Gelsenkirchen, North Rhine-Westphalia 45881

This well-kept apartment building from 1959 offers a spacious plot of 354 m and a living space of 440 m and numerous possibilities, whether as a capital investment or for personal use. With a total of 10 light-filled rooms, including 6 bedrooms and 6 modernised bathrooms, the property is suitable for both large families and investors looking to benefit from stable, instant rental income. The building is fully let and is characterized by regular modernizations that ensure high energy efficiency and low operating costs. Renovations include new gas central heating, refurbished bathrooms and a fresh coat of paint giving the property a modern charm. There is further potential for expansion in the attic, which can be converted with permission, as well as in the area with a full basement, which offers additional usage options. Behind the house there is a garage and a warehouse, which offer further potential. The current rental structure includes a shop on the ground floor (90 m) with 500 basic rent + 200 ancillary costs, two apartments on the 1st and 2nd floor (75 m each) with rents of 530 and 430 basic rent, and a large apartment on the 3rd floor (120 m) for 610 basic rent + 564 ancillary costs. In addition, the garage and warehouse are rented out at 140 per month. The property currently generates around 2, 810 basic rent per month and thus offers an attractive return. With the possibility of converting the attic and continuing to use the space behind the house, the property offers additional potential for value appreciation in the long term. Available from 2024, this apartment building is suitable for investors who want to benefit from a stable source of income, as well as for owner-occupiers who want to exploit the potential of the building for their own needs.Energy value: 163.4kWh/p.a.; Energy carriers: GAS; BJ_ EneV: 2006 Energy class: F