{"id":23142,"date":"2026-07-23T10:18:53","date_gmt":"2026-07-23T11:18:53","guid":{"rendered":"https:\/\/www.dem-gruppe.de\/immobilien\/fully-let-multi-family-investment-property-in-prime-essen-altenendorf-location\/"},"modified":"2026-07-23T10:18:53","modified_gmt":"2026-07-23T11:18:53","slug":"fully-let-multi-family-investment-property-in-prime-essen-altenendorf-location","status":"publish","type":"property","link":"https:\/\/www.dem-gruppe.de\/en\/property\/fully-let-multi-family-investment-property-in-prime-essen-altenendorf-location\/","title":{"rendered":"Fully Let Multi-Family Investment Property in Prime Essen-Altenendorf Location"},"content":{"rendered":"<div class=\"paragraph\" dir=\"auto\">Well-maintained, fully tenanted multi-family house with 8 residential units and 2 garages in a sought-after residential area of Essen-Altenendorf. This property combines solid construction quality, stable rental income, and an attractive location with sustainable value appreciation potential \u2014 an excellent opportunity for investors and long-term property owners.<\/div>\n<div dir=\"auto\"><\/div>\n<div class=\"paragraph\" dir=\"auto\"><strong class=\"\">Property Highlights:<\/strong><\/div>\n<div class=\"table markdown-table\" data-v-01af594f=\"\" data-v-3b9ae98b=\"\">\n<div class=\"table-container\" data-v-01af594f=\"\">\n<table data-v-01af594f=\"\">\n<thead data-v-01af594f=\"\">\n<tr data-v-01af594f=\"\">\n<th align=\"left\" data-v-01af594f=\"\">Feature<\/th>\n<th class=\"\" align=\"left\" data-v-01af594f=\"\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody data-v-01af594f=\"\">\n<tr data-v-01af594f=\"\">\n<td align=\"left\" data-v-01af594f=\"\">Property Type<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Tenanted Multi-Family Investment House<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Year Built<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">1973 \/ Core Renovation 2014<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Living Space<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">486.98 m\u00b2<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Plot Size<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">281 m\u00b2<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td align=\"left\" data-v-01af594f=\"\">Residential Units<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">8<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td align=\"left\" data-v-01af594f=\"\">Garages<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">2 (with separate street access gates)<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Floors<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">4 (Ground Floor + Upper Floors + Attic)<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td align=\"left\" data-v-01af594f=\"\">Basement<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Full basement<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Garden<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Spacious communal garden<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td align=\"left\" data-v-01af594f=\"\">Heating<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Gas (individual gas boilers per unit)<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Facade<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Fully insulated<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Ceilings<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Reinforced concrete (excellent sound insulation)<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Annual Net Cold Rent<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">\u20ac58,122.24<\/td>\n<\/tr>\n<tr data-v-01af594f=\"\">\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">Current Yield<\/td>\n<td class=\"\" align=\"left\" data-v-01af594f=\"\">5.81%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<div class=\"paragraph\" dir=\"auto\"><strong class=\"\">Location &amp; Infrastructure<\/strong><\/div>\n<div class=\"paragraph\" dir=\"auto\">The property is situated in the heart of Essen-Altenendorf \u2014 quiet yet central, with excellent infrastructure. Numerous shops, schools, medical practices, and public transport connections are within walking distance. Essen city center is only approximately 3 km away and easily accessible by bus, train, or bicycle.<\/div>\n<div dir=\"auto\"><\/div>\n<div class=\"paragraph\" dir=\"auto\"><strong>Features &amp; Potential<\/strong><\/div>\n<ul>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Solid construction with steel-reinforced concrete ceilings for durability and excellent sound insulation<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Fully insulated facade for efficient energy consumption and comfortable indoor climate<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Functional, well-designed apartment layouts \u2014 sustained demand in the rental market<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Two separate garages with individual access gates \u2014 highly sought-after by tenants<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Medium-term development potential for the garage spaces (not included in current yield calculation)<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Spacious garden serving as a green oasis in an urban setting<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Predominantly long-term tenancies with a stable rental situation<\/div>\n<\/li>\n<li>\n<div class=\"paragraph\" dir=\"auto\">Lease agreements with legally permitted stepped rent (Staffelmiete) for predictable, stable rental income growth<\/div>\n<\/li>\n<\/ul>\n<div class=\"paragraph\" dir=\"auto\"><strong>Buyer&#8217;s Commission:<\/strong> 4.76% of the purchase price incl. VAT<\/div>\n<div class=\"paragraph\" dir=\"auto\">Detailed documentation and further information available upon request.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Well-maintained, fully tenanted multi-family house with 8 residential units and 2 garages in a sought-after residential area of Essen-Altenendorf. This property combines solid construction quality, stable rental income, and an attractive location with sustainable value appreciation potential \u2014 an excellent opportunity for investors and long-term property owners. Property Highlights: Feature Details Property Type Tenanted Multi-Family [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":23128,"parent":0,"menu_order":9,"template":"","property_type":[134],"property_status":[114],"property_feature":[],"property_label":[297],"property_state":[],"property_city":[162],"property_area":[],"class_list":["post-23142","property","type-property","status-publish","has-post-thumbnail","hentry","property_type-commercial-property","property_status-for-sale","property_label-open-house","property_city-essen"],"property_meta":{"copied_media_ids":["a:0:{}"],"referenced_media_ids":["a:0:{}"],"fave_property_bathrooms":[""],"fave_property_bedrooms":[""],"fave_property_rooms":[""],"fave_property_size":["486,98"],"fave_property_size_prefix":["square feet"],"fave_property_land":["281"],"fave_property_land_postfix":["square feet"],"fave_property_garage":["2"],"fave_property_garage_size":[""],"fave_property_year":["1973"],"fave_property_price":["1000000"],"fave_property_price_placeholder":[""],"fave_property_price_prefix":[""],"fave_property_price_postfix":[""],"fave_property_sec_price":[""],"fave_show_price_placeholder":["0"],"additional_features":["a:1:{i:0;a:2:{s:29:\"fave_additional_feature_title\";s:0:\"\";s:29:\"fave_additional_feature_value\";s:0:\"\";}}"],"fave_additional_features_enable":["enable"],"floor_plans":["a:1:{i:0;a:8:{s:15:\"fave_plan_title\";s:0:\"\";s:15:\"fave_plan_rooms\";s:0:\"\";s:19:\"fave_plan_bathrooms\";s:0:\"\";s:15:\"fave_plan_price\";s:0:\"\";s:23:\"fave_plan_price_postfix\";s:0:\"\";s:14:\"fave_plan_size\";s:0:\"\";s:15:\"fave_plan_image\";s:0:\"\";s:21:\"fave_plan_description\";s:0:\"\";}}"],"fave_multi_units":["a:1:{i:0;a:9:{s:13:\"fave_mu_title\";s:0:\"\";s:12:\"fave_mu_beds\";s:0:\"\";s:13:\"fave_mu_baths\";s:0:\"\";s:12:\"fave_mu_size\";s:0:\"\";s:20:\"fave_mu_size_postfix\";s:0:\"\";s:13:\"fave_mu_price\";s:0:\"\";s:21:\"fave_mu_price_postfix\";s:0:\"\";s:12:\"fave_mu_type\";s:0:\"\";s:25:\"fave_mu_availability_date\";s:0:\"\";}}"],"fave_featured":["0"],"houzez_featured_listing_date":[""],"fave_virtual_tour":[""],"fave_loggedintoview":["0"],"fave_preis-pro-m":["4"],"fave_anzahl-der-wohnungen":["8"],"fave_video_url":[""],"fave_property_images":["23128","23129","23130","23132","23133","23141","23134","23135","23137","23140","23138","23131","23136"],"_thumbnail_id":["23128"],"fave_property_zip":["45143"],"fave_property_map_address":["8, Siemensstra\u00dfe, Altendorf, Stadtbezirk III, \u042d\u0441\u0441\u0435\u043d, \u0421\u0435\u0432\u0435\u0440\u043d\u044b\u0439 \u0420\u0435\u0439\u043d \u2014 \u0412\u0435\u0441\u0442\u0444\u0430\u043b\u0438\u044f, 45143, \u0413\u0435\u0440\u043c\u0430\u043d\u0438\u044f"],"fave_property_address":["8, Siemensstra\u00dfe, Altendorf, Stadtbezirk III, \u042d\u0441\u0441\u0435\u043d, \u0421\u0435\u0432\u0435\u0440\u043d\u044b\u0439 \u0420\u0435\u0439\u043d \u2014 \u0412\u0435\u0441\u0442\u0444\u0430\u043b\u0438\u044f, 45143, \u0413\u0435\u0440\u043c\u0430\u043d\u0438\u044f"],"houzez_geolocation_lat":["51.4609016"],"houzez_geolocation_long":["6.9750374"],"fave_property_location":["51.4609016,6.9750374"],"fave_property_map":["1"],"fave_property_map_street_view":[null],"fave_property_id":[""],"fave_private_note":[""],"fave_property_disclaimer":[""],"fave_payment_status":["not_paid"],"fave_agent_display_option":["author_info"],"fave_mortgage_cal":["0"],"_wpml_word_count":["369"],"houzez_total_property_views":["34"],"houzez_views_by_date":["a:14:{s:10:\"07-23-2026\";i:1;s:10:\"07-24-2026\";i:4;s:10:\"07-25-2026\";i:1;s:10:\"07-26-2026\";i:3;s:10:\"07-27-2026\";i:1;s:10:\"07-28-2026\";i:4;s:10:\"07-29-2026\";i:4;s:10:\"07-30-2026\";i:2;s:10:\"07-31-2026\";i:2;s:10:\"08-01-2026\";i:2;s:10:\"08-02-2026\";i:3;s:10:\"08-03-2026\";i:4;s:10:\"08-04-2026\";i:1;s:10:\"08-05-2026\";i:2;}"],"houzez_recently_viewed":["2026-08-05 01:18:04"],"_elementor_page_assets":["a:0:{}"]},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fully Let Multi-Family Investment Property in Prime Essen-Altenendorf Location - DEM GROUP - Real estate in Germany<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dem-gruppe.de\/en\/property\/fully-let-multi-family-investment-property-in-prime-essen-altenendorf-location\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fully Let Multi-Family Investment Property in Prime Essen-Altenendorf Location - DEM GROUP - Real estate in Germany\" \/>\n<meta property=\"og:description\" content=\"Well-maintained, fully tenanted multi-family house with 8 residential units and 2 garages in a sought-after residential area of Essen-Altenendorf. 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