Modernized 2-room apartment with a balcony/loggia and a stable rental income.

Welcome to a perfectly designed investment property in the popular northern part of Cologne! This attractive 2-room apartment impresses with its efficient use of space, covering approximately 38 square meters, and its excellent condition in terms of maintenance and modernization. Upon entering the hallway, you're immediately struck by the spacious, built-in wall cabinet – a clever storage solution that saves space in the living area. The heart of the apartment is the bright living room, which offers direct access to the cozy loggia, perfect for relaxing outdoors. Comprehensive renovation standard:
• 2015: Extensive modernization of the living spaces, including smooth plastered ceilings and high-quality oak parquet flooring (plank format) for a warm, modern living atmosphere.
• 2024: Modernization of the bathroom, including tiles with a concrete look – modern, stylish, and easy to maintain!
Rental & Investment Potential
This property offers maximum security for investors from day one:
• Solid Rental History: The apartment has been rented to a highly reliable and pleasant tenant for approximately 6 years. There have been no instances of late or missed rent payments throughout this period.
• Current Rental Income: Net cold rent is €415.00 per month (€4,980.00 per year).
• Potential for Rent Increases: The rent offers future adjustment potential within the framework of the Cologne rent index or upon re-renting.

Location Description:
Köln-Mauenheim is one of the charming, established neighborhoods in northern Cologne, offering excellent connections to the city center and the vibrant Nippes district.

* **Recreation & Leisure:** In the immediate vicinity, the green Nordfriedhof cemetery and the Blücherpark offer opportunities for peaceful walks.
* **Infrastructure:** Shops for daily necessities, supermarkets, bakeries, and restaurants are located nearby (in Nippes and Weidenpesch).
* **Transportation:** Excellent connections to Cologne's public transportation network (S-Bahn/tram) and easy access to the A57 and A1 highways. Perfect for commuters and urban singles!