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

The apartment for sale, which is currently rented out, is located on the 4th floor of an apartment building in an excellent downtown location. The building was constructed in 1968 and underwent a comprehensive renovation in the 1980s. The homeowners’ association is very homogeneous, so all necessary repair and sensible improvement measures are agreed upon unanimously. Approximately three years ago, new triple-glazed soundproof windows were installed. The building has long been managed by a dedicated, professional, owner-managed property management company. A maintenance reserve is available in a satisfactory amount. The building is partly occupied by owners themselves, but mainly by tenants.

The apartment was comprehensively modernized in 2012; during this renovation, the bathtub bathroom was completely renewed and a fitted kitchen was installed. New soundproof windows were also installed about three years ago, and the apartment has always been repainted during tenant changes with minor repairs carried out as needed.

The apartment has always been—and continues to be—well tenanted; apartments of this size and location are highly sought after. Moreover, apartments are generally rented for only a few years, so every tenant change offers the opportunity to optimize the rent.

The current rent is €570 cold, plus an advance payment of €170 for ancillary costs.

The current service charge of €359 consists of approximately €248 in allocable operating costs, around €20 in ongoing repair costs, roughly €20 in administrative costs, and €71 added to the maintenance reserve.

The property is located in an attractive city center right in the heart of Düsseldorf-Friedrichstadt. The main train station and Kö are both reachable on foot in around 10 minutes. Countless restaurants, cafés, and shops of all kinds are also available in the immediate vicinity, all within walking distance.

The apartment comes with a white fitted kitchen from 2012 that includes a sink, stove, oven, and refrigerator. Most tenants find the existing kitchen very attractive, and potential damages to the apartment from kitchen removal and installation during tenant changes are avoided.