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.
The total rentable living space of the three buildings is approximately 690 m² and is distributed across three parcels of land with a total area of about 1,181 m².
Preference is given to selling the properties as a portfolio. Additionally, there is the option to purchase individual houses separately.
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House No. 1 (right) --- Unit price: €290,000
Lot size: approximately 534 m² / garage / spacious garden.
Total living area: approximately 260 m² / currently fully leased / approx. €1,200.00 per square meter per month.
- Ground floor: 84 m², older-style construction from the 2000s, access to the large garden
- Upper floor: 92 m², 1970s-style construction, individual gas stoves (will be vacant as of September 30, 2026)
- Attic: 85 m², older-style construction from the 1990s, balcony, modern heating system
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House No.: 2 (center) --- Unit price: €240,000
Total living area: approx. 165 m² / fully rented / approx. €1,000.00 net rent per month.
Lot size: approximately 453 m² / garage / large garden.
- Ground floor: 55 m², already modernized with a modern bathroom and gas water heater.
- Upper floor: 55 m², older building, last modernized in the 1980s/1990s, old bathroom with modern gas water heater.
- Attic: 55 m², already modernized with a modern bathroom and gas water heater.
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House No. 3 (left) --- Unit price: €250,000
Total living area: approx. 265 m² / fully leased / €1,400.00 net rent per month.
Lot size: approximately 194 m² / small courtyard.
- Ground floor: 86 m², already modernized with a modern bathroom and gas water heater.
- Upper floor: 92 m², traditional construction style with a modern bathroom and gas water heater.
- Attic: 89 m², traditional style with old electric night storage heaters and a modern bathroom.
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General Condition & Potential
Thanks to the virtual 360° tour in the property listing, you can also view the individual apartments.
These are three existing properties of a certain age that—like many buildings from this era—require extensive modernization and renovation.
However, this is precisely where the potential lies: Through targeted investments, there is an opportunity to sustainably increase the value of the properties and further grow rental income over the long term.
This complex is ideal for forward-thinking investors seeking a development-ready investment with long-term potential.
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Viewing & Notes
Please understand that during an “initial viewing,” no interior tours of the rented apartments will be conducted.
We therefore recommend that you take advantage of our 360° virtual tour in advance, which provides you with comprehensive insights into the individual apartments and stairwells.
We would be happy to show you the generally accessible areas—such as the basement, stairwell, and attic—as well as the outdoor areas, including the courtyard and garden, during an on-site appointment.
We will, of course, be happy to provide you with detailed information about the existing lease agreements as the sales process progresses.
property data
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Property ID
780012645
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Object type
Apartment building
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Location
Velbert
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Year of manufacture
1925
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Condition
In need of renovation
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For Rent
Yes
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Camping sites
2
Rooms
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Room
31
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Balconies
3
areas
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Lot size
approx.1.181 m²
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Living space
approx.692 m²
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Leasable area
approx.692 m²
Prices
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Purchase price
749.000 €
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The annual rent is
45.151,56 €
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The 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. Errors and prior sale reserved. In the event of a successful sale, the buyer shall pay Kartheuser Immobilien GmbH a buyer’s brokerage commission of 3.57%, including 19% VAT. The commission is calculated based on the notarized purchase price. This property listing is for informational purposes only; the notarized purchase agreement serves as the sole legal basis.
energy performance certificate
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Energy Performance Certificate Type
Needs Assessment Report
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Energy efficiency class
F
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Year of manufacture
1925
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Major energy source
Gas
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Final energy demand
187kWh / (m²*a)
Facilities
The properties are currently fully leased and some of them are in need of modernization or renovation. You will certainly carry out extensive modernization work in the future to meet your own wishes and standards. Therefore, please plan for additional investments.
- Gas-fired individual unit heating systems
- Decentralized hot water systems
- Windows: primarily double-glazed PVC windows
- Flooring: tile, laminate, PVC, and carpet
- Bathrooms with natural light and bathtubs
- Large gardens (22 and 24)
- Small courtyard (26)
- Balconies (22)
- Two single-car garages
- Paved driveway
- Dry subsoil
- Satellite TV
- Fiber-optic connections
- Basement
Other information
Don't waste any time—send us your inquiry, including your full contact information (name, address, phone number).
If you’re interested in learning more, we’d be happy to provide you with our complete set of documents for the property. We have all property-specific documents available at the start of the marketing process. These include the cadastral map, land registry extract, energy performance certificate, floor plans, etc. In addition, we always review our properties for encumbrances, contaminated sites, any outstanding development costs, missing building permits, etc. We thus offer prospective buyers a solid foundation for making a confident decision and feeling secure about the purchase.
A quick tip beforehand: Discuss your financing options with your primary bank before scheduling a viewing appointment. This will give you certainty when planning your purchase and allow you to act quickly when making a decision. Many dreams of homeownership have already been dashed because sorting out financing took too much time afterward.
Are you thinking about selling your property? We’d be happy to advise you—with no obligation—on whether selling is worthwhile or if renting it out offers more advantages. In any case, setting the right price is crucial when selling. That’s why we offer a free market value assessment of your property by our appraisers. Just reach out to us. We look forward to hearing from you!
