Attractive investment opportunity in Cologne Mühlheim with a return of over 5.5%.

For sale is a 3-room apartment with 56 m² of living space, located on the 1st floor in Cologne Mühlheim. The apartment itself is in its original condition and has not been renovated. A storage room in the basement is also included.

The apartment has been rented out since February 2023. The monthly net rent (excluding utilities) is €1,010, which is approximately €18.00 per square meter.

In 2026, comprehensive renovations will be carried out on the communal areas. The building will receive a new heating system and insulation, and the staircase will be repainted. These major projects for the coming years are now complete, and the energy-efficient upgrades will improve the long-term rental potential.

The apartment is located in a quiet residential area in the Mülheim district of Cologne, on the right bank of the Rhine. The surrounding area is characterized by apartment buildings and green spaces.

Public transportation stops are within walking distance, and a suburban train station is nearby. The city center of Cologne is easily accessible by bus and train. By car, you can quickly reach the highway network via the nearby main road.

There are shops for daily necessities, doctors, and pharmacies in the immediate vicinity. Daycare centers and schools are also nearby, making the apartment an attractive option for families.

Cologne is one of the most sought-after rental markets in Germany. The demand for affordable housing is high, which ensures good and sustainable rental potential.