House for sale • 251 m² without real estateKartäuserstr. 60, , North Rhine-Westphalia

For sale is a multi-family house built in 1985 with solid masonry construction, located in the attractive central residential area of Bornheim. The property comprises four perfectly designed residential units with a total living area of 256 m². All apartments feature balconies or terraces and have separate basement storage rooms.

Two of the four apartments are currently vacant. This offers you as an investor the rare opportunity to carry out a contemporary modernization immediately and re-let the units at the current Bornheim market rent. The other two units have been partially renovated and are leased on a long-term and reliable basis. Another highlight is the five rear parking spaces, which, in this central location, represent enormous added value and guarantee additional income.

The property impresses with future-proof amenities. For instance, the gas central heating system was renewed in 2021, ensuring long-term operation. All apartments are heated via underfloor heating, which not only maximizes tenant comfort but also renders the property fully “heat pump ready.” A later transition to renewable energy is thus easily possible.

In detail, the house comprises the following residential units:

1) Ground Floor: 4-room apartment, terrace & garden, 96 m², €895 (net cold rent including parking space, rented since 01.07.2022)

2) First Floor: 2-room apartment, balcony, 51 m², €420.75 (net cold rent, including parking space, rented since 01.03.2010, last rent increase on 01.02.2025)

3) First Floor: 1.5-room apartment, balcony, 44 m², currently vacant, unrenovated

4) Attic: 2.5-room apartment, balcony approved, 60 m², currently vacant, unrenovated

The sale is commission-free and is being handled directly by the owner due to the planned dissolution of an heirs’ association. Real estate agent inquiries are not welcome.

Bornheim impresses with its outstanding location in the Rhein-Sieg district – situated right in the economically strong conurbation between Cologne and Bonn and ideally connected regionally via motorways A61 and A555. In addition, KVB lines 16 and 18 provide a regular rail connection to both Cologne and Bonn. The location in the foothills and the proximity to the Rhine guarantee an above-average recreational value. Thanks to the property’s central position near the Bornheim swimming pool, all daily necessities – shops, supermarkets, doctors, pharmacies, as well as all types of schools and kindergartens – are conveniently within walking distance.