Flat for sale 1 bedroom • 35 m² without real estateHüttenstraße 48 Düsseldorf Friedrichstadt Nordrhein-Westfalen 40215

The apartment for sale, which is rented out, is located on the 4th floor of an apartment building in an excellent city-center location. The building was constructed in 1968 and underwent a comprehensive renovation in the 1980s. The owners’ community is very homogeneous, so all necessary repairs and sensible improvement measures are agreed upon unanimously. For example, new triple sound-insulated windows were installed about 3 years ago. The building has long been managed by a dedicated, professional, owner-managed property management company. A maintenance reserve is available in an adequate amount. The building is occupied partly by owners themselves, but mostly by tenants.

The apartment was completely modernized in 2012; during this renovation, the bathroom with a bathtub was entirely renewed and a fitted kitchen was installed. New sound-insulated windows were also installed about 3 years ago, and the apartment has always been repainted and had minor repairs carried out when tenants changed.

The apartment has always been well rented—apartments of this size and in this location are very popular. In addition, apartments are usually rented only for a few years, meaning each tenant change offers an opportunity for rental optimization.

The current rent is €570 cold plus €170 advance payment for additional costs.

The current service charge of €359 consists of approximately €248 in allocable operating costs, about €20 in ongoing maintenance costs, roughly €20 in management fees, and €71 for the maintenance reserve contribution.

The property is located in an attractive city-center area in the heart of Düsseldorf-Friedrichstadt. The main train station as well as the Kö (Königsallee) are reachable on foot in about 10 minutes. Countless restaurants, cafés, and shops of all kinds are also within walking distance.

The apartment comes with a white fitted kitchen from 2012 equipped with a sink, stove, oven, and refrigerator. Most tenants find the existing kitchen very attractive, and damages to the apartment are avoided by leaving the kitchen in place during tenant transitions.