The property
An attractive real estate portfolio is for sale, consisting of three fully leased apartment buildings, each with three residential units. The properties are centrally located in Velbert, adjacent to a commercial lot and just a few minutes’ walk from downtown.
All three buildings were constructed in the early 20th century and each has its own land registry entry as well as associated courtyard and garden areas. These offer tenants additional value—whether as recreational space, a play area, or optional parking space.
The focus is on selling the properties as a real estate portfolio.
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The total leasable living space is approximately 690 m²,
spread across three properties with a total area of approximately 1,181 m²
House No. 26 (left):
Lot size: approx. 194 m² / Small courtyard
Living areas: 86 m² + 92 m² + 89 m² = Total living space: approximately 265 m²
House No. 24 (center):
Lot size: approx. 453 m² / Garage / Large garden
Living space: 55 m² + 55 m² + 55 m² = Total living space: approx. 165 m²
House No. 22 (right):
Lot size: approx. 534 m² / Garage / Spacious garden.
Living space: 84 m² + 92 m² + 85 m² = Total living space: approx. 260 m²
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General Condition & Potential:
Two of the apartments in the middle house (No. 24) have already been modernized (see 360° tour). In the remaining units, some work has been done on the electrical and heating systems.
Nevertheless, these are three existing properties of a certain age, which—like many houses from this era—require comprehensive modernization and renovation.
However, this is precisely where the potential lies: Through targeted investments, you have the opportunity to sustainably increase the value of the properties and optimize rental income in the long term.
This portfolio is ideally suited for forward-thinking investors seeking a property with development potential.
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Viewing & Notes:
We recommend that you first take advantage of our 360° virtual tour, which provides insights into the apartments and stairwells.
Please understand that during an initial viewing, no interior tours of the rented apartments will be conducted. To protect the tenants’ privacy, we also generally refrain from publishing interior photos.
We would be happy to show you the generally accessible areas—such as the basement, stairwell, roof structure, and outdoor spaces including the courtyard and garden—during an on-site appointment.
We will, of course, provide you with detailed information regarding the leases upon request.
property data
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property number
780012645
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property type
apartment building
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place
Velbert
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year of manufacture
1910
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condition
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Rented
Yes
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parking spaces
2
Rooms
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Rooms
31
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balconies
3
areas
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land area
approx.1.181 m²
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living space
approx.692 m²
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Rentable area
approx.692 m²
Prices
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purchase price
698.000 €
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Annual rent is
45.151,56 €
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Annual rent should be
59.800 €
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outside commission
3,57% inkl. 19% MwSt. vom Kaufpreis
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Commission notice
All information is provided to the best of our knowledge. Subject to errors and prior sale. In the event of a successful sale, the buyer shall pay Kartheuser Immobilien a buyer's commission of 3.57% including 19% VAT. The commission is calculated based on the notarized purchase price. This exposé is preliminary information; the notarized purchase agreement alone serves as the legal basis.
energy performance certificate
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Energy performance certificate type
needs assessment
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energy efficiency class
F
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year of manufacture
1910
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Essential energy source
gas
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final energy demand
187kWh / (m²*a)
Facilities
The properties are currently fully let and some are in need of modernization or renovation. You will certainly carry out extensive modernization measures in the future to realize your own wishes and requirements. Therefore, please plan for further investments.
- Gas floor heating
- Decentralized hot water supply
- Windows: predominantly double-glazed plastic windows
- Floor coverings: tile, laminate, PVC, and textile coverings
- Daylight bathrooms with bathtub
- Large gardens (22 and 24)
- Small courtyard (26)
- Balconies (22)
- Two single garages
- Paved driveway
- Dry floors
- Satellite TV
- Fiber optic connections
- Basement
Other information
Don't waste any time—send us your inquiry with your full contact details (name, address, telephone number).
If you are interested, we will be happy to provide you with our complete set of documents for the property. We have all the property-specific documents available at the start of marketing. These include the cadastral map, land register extract, energy performance certificate, floor plans, etc. In addition, we always check our properties for encumbrances, contaminated sites, any outstanding development costs, missing building permits, etc. We thus offer our prospective buyers a sound basis for a confident decision and peace of mind when purchasing.
A little tip in advance: discuss your financing options with your bank before arranging a viewing appointment. This will give you security in your purchase planning and allow you to act quickly when making your purchase decision. Many dreams of owning a home have been shattered because it took too long to clarify the financing afterwards.
Are you thinking about selling your property? We would be happy to advise you, without obligation, on whether a sale is worthwhile or whether renting offers more advantages. In any case, the right price is important when selling. We therefore offer you a free market value assessment of your property by our experts. Just get in touch with us. We look forward to hearing from you!
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