The residential and commercial building was built in the massive construction in 1955 on a 541 sqm plot. In six storeys up an area of 1,208 square meters distributed. Of this, 236 square meters on the commercial space and 900 square meters of living space. The remaining areas are defined at the time as land. In addition, more than 60 parking spaces, both indoors and outdoors.


Since the conversion to the dorm in 2011 the property has been extensively renovated and upgraded. The gas central heating has been completely redone. All windows have insulating glass. All roof surfaces have been revised and, if necessary repaired. The electrical system is in a modern state. The elevator was regularly maintained and working properly. Each of the 45 apartments has been adapted to today's needs and leaves nothing to be desired.


Excellent location in the city of Siegen. Winning is known as a university town nationally and is considered the commercial center of South Westphalia. The city itself counts 110,000 inhabitants. In the direct catchment area is even counts more than 600,000 inhabitants. Dier unemployment rate is below 6%.
The property itself is located in close location to the popular pedestrian street with all the necessary facilities. Public transport is right outside the door. The connection to Highway 45 is less than 300 meters away. Could not be better!


Excellent investment with large rent increase potential!

Top Investment! Student residence in a prime central location of victories




Expose Typ: Anlageobjekt
Wohnraum: 900
Gewerbefläche: 236
Nebenfläche: 72
Objektart: Wohn- und Geschäftshaus
Etagenzahl: 6
Keller: ja
Grundstück: 541
Garage / Stellplatz: 60
Baujahr: 1955
Objektzustand: gepflegt
letzte Modernisierung: 2015
Qualität der Ausstattung: normal
Heizungsart: Gaszentralheizung
Energieausweis: wird gerade erstellt


Kaufpreis: 1.875.000,00
Mieteinnahmen p.a. (Ist): 150.292,00
Provision: 3,57 % inkl. 19% MwSt.