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Investment: 4-room apartment in Düsseltal

€383,000

  • Type: Apartment
  • Price: €383,000
  • Bedrooms: {"0":"3"}
  • Bathrooms: 1
  • Area: 1098 sq.ft.
  • Location: Nordrhein-Westfalen, Düsseldorf, Germany
Investment: 4-room apartment in Düsseltal in DüsseldorfInvestment: 4-room apartment in Düsseltal in Düsseldorf — photo 2

About this property

This 4-room apartment is situated on the 5th floor of a well-maintained residential building from 1956 in the sought-after Düsseltal district of Düsseldorf. Please note that there is no elevator in the building. The apartment has been leased long-term since 1988. The tenancy includes statutory lifelong protection from termination, which is transferred with the sale. Therefore, owner-occupancy is not permitted, and tenants retain a legal right of first refusal. Key Facts Living space: approx. 102.57 m² Rooms: 4 Bathroom: with bathtub Kitchen: includes skylight Other features: cellar room included Balcony: not available Elevator: not present Lease: long-term tenancy since 1988 with no option for termination due to personal use Rental income: Basic rent of €1,038.01/month (approx. €10.12/m²) Costs: Operating costs €190/month, heating costs €149/month, current monthly housing fee €442 Last rent adjustment: August 1, 2024 Location – Düsseldorf-Düsseltal Located in the heart of Düsseldorf, the popular Düsseltal district offers a perfect balance between urban living and local convenience. The area is known for its excellent infrastructure: Shops, restaurants, and leisure facilities within walking distance Great public transport connections to Düsseldorf Central Station and the airport Quick access to major motorways for regional and national travel This property presents a stable investment opportunity in a prime city-center location, backed by a long-standing tenancy and consistent rental income.

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