Commercial apartment building in Remscheid, Germany, 1 059 m²

Germany. Remschide. Apartment building in the city center 42859 Remscheid, 1059.53 m2. North Rhine-Westphalia Object ID: 17989 Online viewing Remote purchase 1,100,000 € 1,038/m2 Property type Apartment buildings Year of construction 1920/1959/2008 Floor 1-2-3-4-5 Total area (283.93+775.6)=1059.53 m2 Property status - 1 commercial space and 5 apartments for rent Annual income (actual) 95,000 € (8.63%) Remscheid real estate: Bismarckstrasse, 42859 Remscheid Advantages for investors: 1. Two buildings with different histories: Built in 1956 and 1920/2008, completely renovated 15 years ago. 2. The buildings are dry and in good condition: mildew-free, suitable for use. 3. Updated fire safety systems: increased security for tenants. 4. Various heating options: central gas boiler in house No126a and cafe, individual gas heaters in the apartments of house No126. 5. Fully leased real estate: stable income for the investor with minimal risks of downtime. 6. Availability of commercial premises (cafe): an additional source of income. 7. The area of two buildings (283.93 + 775.6) = 1059.53 m2 8. The price of 1 m2 = 1038.2 euros 9. Annual income from 01.01.2026: 95,000 euros 10. Broker's commission: +5.95% of the value of the property 11. Details on request Main Features: Two buildings: built in 1956 and 1920/2018, completely renovated 15 years ago Condition: dry, mildew-free, in good condition Heating: central gas boiler room in house No. 126a and cafe/pizzeria; apartments in house No. 126 — gas heaters Fire safety: updated systems Rental information: Fully leased Commercial premises: pizzeria restaurant on the ground floor Annual income from 01.01.2026: €95,000 (8.63% per annum). Advantages for the investor: Stable income without downtime Commercial premises increase profitability Buildings are in good condition, with minimal operating costs. We will sell your apartment or house. There is a choice of apartments and houses in various budgets, including commercial real estate