Commercial property in Marl, Germany, 587 m²

Full Description: MFH 44791 Bochum

• Total Area: 587 m²

• Units: 10 apartments

• Year Built: 1966 | Renovated: 2018–2023 (apartment upgrades)

• Heating: Central gas system

Key Features:

• 15 Garages: Located in the rear courtyard, available for rent to both tenants and nearby residents (additional income stream).

• Tenant Profile: A mix of long-term residents and a German company providing housing for its employees, ensuring stable, diversified occupancy.

Financial Performance:

• Current Annual Income: €70,914 (8.97% yield)

• Potential Income: €70,914 (yield remains stable; occupancy already optimized).