Commercial apartment building in Duesseldorf, Germany, 899 m²

Germany. Dusseldorf. Apartment building in the city center. Apartment building in Germany, in the very center at 40211 Dusseldorf, on request m2 (land 171 m2) Object code: 17960 Online viewing Remote purchase 3,500,000 €/m2 Object type apartment buildings Year of construction 1969/2025 Floor 1-2-3-4 Total area on request m2 Object status leased Number of rooms 34 apartments Annual income (actual) on request € Annual income (possible) on request € Full description: Mehrfamilienhaus (apartment building) Year of construction: 1969 Modernization: 2025 Number of apartments: 34 Total living area: 899 m2 Plot: 171 m2 Heating type: gas Property properties: The center of Dusseldorf, Worringer Straße is an area with high rental activity After complete modernization, higher rental potential 34 apartments allow flexible management of profitability Potential for short—term Valuation: The estimated market value may vary depending on the following parameters: Current and potential rental yields, Quality and scale of modernization, Status of tenants (whether all are rented, short-term or long-term rentals), Maintenance and utility costs. Estimated estimate (2025): Multiplier for MFH in the center of Dusseldorf: ~22-28x annual net rent (net Kaltmiete) If the apartments are rented at a price of ~15 €/m2, then the potential annual income is: 899 m2 × 15 € × 12 months = ~161,820 € / year Net - let's say ~140,000 € after expenses → Minimum estimate = 140 000 € × 25 = 3 500 000 € Real estate market price: = 3,500,000 € Commission for the buyer: +3.57% of the value of the property, including 19% VAT. Details on request. We will sell your apartment or house. There is a choice of apartments and houses in various budgets, including commercial ones.