House for sale • 631 m² without real estateAlbertusstraße 9 Mönchengladbach Innenstadt Nordrhein-Westfalen 41061

Even at first glance, the beautiful Parisian Art Nouveau façade of the building impresses. The house was built in 1910 as the founding building of Heinrich Hoffmann’s company and became the headquarters of the world-famous firm "Van Laack" after World War II.

In recent years, the entire property has been continuously and extensively modernized. For example, a new central gas heating system featuring state-of-the-art condensing technology was installed, new heating, water, and sewage pipelines were laid, and the electrical wiring was upgraded. In 2020, the attic was completely redeveloped, resulting in two planning-approved, bright, and cozy maisonette apartments. The rear façade was re-plastered and painted in 2021, and the courtyard was partially repaved.

Access to the courtyard, which houses 5 garages (some featuring electric roller doors) and 7 parking spaces available to tenants, is gained via a gated, lockable entrance.

A declaration partitioning the rental units for conversion into condominiums is already in place.

All residential and commercial areas of the building are very spacious and stylish – some even featuring stucco ornaments on the ceilings.

On the ground floor, there is a privately run daycare center. A white marble staircase leads to a successfully operating Thai massage business that has been running for over 15 years. The second floor, as well as the two maisonette apartments in the attic, are privately rented to creditworthy tenants.

The annual rental income amounts to €82,920, resulting in an attractive purchase price factor of 17.9% or a return of 5.6% for this exceptionally representative, modern, and centrally located property.

Please also take note of my two other advertised income properties at Bismarckstr. 47 (Scout ID 167794322) and Viersener Str. 116 (Scout ID 167794391). They boast a very good, central yet quiet location, right next to the pedestrian zone "Hindenburgstraße" and the shopping center "Minto".

Please contact me by phone at 0152-28775508. Price negotiations are not desired. Inquiries from brokers are only explicitly permitted if a specific buyer is being presented.