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Investor opportunity! 12 modern condominiums MFH and garage yard

45475 Mülheim an der Ruhr (Dümpten) – Nordrhein-Westfalen
2.499.000 €
1,145 m²
Living Area
1,200 m²
Property
Private offer
apartment building or investment property
apartment building

Modern architect's apartment building consisting of 12 freehold apartments and 14 garages in a quiet, good location in Mülheim-Dümpten for sale. Fully let with an annual rent of € 125,000. The property is divided into 2 separate houses, each with 6 condominiums on 3 floors and has 2 separate entrances and basement areas. A new high quality central gas heating system was installed 6 months ago, raising the energy certificate from A to new A+ rating. House is fully insulated and up to date. 4 ground floor apartments with 4 gardens for exclusive use. Top floor with modern maisonette apartments, each with a large covered roof terrace. The house was designed by a well-known architect and built to a high standard by a renowned construction company. An additional 14 garages, 2 carport spaces and 5 parking spaces complete the offer. In the basement there is a storage cellar for each apartment, 2 rented hobby rooms and a bicycle cellar. The property is being sold by the owner for reasons of age. Rare opportunity and secure investment property. The property was divided into 12 condominiums upon completion in 2000 and was previously owned by the owner's family. The house is fully let - rent increase possible with new tenants. Property in very good condition, practically as new. Comparable modern new apartments in the neighborhood were recently sold for 75% higher sales price. Surroundings are beautiful and very green.

Are you interested in this offer?

Object Number
OM-344301
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
immediately

Purchase price & additional costs

purchase price
2.499.000 €
Purchase additional costs
approx. 190,703 €
Total costs
approx. 2,689,703 €

Breakdown of Costs

Purchase price 2.499.000 €
Real estate transfer tax 162,435 € (6.50%)
Notary costs 18,731 € (0.75%)
Land register entry 9,538 € (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: 8,863€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.32%

Details

Condition
well-kept
Number of floors
3
Total area
1398 m²
Number of garages
13
Number of carports
2
Number of parking lots
5
Flooring
parquet, laminate, carpet, tiles, vinyl / PVC
Heating
central heating
Year of construction
1999
Equipment
balcony, terrace, garden, basement, roof terrace, shower bath, fitted kitchen, guest toilet

Information on equipment

All apartments have either an exclusive garden area (4x ground floor), a large balcony (4 x upper floor) or a spacious covered roof terrace (4x maisonette).
Each apartment has its own garage. Further garages, parking spaces and carports are available.
Over the years, the tenants have carried out their own modernizations (floors, fitted kitchens, bathrooms, etc.). Solid, long-term tenants. Rental apartments and house property is highly sought after due to its modern design and location.
4 ground floor apartments with garden 2x 99m2 and 2x 82 m2
4 upper floor apartments with balcony 2x 99m2 and 2x 82 m2
4 top floor maisonette apartments with roof terrace 2x 110 m2 and 2x 96 m2
House is technically and visually in very good condition.

Location

Beautiful, quiet green south-west facing location in Mülheim Dümpten.

Location Check

Medizin
Sport
Mobilität
Natur

Energy

0 50 100 150 200 250 300 350 400 ≥450
Energy certificate type
demand certificate
Main energy source
gas
Final energy demand
103.00 kWh/(m²a)

Miscellaneous

No commercial sale as apartments have been in the hands of the private owner since construction.
Sale due to age as owner is now retired

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