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No fees! Multi-family house in a prime location.

50823 Köln (Ehrenfeld) – Nordrhein-Westfalen
1.520.000 €
226 m²
Living Area
172 m²
Plot Area
Private offer
Apartment building or investment property
Residential and commercial building

Property Description:

The combination of solid rental income and a customizable living unit makes this property highly attractive to both investors and owner-occupiers.

The building is divided into 4 apartments:
Ground floor: Commercial space, 178 m²
1st floor: Apartment, 70 m²
2nd floor: Apartment, 70 m²
3rd floor: Apartment, 86 m², renovated and available for immediate occupancy or rental.

In 1981, the building was converted into a residential and commercial property.
In 1991, the attic was converted into a maisonette apartment.
In 1991, a retail space was added.
In 2006, new toilet facilities were installed in the retail space.
In 2013, a new high-efficiency heating system was installed.
In 2019/2020, extensive modernization work was carried out, including the complete renovation of all bathrooms in the 3 apartments, including the plumbing risers.
In the 1st and 3rd floors, new electrical systems were installed.
In 2021, fire safety measures were implemented, including the installation of a new smoke extraction system and fire doors.

Are you interested in this offer?

Object Number
OM-441577
Object Class
Apartment building or investment property
Object Type
Residential and commercial building
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.520.000 €
Purchase additional costs
approx. 116,734 €
Total costs
approx. 1,636,733 €
Price per m²
3,762.00 €
Operating costs allocated p.a.
10,680 €

Breakdown of Costs

Purchase price 1.520.000 €
Real estate transfer tax 98,800 € (6.50%)
Notary costs 11,876 € (0.78%)
Land register entry 6,058 € (0.40%)
Broker commission 0€ (0%)

* 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

Does this property fit my budget?

Estimated monthly rate: 5,705€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.63%

Details

Condition
Renovated
Year of last modernization
2020
Number of floors
3
Level
3rd floor
Commercial area
178 m²
Total area
404 m²
Net rental income (target) p.a.
61080 €
Net rental income (actual) p.a.
41580 €
X-times rental income
24.88
Number of units
3
Flooring
Parquet, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1986
Equipment
Balcony, Terrace, Basement, Shower bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, High school, Comprehensive school, Public transport

Information on equipment

The apartment on the 1st floor has a 24 m² terrace.
The apartments on the 2nd and 3rd floors each have a 12 m² balcony.
The front of the building is faced with brick.
Important:
No inquiries from real estate agents, please.
Viewings are only possible by prior appointment.
Please only submit serious inquiries from financially stable individuals.
If you are interested, please send a brief introduction (name, background, and financing status).

Location

Location:
The property is located on a quiet one-way street in the central Ehrenfeld district.
The Körnerstraße subway station, with tram lines 3 and 4, is just a 2-minute walk away. Furthermore, the area offers numerous shopping opportunities, cafes, restaurants, and the Neptunbad swimming pool.
Excellent connections to the wider regional transportation network are provided via the A57 motorway.

Location Check

Eating Out
Shopping
Sports
Nightlife
Culture
Child Friendliness
Health
Nature
Public Transport

Energy

Energy certificate type
Consumption certificate
Main energy source
Gas
Electricity consumption value
71.80 kWh/(m²a)
Heating energy consumption value
78.90 kWh/(m²a)

PDF

Miscellaneous

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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