Commercial apartment building in Oberhausen, Germany, 686 m²

Germany. Oberhausen. Apartment building. For Sale: Allstadt Süd Oberhausen (NRW, Oberhausen) Price: €900,000 Plot size: 497 m² Total living area: 686 m² Commercial area: 301 m² Number of floors: 4 + developed attic Apartments: 7 residential units (ranging from 48.5 m² to 126 m²), all leased long-term Commercial space: 1 unit (restaurant) Basement: 350 m², including a bomb shelter Ceiling height: 2.7 m to 4.5 m, creating a feeling of space and comfort Year built: 1908 Condition: The building has been regularly renovated and is in good condition Condition Design features: concrete floors, robust architecture, listed building status Heating: central Financial indicators Current annual income: approximately €54,000 Sale price: €900,000 Profitability: approximately 6% Income growth potential: rental rates can be adjusted upwards (up to +15%), increasing the return on investment Tenants All apartments in the building are leased long-term to stable tenants. The ground floor houses one of the city's most renowned steak restaurants, which has been successfully operating in this location for over 30 years. A long-term lease with the restaurant provides a reliable source of income and additional stability. Location and infrastructure The property is located in the pedestrian zone of the central Altstadt-Süd district of Oberhausen. The main shopping street is just 30 meters away. The central station is a 10-minute walk away. Pharmacies, shops, schools, a swimming pool (approximately 300 m), playgrounds, and other city amenities are within walking distance. This location ensures high demand for both residential and commercial rentals. The proximity to public transportation and central city amenities makes the building attractive to both tenants and investors. Property Advantages Prestigious location in the city center. Combination of residential and commercial spaces. Historic architecture (the building is a listed building). Stable tenants and long-term contracts. Potential for rental increase. Good technical condition and regular renovations. We will sell your apartment or house. We have a selection of apartments and houses for various budgets, including commercial properties.