Old building charm with yield and expansion potential

For sale is a highly profitable multi-family house built in 1910.

The property consists of 5 residential units with a total living/usable area of approximately 317 square meters.
Four of these units are located in the main building at Kölnerstr. 186 and are fully rented out. One additional unit is located in the courtyard and is currently being used by us as storage space, without renovation. There is potential for development here!
The facade, the staircase, and all four units in the main building have already been modernized and renovated, including the bathrooms and new fitted kitchens.

All units are currently rented out, and the monthly net rent is approximately 4500 euros.

The property is fully basemented. The basement consists of a storage room with meters and connections for utilities. In addition, there is a laundry room, a drying room, and a large basement room with storage spaces for the tenants.
The property is free of any building restrictions or 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.