Modern 3-room condominium with balcony & underground parking space in prime location of Monheim - Baumberg

This well-kept and high-quality modernized 3-room condominium is located on the 2nd floor of a quiet apartment building with a total of 20 residential units spread over two entrances. The building was constructed in 1992 and is in very good overall condition.

With a living space of approx. 84.5 m², two bathrooms - one of which is en suite - a spacious balcony and a separate underground parking space, the apartment offers both owner-occupiers and investors an extremely attractive overall package.
Apartment & room layout

The apartment impresses with its bright, friendly atmosphere and functional room layout:
-Large living room with direct access to the balcony
-Two further well-designed rooms, ideal as bedrooms, children's rooms or studies
-Two modern bathrooms, one of which is en suite to the bedroom
-Separate kitchen with modern floor and wall tiles
-Spacious hallway with ample storage space

The balcony invites you to linger and offers enough space for seating and plants.

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Equipment & modernization

The apartment was renovated in 2019 and is in a contemporary, very well-kept condition.

Highlights of the furnishings:
-Modern floor coverings in all living areas
-Partially renovated bathrooms with new floor tiles
-Kitchen with new floor and wall tiles
-Renewed switches and sockets throughout the apartment
-Double-glazed wooden windows
-Lockable, spacious cellar room
-Communal laundry and drying room
-Separate bicycle room in the basement

Underground parking space

The apartment has an underground parking space in a neighboring underground car park, which can be purchased as an option. The parking space is currently rented.

The apartment is currently solidly rented and generates the following rental income:
-Cold rent apartment: € 1,025 / month
-Cold rent for underground parking space: € 95 / month

This makes the property suitable both as a stable capital investment and for owner-occupation in the future.

The property is located at Anna-Seghers-Straße 8, 40789 Monheim am Rhein - a highly sought-after residential area.
-Traffic-calmed play street
-No through traffic (quiet residential environment)
-Very good infrastructure with shopping facilities, schools, daycare centers and doctors
-Excellent transport links to Düsseldorf, Cologne & Leverkusen
-High recreational value due to Rhine location, green areas and local recreation