High-yield, 4-unit property in a central location in Bornheim – "Heat pump ready," and no commission fees.

For sale is a multi-family house built in 1985 using solid construction methods, located in a desirable and central residential area of Bornheim. The property features four perfectly designed apartments with a total living area of 256 m². All apartments have balconies or terraces and separate storage cellars. Currently, two of the four apartments are vacant. This presents a rare opportunity for investors to immediately carry out a modern renovation and re-let the units at current market rates in Bornheim. The remaining two apartments are reliably rented on long-term leases after partial renovation. Another highlight is the presence of 5 outdoor parking spaces at the rear, which represent a significant added value in this central location and guarantee additional income. The property is impressive due to its future-proof features. For example, the gas central heating system was renewed in 2021, ensuring long-term operation. All apartments are heated via underfloor heating. This not only maximizes comfort for tenants but also makes the property fully "heat pump-ready." A transition to renewable energy sources is therefore easily possible at a later date. In detail, the property comprises the following living units:
1) Ground Floor: 4-room apartment with bathroom and balcony, terrace and garden, 96 sqm, €895 (net cold rent, including parking space, rented since 01.07.2022)
2) First Floor: 2-room apartment with bathroom and balcony, 51 sqm, €420.75 (net cold rent, including parking space, rented since 01.03.2010, last rent increase 01.02.2025)
3) First Floor: 1.5-room apartment with bathroom and balcony, 44 sqm, vacant, not renovated.
4) Attic: 2.5-room apartment with bathroom and approved balcony, 60 sqm, vacant, not renovated.

The sale is commission-free and directly from the owner due to the planned dissolution of a joint inheritance. No inquiries from real estate agents are desired.

Bornheim is distinguished by its excellent location in the Rhein-Sieg district – directly within the economically strong urban area between Cologne and Bonn, and it enjoys ideal regional connections via the A61 and A555 motorways. In addition, lines 16 and 18 of the KVB (Cologne public transport company) provide regular rail connections to the two major cities of Cologne and Bonn.

Its location in the foothills and its proximity to the Rhine guarantee an above-average quality of life.

Due to the central location of the property near the Bornheim swimming pool, all essential shops, supermarkets, doctors, pharmacies, as well as all types of schools and kindergartens are conveniently accessible on foot.