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A home with history - 5-party house in the heart of Cologne-Bayenthal
50968 Köln (Bayenthal) – Nordrhein-WestfalenThis charming apartment building from 1892 (handed down) is located in the popular Bayenthal district of Cologne, a quiet yet central neighborhood with a village-like character and good connections to the city center. The spacious Wilhelminian-style architecture with historic elements such as high ceilings, stucco decorations and the classic façade design give the house its unmistakable old building charm and make it an attractive investment for lovers of historic buildings.
The building has five residential units, some of which are currently rented out. All rental contracts are open-ended, meaning that rent increases are possible within the limits of the law. The building has been regularly maintained and is in a well-kept condition.
The quiet inner courtyard and five garages, which offer additional benefits for tenants or as a separate source of income, are a particular plus. The building is not listed, which makes future conversion or modernization work less complicated.
Are you interested in this house?
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Object Number
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OM-363063
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Object Class
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house
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Object Type
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multi-family house
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Is occupied
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Occupied
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Handover from
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by arrangement
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Purchase price & additional costs
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purchase price
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1.900.000 €
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Purchase additional costs
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approx. 145,730 €
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Total costs
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approx. 2,045,729 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
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Estimated monthly rate: 6,637€
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Details
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Condition
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no information
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Usable area
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96 m²
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Number of garages
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5
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Heating
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oven heating
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Year of construction
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1892
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Equipment
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balcony, basement, fireplace
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Infrastructure
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pharmacy, grocery discount, general practitioner, kindergarten, primary school, high school, public transport
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Information on equipment
The building comprises a total of five residential units, each with its own kitchen and bathroom.
The attic apartment impresses with its exposed half-timbered beams, which combine historical charm with a cozy atmosphere. Ceilings have been suspended in several apartments - some with original stucco, which can be exposed again if required.
Heating is provided by economical pellet and wood/coal stoves, which are both cost-efficient and independent of fossil fuels.
The majority of the windows are modern Thermopen windows with double insulating glazing and ensure good energy efficiency and sound insulation.
The building has four separate cellar rooms that offer additional storage space. There are balconies on the ground and upper floors with views of the quiet inner courtyard, which is directly accessible from the first floor apartment.
The flat roof also offers potential for the construction of a roof terrace (subject to planning permission).
Location
Micro location
The infrastructure in Bayenthal is excellent: Shopping facilities for daily needs, pharmacies and cafés are all within walking distance. The district also offers a variety of kindergartens, schools and sports facilities, making Bayenthal a family-friendly location. Parks and local recreation areas - especially the Rhine promenade - ensure a high quality of life and invite you to go for walks, take part in sporting activities and relax in the countryside. Medical care is also very good: St. Antonius Hospital is located in the immediate vicinity, and numerous general practitioners and specialists are based in the district.
Macro location
Thanks to the excellent transport links, both the city center and the surrounding districts can be reached quickly and easily - ideal for commuters. The A4 and A555 freeways and local public transport make Bayenthal a district with excellent transport links. The region has steadily growing development potential, which makes the location attractive for both living and investment.
Location Check
Energy
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Energy efficiency class
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G
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Energy certificate type
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demand certificate
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Main energy source
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wood pellets
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Final energy demand
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226.20 kWh/(m²a)
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Grundriss Dachgeschoss
Exposé
Miscellaneous
The property comprises a total of five residential units, all of which are currently occupied. Three apartments are rented for an indefinite period, while two are currently used by the owners themselves and will become vacant after the sale. This provides the opportunity to let these two units to new tenants at standard market conditions. In addition, there have been no rent increases on the existing tenancies in the last three years, which
rent increases in the last three years, which offers further potential for increasing income.
The property also includes five garages: one is currently in shared use, another is rented out and three are available for re-letting.
If you are seriously interested in buying, we will be happy to provide you with further documentation on the current rent level and the existing tenancies.
Alternatively, (partial) owner-occupation is also conceivable - for example as a multi-generational solution or a combination of living and renting.
Viewings are possible by individual arrangement. Please understand that we reserve the right to carry out a credit check prior to a viewing.
The sale is commission-free and directly by us as the owner - there is no broker's commission.
All information in this exposé has been carefully compiled by us. However, we cannot guarantee the accuracy or completeness of the information. We reserve the right to prior sale.
Contact: Sophie Fuchs & Sarah Jung
E-mail: samariterstrasse1@gmail.com
Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!
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Offer from: Sarah Jung & Sophie Fuchs
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