Prestigious investment property in an absolutely central prime location in Mönchengladbach

The highlights:

- Location, location, location
- Prestigious appearance (Parisian Art Nouveau façade, rear side newly plastered)
- Impeccable technical and visual condition due to ongoing modernizations
- Apartments and commercial units have been renovated to a high standard in recent years
- Roof and loft conversion approved under building law in 2020
- 5 garages and 7 parking spaces in the enclosed inner courtyard
- Declaration of completion for division into condominiums is available
- Reputable and reliable tenant structure
- Attractive sustainable rental income: Actual rent = € 80,700 p.a., purchase price factor = 19
- Directly from the owner no broker's commission

This impressive residential and commercial building with a classic sandstone façade in the Parisian Art Nouveau style is the former headquarters of the well-known textile company "Van Laack". The entrance area (including a white marble staircase) and the rented residential and business premises are correspondingly representative and spacious.

On the ground floor there is a small day nursery on 92 m² and on the second floor there is a long-established Thai massage on 165 m². The apartment on the 2nd floor (165 m²) and the two apartments on the top floor and attic (127 m² and 82 m²) are privately rented. In the enclosed inner courtyard, 5 garages, a shed and 7 parking spaces are rented out.

Absolutely central and at the same time quiet location in Mönchengladbach (no through road), directly on the pedestrian zone Hindenburgstraße next to the shopping center Minto and Galeria Kaufhof.