Apartment building with easily rentable floor plans in a central and quiet location in Ehrenfeld

Information

Selling Price & Extra Costs

About this dream house

Property Description

This apartment building in Cologne-Ehrenfeld represents an attractive investment opportunity for investors focusing on sustainable appreciation and optimization potential. Built around 1950 using solid construction, the mid-terrace house has a total living area of approx. 211.184 m², distributed among six compact residential units. The sought-after apartment sizes appeal to a broad target group of tenants and provide excellent conditions for consistently stable rentals.

The building is situated on a plot of approx. 138 m² and was extended by a rear extension in 1980. The roof was also renewed in the same year. A terrace and an inner courtyard with bicycle storage facilities enhance the quality of living and represent additional advantages in the urban residential environment. A historic vaulted or laundry cellar, dating back to 1908, usefully complements the available space.

Measures already carried out, including painting the façade, replacing the heating system and partially modernizing the bathrooms, form a solid foundation. At the same time, the house’s overall condition, which requires modernization, offers considerable development potential. In particular, modernizing individual apartments and bathrooms, as well as improving energy efficiency, provides the opportunity to sustainably increase the property’s attractiveness and realize existing potential for rent increases.

The combination of the sought-after location, the small-scale residential units, good rentability and existing development opportunities makes this apartment building an interesting investment for investors who are focused on stable returns and appreciation in the long term.

+++Video viewing+++

Please copy this link into your browser to view the video tour: https://youtu.be/4mdEpkgtjHI

Location