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> **A Capital Investment Of A Special Kind**

**A Capital Investment Of A Special Kind**

Cologne, North Rhine Westphalia, 50825, Germany

Property ID: #6833201 // Residential
Traditional Sale
List Price:
USD $3,276,887.13
This amount was converted from the original amount of 3,000,000.00 EUR to USD at the exchange rate as of 2025-03-19 07:02:04 UTC
  • OVERVIEW
  • LOCAL ECONOMY
Icon 2,120.49 ft²
Icon - acres
Icon - beds
Icon - baths
Title:
**A Capital Investment Of A Special Kind**
City:
Cologne
State, Province or Island:
North Rhine Westphalia
Zip Code:
50825
Country:
Germany
Property Type:
Residential
Additional Property Types:
Residential
Year Built:
1914
Property Size:
2,120.49 ft²
Data Source:
Properstar
MLS/Reference Number(s):
104396206
Source Property Type:
House, HouseWithFlats

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Property Information

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This listed apartment building combines historic charm with modern living comfort. The stylish property has been completely renovated and has nine fully let residential units as well as an attractive commercial unit. Thanks to extensive renovation measures, the building offers the highest quality of living with economic efficiency at the same time.
Facilities and highlights:
-Listed apartment building with unique charm
-9 residential units and 1 commercial unit fully let
-Living space approx. 197 m², rental income 7,947 per month
-Commercial unit with an area of approx. 98 m², rental income 1,800 per month
-Total revenue: 116,964 p.a.
-Completely renovated: State-of-the-art technology combined with historical flair
-Efficient use of energy: Fully insulated building
-New underground lines for a long-lasting infrastructure
-Comfortable underfloor heating in all residential units
-Renewed roof truss and new roof tiles ensure sustainable value retention
-Reading of consumption conveniently via radio
-Additional income from washing machine and dryer with approx. 150 per month each
-Bell with camera
Conclusion: This property represents a rare investment opportunity: A fully let, modernly renovated listed building with excellent furnishings and tax advantages. Secure this unique opportunity!
For more information or a viewing, please do not hesitate to contact us.

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2025-02-17 18:04:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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