House for sale • 220 m² without real estateKölner Straße 185, , North Rhine-Westphalia

Here is your investment property with 3 residential units centrally located in Frechen.

Property type: Multi-family house

Year built: 1955

Plot size: 321 m²

Living area:

152 m² (excluding the entrance area and utility room of the ground floor)

+ 35 m² newly converted attic

3 units:

-Ground Floor: 3 rooms, kitchen, dining room, bathroom, WC, utility room with storage, 100 m²

-First Floor: 3 rooms, kitchen, dining room, bathroom, WC, loggia, 70 m²

-Attic: 1 room, kitchen, dining room, bathroom, WC, 35 m²

Garden: approx. 60 m²

Orientation: South

Rooms: 8

Number of bathrooms: 3

Guest WC: yes

Parking spaces: 4

Type of heating: Gas heating

Year of heating system: 1995

Energy carrier: Gas

Energy rating: H/373 kWh/(m²a)

The building, constructed in 1955, impresses with its solid construction using reinforced concrete slabs and offers a total living area of about 243 m². All areas are approved, and there are no known environmental liabilities, providing security for you as a buyer.

Currently, the multi-family house is fully rented, ensuring a stable income situation. The current annual net cold rent amounts to 25,578 Euros. In addition, further income potential exists through the rental of five available parking spaces, which can increase the total annual net cold rent to 36,000 Euros. An unoccupied advertising space provides additional opportunities for generating revenue.

The ground floor comprises approx. 100 m² and consists of 2 bedrooms, a living room with access to a terrace that has a conservatory and a south garden, a kitchen, a bathroom with a bathtub, as well as a separate WC.

The first floor features a residential unit of approx. 70 m² with 2 bedrooms, a living room, a bathroom with a bathtub, and a separate WC.

The attic forms the smallest unit with 35 m² and is divided into a living and kitchen area with a bedroom, as well as a bathroom with a tub and separate WC.

The basement offers a laundry room as well as storage rooms.

Additionally, there is at least one dedicated parking space in front of the building for each tenant.

3-family house with rented advertising space

Frechen, with its 53,000 inhabitants, is a city to live, work, and reside in. Located ten kilometers west of the outskirts of Cologne, it offers excellent transport connections in all directions. Whether it is art & culture, sports & leisure, social services, or a relaxing shopping stroll – Frechen has much to offer.

In Frechen, the setting is ideal, and the quality of life is guaranteed. Without a doubt, visitors to this city will quickly experience that Frechen is a Rhineland city. The preservation of traditions is an integral part of leisure activities for a large part of the population. In Frechen, carnival is celebrated as well as the traditional marksmen’s festivals – and this has been the case for centuries. Social services are highly valued in Frechen. A modern hospital and over 70 doctors spread throughout the city ensure medical care. In addition to their educational role, approximately 20 kindergartens and a special needs facility play an important role. The city's excellent senior services are also exemplary.

Frechen is one of the most dynamic economic locations in the Cologne region. This is evidenced not only by the existing manufacturing and research facilities in the lignite, stoneware, and quartz industries.

Studies repeatedly show that Frechen boasts an exceptionally high and varied range of job opportunities as well as a high degree of retail centrality. Renowned, internationally operating companies have established their headquarters or significant branches in Frechen. Working in Frechen means there are also jobs in traditional craft businesses, wholesale and retail, administrative professions, or in manufacturing. The pedestrian zone in the center of the city invites you to shop and relax in a pleasant atmosphere. Shopping here is fun. Centrally located near Cologne, with the motorway and train connections in close proximity.

Important modernizations have already been carried out: The roof was renewed in 2005 and a central gas heating system from 1995 provides the heating. The double-glazed plastic windows from 1970 contribute to energy efficiency, while the electrical system of the house has been partly updated to current standards.