First investment property – renovated condo, solidly rented in an attractive location

In the sought-after location of Essen-Kupferdreh, this charming ground-floor condominium awaits as an uncomplicated investment with substance. In 2023, the unit was almost completely renovated and now presents itself in a modern, well-maintained condition: a new bathroom, timeless tiles, and high-quality vinyl flooring create a harmonious living experience. At the front, the apartment is situated on a pleasantly quiet street, while at the back, the beautiful communal garden offers a view of the well-kept greenery. The apartment is solidly rented for a net cold rent of €387 per month to a reliable, tidy tenant. The house community mainly consists of owners and there is a peaceful coexistence; a new gas central heating system was installed in 2023, and the basement was fully renovated in 2021.