Capital investment! Over 9% yield! Apartment building renovated and rented out.

The property is an ideal capital investment!
The yield of around 9% (factor 10.7) is not a "target yield", but is calculated on the basis of current rental agreements!
5 apartments and 1 kiosk.
All apartments and businesses are well let!
Private sale - no broker's commission!

Very important tax advantage: The tax office has accepted the shortened useful life to 21 instead of 50 years. This increases depreciation from 2% to almost 5% annually.

The apartment building, built in 1914, was extensively renovated in 2023. The electricity box and many pipes were brought up to date. The gas central heating was renewed in 2018.

The apartments were extensively renovated and kitchens were installed. There are also washing machine connections in the apartments. The commercial unit was also extensively renovated in 2023 and has had no vacancies since it was first let.

Apartments
GROUND FLOOR:
Kiosk 74 sqm
2-room apartment with kitchen 45 sqm
FIRST FLOOR1:
4-room apartment with kitchen 82 sqm
2-room apartment with kitchen 45 sqm
UPPER FLOOR 2:
4-room apartment with kitchen 82 sqm
DG:
2-room apartment with kitchen 57 sqm

Total basic rent: € 36,300 per year
Total warm rent: € 52,800 per year

Tenant structure: a mix of families and furnished apartments.
All apartments have kitchens installed by the current landlord in 2023-2024
3 fully furnished apartments have complete furnishings from 2024-2025.

The furniture can be taken over - price on negotiation basis.

Miscellaneous:
The house has a full basement.
Plastic windows with double glazing
Fiber optic connection

The apartment building is located in the north of Duisburg, in the Bruckhausen district, on a quiet street not far from the countryside and only a few steps away from a bus stop.

The Duisburg district of Bruckhausen is part of the Meiderich/Beeck district. Several green areas such as parks, the city forest and the DU-Nord recreation area are within walking distance. The upswing of the district around 1900 can still be seen in the numerous beautiful Art Nouveau facades.

Duisburg Central Station or Mitte can be reached in less than 8 km or approx. 10 minutes by car.
Duisburg University or the zoo can be reached in just under 15 minutes or 10 km by car.

Shopping facilities, schools and other amenities are nearby. After all, you are in the very well-developed and culturally rich Ruhr metropolis.