Multi-family house of 421sqm in 45888 Gelsenkirchen Kreisfreie Stadt Gelsenkirchen, Regierungsbezirk Munster, North Rhine-Westphalia, Germany Self Build £536,024 | €595,000 | $662,592 Request a Currency Exchange Quote Here

multi-family house, well maintained, bathroom with window, bathtub, more than 1 bathroom, balcony / terrace, central heat, 3 garages and 2 carports

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Property Attributes

Property Features

Balcony, Terrace, Central Heating, Courtyard, Garage, Carport

Amenities & Services


Building Characteristics

Storage, Ground Floor, 1st Floor, 2nd Floor, 3rd Floor


Property Description ID:38598253

The apartment house on offer was built in 1988 and has been regularly maintained over the years. The total living space of approx. 421 m² is distributed over 4 apartments, which are in a well-kept condition. In addition, a commercial hall in good condition is included in the purchase price, which has a useful area of approx. 228 m² and a kitchen. In the courtyard in front of the commercial hall there are two parking spaces for rent. The heating runs over a wood pellet heating system installed before approx. 8 years, which heats the office rooms. The residential building is heated by an oil central heating with warm water preparation. Two carports and three garages provide parking space for the tenants' cars. The annual cold rent income amounts to 36,470.40 €, so that a gross yield at a value of approximately 6.13% results. The apartments are differently equipped, a more detailed equipment description or renting lists receive you gladly in arrangement with our responsible selling partner locally.

Floor space of the apartments:

  • ground floor approx. 99 sqm plus approx. 11 sqm balcony
  • 1st floor approx. 103 sqm plus approx. 80 sqm terrace
  • 2nd floor approx. 103 sqm plus approx. 15 sqm balcony
  • 3rd floor approx. 90 sqm

Floor space of the commercial unit:

  • Commercial hall/storage approx. 120 sqm
  • Ramp roofed approx. 48 sqm
  • Storage and office space / kitchen / bathroom approx. 60 sqm

An agent's commission in the amount of 3.57 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.

An industrial city with the congenial spirit typical of the Ruhr region, Gelsenkirchen has been put on the map by its famous residents. It gained fame through its local football club, FC Schalke 04, and earned the name of “city of a thousand fires” because of the coke oven gasses that once flamed in the air. Gelsenkirchen has an excellent transport infrastructure, offering connections to Autobahns 2, 40, 42 and 52, Bundesstraßen 224, 226 and 227, national train services and an extensive inner-city public transport network.

The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.


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