Investment property with top returns: centrally located 2-room attic apartment in Cologne, city center / North Neustadt district.

Attractive, well-designed attic apartment in the Gereonsviertel district. The apartment comprises two lovely rooms, a bathroom, and a hallway. The total floor area, including the sloping ceilings, is 47 square meters, while the living space is 40 square meters. The monthly service charges (Hausgeld) are €312. The apartment includes a storage room in the basement. The built-in kitchen, including appliances, is part of the apartment and will be sold with it.

The current tenancy agreement has been in place since 2016 and has been completely trouble-free. The monthly utility costs (NK) are €627, or €7,524 per year. The monthly advance payment for operating costs is €167. The last rent increase was in March 2023.

Out of respect for the tenant's privacy, we are refraining from publishing interior photos. I would be happy to present the property to you during a personal viewing. You are purchasing the apartment directly from the owner, without any commission.

The property is located in the Gereon district of the northern old town of Cologne. It's situated in the heart of the area, yet on a quiet side street. Several bus and tram lines operate nearby. Within walking distance, you'll find numerous restaurants, cafes, grocery stores, and specialty shops. The Friesen district, with its wide range of offerings, is just a few streets away.