House for sale • 550 m² without real estateMönchengladbach Innenstadt Nordrhein-Westfalen 41061

Well-maintained multi-family house in the prestigious Gründerzeit quarter “Ost” in Mönchengladbach, renovated, suitable as an investment and/or for personal use – for example, the Belle Etage with its ground-floor office unit featuring a kitchen and a lovely garden with terrace.

For sale is a multi-family house with beautiful old building character, renovated to an upscale standard from 2010 to 2017. It impresses with its historical charm and solid structural condition, combining diverse urban flair with nature both on site and nearby. The building spans 4 floors in total and comprises 4 residential units as well as a ground-floor commercial unit that was used as a gallery/studio with a kitchen and guest WC. This commercial space measures approximately 90 m², has direct access to the terrace and the lovely garden, and offers versatile possibilities for use – be it as an office, a practice, for re-letting commercially, or even conversion into a residential unit (with a barrier-free entrance; current funding program available).

Combined with the 1st floor (owner’s apartment since renovation), high-quality living and working can be realized; for example, a staircase or an elevator could be added from the 1st-floor balcony to the terrace. Three residential units are long-term rented to reliable tenants, and the prime location ensures easy re-letting. The service charge accounting is straightforward, also because there are individual gas heating systems registered to the tenants.

The total living area of the house amounts to approximately 360 m², distributed over 4 apartments – two on the 3rd floor (49 and 35 m²), one on the 1st floor (95 m²), one on the 2nd floor (91 m²) – and the commercial unit on the ground floor (90 m²). Currently, 3 apartments are rented out, which can be used to cover financing needs. The 1st floor and the ground floor are owner-occupied and will be vacant upon sale. This allows for an attractive combination of living and working, multi-generational living, or renting out. At full occupancy (10 €/m²), an interesting factor of 17.5 results.

Each unit is equipped with its own individual heating system (gas, renewed around 2015); the ground floor and the 1st floor are supplied by a heating boiler that was renewed in 2017. A centralized heating system is planned within the city development plan, so no individual measures are necessary. Fiber-optic connections are available throughout the building.

Layout:

All apartments come with a balcony, two of which are covered. The building is fully basemented and has two separate stair accesses. The basement can be subdivided in a variety of ways. The attic, featuring 2 boilers and storage shelves, is easily accessible, with a window providing light to the hallway; a service shaft of about 3.5 m² offers excellent possibilities for renovation work.

Regarding the windows, most of them are very large and extend over entire walls. They are energy-efficient plastic windows with double glazing and are largely equipped with shutters. The living areas feature cork flooring, solid wood parquet, tiles or laminate. The 1st floor has an elaborate, building-physiology-oriented fine plaster with several layers of glaze. The ground floor mostly has white fine plaster.

Three apartments, one of which is furnished, are currently rented for a monthly cold rent of 1,610.00 Euros, with potential for upward market adjustments.

The apartments were renovated in various years (from 2010 to 2017) and are in well-maintained condition, offering a homely, light-filled atmosphere.

Additional highlights of the property include a lovingly designed terrace with a well-planned, low-maintenance garden featuring a fountain.

Energy certificate from 2014, consumption certificate, 181/80 kWh, F; available for viewing.

Available from: by arrangement, currently without broker commission due to direct sale.

Location:

Historic, representative patrician houses are clustered around the beautiful Schillerplatz. Cafés, restaurants, and everything needed for daily life are within walking distance; the area is quiet yet not far from the city center with the Minto shopping center, the train station, the newly redesigned library, all types of schools, and the district of Eicken with its charming pedestrian zone, the Aretzplätzchen, Gründerzeit memories of Borussia, an ice cream parlor, weekly market restaurants, supermarkets/discounters, kindergartens.

Ideal: quiet living while being right in the middle of everything with high mobility. The garden side offers very quiet sleeping conditions, while the moderately trafficked street is equipped with resident parking. The “Bunte Garten” with plenty of nature, nearby tennis and sports clubs, the recreational areas Nette and Schwalmtal, Düsseldorf (S-Bahn), and other towns in the vicinity offer high recreational value. With the nearby train station, commuters are excellently connected with the surrounding region.

Whether for investment or partial personal use – this well-maintained property offers a rare opportunity with numerous possibilities in a central, established location in the popular Gründerzeit-Ost quarter.

Additional features:

- Masonry construction

- Solid construction; roof renewed in 2017

- Front and rear facades painted after 2010

- Entrance areas of the residential units painted after 2010

- Gabled roof with dormers & tiles, interior insulation from 2016

- All apartments have new electrical installations, satellite systems, smoke detectors after 2010

- Each apartment and the ground-floor gallery have been completely renovated after 2010: walls, bathrooms, WCs, windows, tiled floors, parquet flooring, one apartment with laminate, one with biocork

- Pipes, where necessary renewed, including in the service shaft and basement after 2010

- Built-in wardrobes on each floor painted after 2010

- 3 fitted kitchens, with the 1st floor kitchen being high-quality and unused

- Extension (approved and inspected building permit, architect, structural engineering)

- Basement walls plastered around 2010

- Electrical system throughout the house updated in 2015

- Fiber-optic connections

- Energy consumption certificate, F, 181.8 kWh/(m²*a), valid until 2031