Property for Sale: Investment (Residential) in City Area, Wuppertal | 1stclass Homes IL

Residential building with a total area of 1,369 sqm in Wuppertal. 

There are 2 flats on 2 floors with a living area of 234 sqm. All flats have a basement. There is also commercial space of 275 sqm in the house. The house is conveniently located in relation to public transport routes and the motorway network. Pre-school, school, medical and banking institutions as well as a variety of shops are within walking distance or a short distance away.

List of Wuppertal’s largest companies and educational institutions whose employees and students are potential tenants:

• Bayer AG – factory and research centre
• Vorwerk AG – white goods and textiles
• Axalta Coating Systems (Du Pont Group), a major manufacturer of automotive coatings
• University of Berg (one of the largest in Germany)
• Wuppertal University of Mining Engineering
• Wuppertal Technical Academy
• European Institute of International Economic Relations
• Higher School of Theology (1935),
• Theological University of Wuppertal-Befel

Profitability present: 7.8%

Present annual income (after utility bills): €38,200