Modernized investment property near the Deutzer Hafen, with significant long-term development potential.

For sale is an exceptionally stable and already thoroughly renovated investment property in Cologne-Poll: 2 interconnected multi-family buildings with 9 residential units, 2 garages, and 9 parking spaces – fully let, with not a single day of vacancy (except during renovation work) or rental arrears in over 12 years. The current annual net cold rent is €98,220, with a realistic potential for increase of 15-30% in the coming years.

Features & Condition:
7 out of the 9 residential units have been completely renovated:
new electrical and water pipes, new floors, new interior and exterior doors, freshly plastered and sanded walls, and completely new bathrooms. The stairwells of both buildings have been completely renovated, and the exterior doors have been replaced with new ones. The gas central heating system, which was completely newly installed in 2023, reliably and cost-effectively serves both buildings. Only the windows have not yet been replaced – this represents the only remaining potential for improvement, which could also simultaneously improve the energy efficiency rating. Hot water is provided locally.

The 9 residential units:
3 ground floor apartments, each with approximately... 80 square meters of private garden and terrace.
4 apartments on the top floor with large balconies.
2 attic apartments.
Apartment sizes range from 62-87 square meters.
All units are permanently rented.
Layout of the individual apartments:
Building No. 5: 6 units
- Ground floor, left, 4 rooms: approximately 87 square meters
- Ground floor, right, 3 rooms: approximately 76 square meters
- 1st floor, left, 4 rooms: approximately 87 square meters
- 1st floor, right, 3 rooms: approximately 76 square meters
- Attic, left, 3 rooms: approximately 62 square meters
- Attic, right, 3 rooms: approximately 62 square meters
- Storage room: approximately 9 square meters
Building No. 7: 3 units
- Ground floor, 3 rooms: approximately 75 square meters
- 1st floor, 3 rooms: approximately 75 square meters
- Attic, 3 rooms: approximately 62 square meters

In the basement, located under the buildings, there are 2 large storage rooms, a laundry room for 3-4 machines, a boiler room, 1 large storage room, and 10 additional rooms. The roof is in good condition. The pathways leading to the two buildings have been newly paved. On both sides of the pathways, there are lawn areas and flower beds in the front garden. What sets this property apart:
- Annual net cold rent: €98,232
- Immediate proximity to the Deutzer Hafen, a major development project in Cologne.
- 12 years of zero vacancy, zero rent arrears, and low tenant turnover.
- New heating system installed in 2023 – no investment required in the foreseeable future.
- 2 garages plus 9 parking spaces, which is very important given the shortage of parking.
- 3 apartments with their own small gardens – highly sought after and difficult to find.

Cologne Poll offers peaceful, green living with excellent access to the city. The Pollerwiesen park and the Rhine are easily accessible on foot. A large children's playground is located nearby.

Shops for everyday needs (Aldi, Lidl, bakeries, etc.) are readily available in the neighborhood.

The city center of Cologne is just a few minutes away by car, tram line 7, or bus 159.

There is a wide range of educational institutions, including several kindergartens, daycare centers, primary schools, and secondary schools.

A key factor in the property's value: The location is very close to the Deutzer Hafen, Cologne's largest urban development project. A new, mixed-use urban district is being created on 38 hectares, directly on the Rhine. The development agreement has been finalized, and the project is underway. Experts anticipate a further significant increase in the value of the surrounding neighborhoods.