House for sale • 220 m² without real estateKölner Straße 185, , North Rhine-Westphalia

Here is the English translation of the text:

Here is your investment property with 3 residential units, centrally located in Frechen.

Property type: Multi-family house

Year built: 1955

Plot size: 321 m²

Living area:

152 m² (excluding the terrace and utility area on the ground floor)

+ 35 m² of later developed attic

3 Units:

– Ground Floor: 3 rooms, kitchen, dining room, bathroom, WC, terrace with utility room, 100 m²

– Upper Floor: 3 rooms, kitchen, dining room, bathroom, WC, loggia, 70 m²

– Attic: 1 room, kitchen, dining room, bathroom, WC, 35 m²

Garden: approximately 60 m²

Orientation: South

Total rooms: 8

Number of bathrooms: 3

Guest WC: yes

Car parking spaces: 4

Heating type: Gas heating

Year built of the heating system: 1995

Energy source: Gas

Energy performance value: H/373 kWh/(m²·year)

The building, constructed in 1955, impresses with its solid construction featuring reinforced concrete ceilings and spans a total living area of approximately 243 m². All areas are approved, and there are no known contamination issues, offering you security as a buyer.

Currently, the multi-family house is fully rented, ensuring a stable income situation. The current annual net cold rent amounts to 25,578 Euros. In addition, further income potential is available through the rental of five existing parking spaces, which can increase the total annual net cold rent to 36,000 Euros. An unleased advertising space offers additional opportunities for generating income.

The ground floor covers approximately 100 m² and consists of 2 bedrooms, a living area with access to a terrace that includes a winter garden and a south garden, a kitchen, a bathroom with a bathtub, and a separate WC.

On the upper floor, there is a residential unit of approximately 70 m² comprising 2 bedrooms, a living area, and a bathroom with a bathtub and separate WC.

The attic forms the smallest unit at 35 m² and is divided into a combined living/sleeping/kitchen area and a bathroom with a bathtub and separate WC.

The basement offers a laundry room as well as storage rooms.

Additionally, there is at least one dedicated parking space in front of the building for each tenant.

3-family house with a rented advertising space

Frechen, with its 53,000 inhabitants, is a city for living, working, and enjoying life. Located ten kilometers west of the gates of Cologne, it offers excellent transport connections in all directions. Whether it is art & culture, sports & leisure, social services, or a pleasant shopping stroll – Frechen has a lot to offer.

In Frechen, the surroundings are excellent and the quality of life is guaranteed. Visitors to this city will quickly experience that Frechen is a Rhenish city. The preservation of local traditions is an integral part of leisure activities for many residents. In Frechen, carnival is celebrated as enthusiastically as the traditional marksmen's festivals – a custom that has been maintained for centuries. Social services are highly valued in Frechen. A modern hospital along with over 70 doctors practicing throughout the city ensure comprehensive medical care. In addition to their educational mandate, approximately 20 kindergartens and a special education facility play an important role. The city’s outstanding work with seniors is also exemplary.

Frechen ranks among the most dynamic economic locations in the Cologne region. This is evidenced not only by the existing manufacturing and research facilities in the lignite, ceramic, and quartz industries.

Studies repeatedly show that Frechen boasts an exceptionally high and diverse range of job opportunities as well as significant retail centrality. Well-known and internationally operating companies have their headquarters or major branches in Frechen. Working in Frechen also means employment in traditional craft businesses, wholesale and retail trade, administrative roles, or the manufacturing industry. The pedestrian zone in the center of the city invites you to shop and relax in a pleasant atmosphere – shopping here is enjoyable. With its central location near Cologne, there are highway and train connections in close proximity.

Important modernizations have already been carried out: The roof was renewed in 2005, and a gas central heating system from 1995 provides warmth. The double-glazed plastic windows from 1970 contribute to energy efficiency, while the building's electrical system has been partly upgraded to meet today’s standards.