Old building charm with yield and expansion potential

For sale is a high-yield multi-family house built in 1920.

The property consists of 5 residential units with a total living/usable area of approximately 315 square meters.
Four of these units are located in the main building at Kölnerstr. 186 and are fully rented. One additional unit is located in the courtyard and is currently being renovated.
The facade, the staircase, and all four units in the main building have already been modernized and renovated, including new bathrooms and built-in kitchens.

All units are currently rented, and the monthly net cold rent amounts to approximately 5100 euros.

The property is fully basemented. The basement consists of a utility room with meters and connections for utilities, as well as a laundry room, a drying room, and a large storage room with tenant storage compartments.
The property is free from building restrictions and environmental contamination.

The city of Krefeld is located on the left bank of the Lower Rhine. The A44 and A57 highways connect Krefeld with Düsseldorf, Mönchengladbach, Cologne and the Ruhr region.

Düsseldorf airport can be reached in approx. 20 minutes, Krefeld main station in approx. 5 minutes, the general public transport connections are very good.

The Kölner Straße of the city of Krefeld is located to the south of Krefeld city center, bordering Fischeln to the south, Krefeld-Oppum to the east and the city center to the north.

The property on offer is located in the immediate vicinity of the HELIOS Klinikum and the Niederrhein University of Applied Sciences, and all the daily necessities are within walking distance.