Attractive investment property! 4 residential units with car dealership, offices and warehouse!
51107 Köln
Nordrhein-Westfalen
- 2.489.000 €
- Selling Price
- 286 m²
- Living Area
- 10
- Rooms
Information
- Type: Multi-Family House
- Living Area ca.: 286 m²
- Rooms: 10
- Property Area: 941.0
- Bedrooms: 6.0
- Bathrooms: 4.0
Selling Price & Extra Costs
| Selling Price | 2.489.000 € |
|---|---|
| Courtage | 3,57% (3,57% inkl. 19% MwSt) |
About this dream house
Property Description
We are pleased to offer you this exclusive investment property in Cologne Ostheim. The property is a residential and commercial property, which was built in 1950 on a 941 m² plot in solid construction.
The commercial unit, which is fully operational, consists of a car dealership, a warehouse and office space.
The entire open space on the site was newly asphalted in 2020 and the office was completely renovated and modernized.
The exterior façade along the property was newly insulated and the commercial halls were also modernized.
The commercial premises are currently being used by the owner himself and will be vacated by arrangement.
The residential property is divided into four apartments, one of which is a granny apartment and therefore has a separate entrance.
The entire building and all apartments were renovated in 2017 and are in very good condition.
The entire heating system and water supply up to the upper apartments were renewed, fitted with new meters and the drainage pipes in all apartments were replaced.
All supply pipes were separated according to boiler system and renewed.
As the owner himself occupies the first floor apartment and thus the largest apartment with 120 m², there is also the possibility to increase the rental potential or to occupy it himself by agreement.
The current net rental income amounts to €30,120 per year and is made up as follows:
1st floor left approx. 80m² 3 rooms basic rent 1.020€ per month
1st floor right approx. 60m² 2 rooms basic rent 860€ per month
Granny apartment 1 room approx. 27m² basic rent 630€ per month
Please note that the commercial unit and the largest apartment on the first floor are currently used by the tenants themselves and do not generate any rental income.
Potential rental income for the commercial unit €3,800 per month
Potential net cold rental income for the first floor apartment with 4 rooms € 1,700 per month
Potential total rental income for the property €96,120 per year