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  1. Commercial property
  2. Germany
  3. North Rhine-Westphalia
  4. Gelsenkirchen
  5. Profitable houses

670 000 €

Commercial apartment building in Gelsenkirchen, Germany, 463 m²
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  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 1
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  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 1
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 2
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 3
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 4
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 5
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 6
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 7
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 8
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 9
  • Commercial apartment building in Gelsenkirchen, Germany, 463 m² - picture 10
  • Property ID on Prianproperty.com: 3286289
    Property ID on company's website: 16803
    Last update: 24.08.2026
    Number of views: 4748

670 000 €

Commercial apartment building in Gelsenkirchen, Germany, 463 m²

463 m² 5.7% per year
Online Viewing Remote Transaction
  • On the map
  • Property ID on Prianproperty.com: 3286289
    Property ID on company's website: 16803
    Last update: 24.08.2026
    Number of views: 4748

Specifications

Sale price 670 000 €
Price per square meter 1 447 €
Floor area 463 m²
Construction phase Resale
Number of storeys 4
Address Germany, Gelsenkirchen, Gelzenkirhen
Location within the city

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 5.7 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%
Annual income 38 400 €

Annual rental revenue, excluding operating expenses

This is an approximate calculation of finance indicators.
Calculation is prepared by request.

Description

Income Apartment Building in the Heart of Gelsenkirchen — 3 Minutes from the Central Pedestrian Street

Multi-family investment property with 8 apartments. Renovated in 2021 (price reflects the completed renovation).

Annual rental income: €38,400

Year built: 1911 / 1965 / 2003 / 2021
Floors: 1–2–3–4
Living area: 463 m²
Residential/commercial units: 8 apartments

Examples:

  • A 1-room apartment of 36 m² is rented for (Cold Rent €275 + €125 utilities) = Warm Rent €400/month (heating included)
  • A 3-room apartment of 78 m² in this building is rented for (Cold Rent €550 + €180 utilities) = Warm Rent €730/month (heating included)

Annual income can be increased to €43,980.

The property enjoys a highly convenient location: just 300 m from the central shopping/pedestrian street and 500 m from the central train station!

Buyer's commission: +4.76% of the purchase price.

Contact seller

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Representative

Maxim
personal manager
Languages: english, german
Show phone number

Company

DEM GROUP GmbH
Popular company
More about the company
Seller
Maxim personal manager

DEM GROUP GmbH

Languages: english, german
Contact seller
 
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