| Type | Flat |
|---|---|
| Floor | 1 |
| Living area approx. | 56 m² |
| Year built | 1971 |
| Bedrooms | 1 |
| Available from | sofort |
|---|---|
| Rooms | 3 |
| Bathrooms | 1 |
| Heating | Central heating |
| Fuel type | Gas |
| Condition | Well kept |
|---|---|
| Floors in the building | 3 |
| Purchase price | 210.000 € |
|---|---|
| Price per m² | 3,750.00 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsFor sale is a rented 3-room condominium with 56 m² on the 1st floor in Cologne-Mülheim. The apartment itself has not been renovated and is in its original condition. The unit also includes a basement storage room.
The apartment has been rented since February 2023. The contractual net cold rent is €1,010 per month, equivalent to around €18.00/m².
Comprehensive work on the common property will be carried out in 2026. The building will receive a new heating system and insulation, and the stairwell will be repainted. This means the major expenses for the coming years will be taken care of, and the energy-efficient modernization will improve the apartment’s long-term rental prospects.
The apartment has solid original fixtures and fittings, typical of residential complexes of this kind. The 3 rooms are well laid out, with a kitchen, bathroom and hallway. The apartment also has its own basement room.
The apartment is rented and occupied by the tenant. Its condition is that of a well-maintained rental apartment. An interior viewing is possible by arrangement with the tenant.
The apartment is rented and is being sold as an investment property. Owner-occupation is not envisaged.
The 2026 work on the common property (heating, insulation, stairwell) is included in the purchase price and will be paid for by the seller. The buyer will not be charged a special assessment for this.
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The apartment is located in a quiet residential area in Cologne’s Mülheim district, on the right bank of the Rhine. The neighborhood is characterized by apartment buildings and green spaces.
Public transport stops are within walking distance, and an S-Bahn station is nearby. Cologne city center is well connected by bus and train. The nearby main road provides quick access to the motorway network by car.
Shops for everyday needs, doctors and pharmacies are available nearby. Daycare centers and schools are also close by, making the apartment an attractive option for families as tenants.
Cologne is one of the most sought-after rental markets in Germany. Demand for affordable housing is high, ensuring good and lasting rental prospects.
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