. 80m².
There are 4 rentable parking spaces, as well as 2 garages and a warehouse.
15 apartments have their own balcony.
-House 1 has 8 residential units and one commercial unit
-House 2 has 13 residential units
-House 3 has 9 residential units
-House 4 has 10 residential units
2 houses are supplied with heat and hot water via a gas central heating system.

Are you interested in this offer?

Object Number
OM-324942
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
3.275.000 €
Purchase additional costs
approx. 249,768 €
Total costs
approx. 3,524,768 €

Breakdown of Costs

Purchase price 3.275.000 €
Real estate transfer tax 212,875 € (6.50%)
Notary costs 24,438 € (0.75%)
Land register entry 12,456 € (0.38%)
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: 11,463€

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 3.25%

Details

Condition
in need of renovation
Monument protection object
Yes
Level
4th floor
Commercial area
80 m²
Total area
2500 m²
Number of garages
2
Number of parking lots
4
Net rental income (target) p.a.
215000 €
X-times rental income
15.00
Number of units
40
Flooring
laminate, tiles, vinyl / PVC
Heating
central heating
Year of construction
1904
Equipment
balcony, basement, full bath, shower bath
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

Some of the apartments have balconies, which makes them easier to let.
High-speed internet is available in all buildings (1 Gbit).
6 apartments and the commercial unit have their own gas boilers.
31 apartments are supplied with central heating, 22 of which also have hot water.

Location

The houses are very centrally located in Wuppertal-Elberfeld.
From here, everything can be easily done on foot.
The Elberfeld market square is about a 7-minute walk away and the highway exit
Elberfeld (A46) is approx. 1200m away.
From there, the nearby cities such as Cologne, Düsseldorf and the Ruhr area
are very easy to reach.
The university is approx. 2500m away. (By bicycle approx. 10 minutes)
All types of schools, kindergartens, leisure facilities, doctors, pharmacies, discounters etc.
are easy to reach.

Location Check

Restaurants
50m
Einkaufen
100m
Sport
200m
Nachtleben
100m

Energy

Energy certificate type
not legally required
Main energy source
gas

PDF

Miscellaneous

The sale is made directly via the owner,
When calculating the target rent, the current rate per m² tolerated by the Jobcenter was assumed.
was assumed.
The demand for living space in this area is very high.
Higher rental income is certainly possible with free letting.
Please provide your full address details and a telephone number for inquiries, otherwise we will not be able to process them.

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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Questions about the object? Show interest or arrange a viewing appointment?

Click here to send a message to the provider:

Offer from: Frank Büscher

Message to Seller

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