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

Below is the English translation of the text:

Groomed multi-family home in the prestigious Gründerzeit-Ost district of Mönchengladbach, renovated, suitable as an investment property and/or for owner-occupation, for example “der Belle Etage” with the ground floor office unit including a kitchen and a beautiful garden with terrace

For sale is a multi-family building with a charming old-style character of high quality, thoroughly renovated from 2010 to 2017. Its historical charm and solid construction impress while combining varied urban flair with nature at the property and in the vicinity. The building spans 4 floors and comprises a total of 4 residential units as well as a commercial unit on the ground floor, which has been used as a gallery/studio with a kitchen and guest WC. This commercial space is approximately 90 m² with direct access to the terrace and the beautiful garden and offers versatile usage options – whether as an office, practice, for new commercial leasing, or conversion into a residential unit (the entrance is barrier-free, and the current funding program can be utilized).

Combined with the 1st floor (owner’s apartment since the renovation), 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 leased to reliable long-term tenants; the prime location makes re-leasing easy. The service charge accounting is straightforward, also because there are gas-fired individual heaters which are registered to the tenants.

The leasable area of the building is approximately 360 m², distributed among 4 apartments: 2 on the 3rd floor (49 and 35 m²), one apartment each on the 1st (95 m²) and 2nd floors (91 m²), and the commercial unit on the ground floor (90 m²). Currently, 3 apartments are rented, which can be used to cover the financing needs.

The 1st floor and the ground floor are owner-occupied and will be vacated upon sale. Here you can attractively combine living and working, accommodate several generations, or rent out. With full occupancy (10 €/m²), an interesting factor of 17.5 is achieved.

All units have their own floor heating (gas, renewed around 2015); the ground floor and 1st floor are supplied by a heating boiler that was renewed in 2017. A central heating supply is planned in the city development plan, so no individual measures are necessary. Fiber optic connection is available throughout the building.

Layout:

All apartments have a balcony, two of which are covered. The building is fully basemented with 2 stair access points. The basement level can be subdivided in various ways. The attic, with 2 boilers and storage shelves, is easily accessible; a window provides light for the hallway, and a service shaft of approximately 3.5 m² offers very good possibilities for renovation work.

The windows, mostly very large and spanning entire walls, are thermal-insulated plastic windows with double glazing and are largely fitted with shutters. The living areas are equipped with cork flooring, solid wood parquet, tiles, or laminate. The 1st floor features an elaborate, building-physiology-oriented fine plaster with several layers of glaze. The ground floor has almost everywhere white fine plaster.

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

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

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

Energy certificate from 2014, consumption certificate, 181/80 kWh, rating F, available for inspection.

Available from: by arrangement, currently without broker’s fee due to direct sale.

Location:

Historic, prestigious patrician houses are grouped around the beautiful Schillerplatz. Cafés, restaurants, and everything for daily needs 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/discount stores, and kindergartens.

Ideal: peaceful living while being right in the midst of everything with high mobility. The garden side offers very quiet sleep, and the moderately trafficked street is equipped with resident parking. The “Bunte Garten” (Colorful Garden) with lots of nature, as well as adjacent tennis and sports clubs, the nearby recreation areas of Nette and Schwalmtal, Düsseldorf (S-Bahn), and other cities in the area provide high leisure value. Due to the nearby train station, commuters are excellently connected to the surrounding area.

Whether as an investment or for partial owner-occupation – this well-maintained property offers a rare opportunity with numerous possibilities in a central prime location with a mature residential environment in the popular Gründerzeit-Ost district.

Further features:

- Masonry construction

- Solid build, roof renewed in 2017

- Facade at the front and back painted after 2010

- Entrance areas of the residential units painted after 2010

- Gable roof with dormers & tiles, interior insulation built in 2016

- All apartments feature new electrical installations, satellite system, and smoke detectors after 2010

- Each apartment and the ground floor gallery completely renovated after 2010:

Walls, bathrooms, WCs, windows, tiled floors, parquet flooring, 1 apartment with laminate, 1 apartment with biocork

- Pipes renewed as needed, also in the service shaft and in the basement after 2010

- Built-in wardrobes on each floor painted after 2010

- 3 fitted kitchens, the one on the 1st floor is high quality and unused

- Extension (approved and completed building work, architect, structural engineer)

- Basement walls plastered around 2010

- Electrical system for the entire building updated in 2015

- Fiber optic connections

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