Flat for sale 3+1 • 56 m² without real estateKöln Mühlheim Mülheim Nordrhein-Westfalen 51063

For sale is a rented 3-room condominium with 56 m² on the first floor in Köln Mühlheim. The apartment itself is unrenovated and remains in its existing condition. A basement storage room is also part of the unit.

The apartment has been rented since February 2023. The contractual net cold rent is €1,010 per month, which corresponds to approximately €18.00 per m².

Comprehensive measures will be implemented on the communal property in 2026. The building will receive a new heating system and insulation, and the staircase will be repainted. With these major expenditures for the coming years taken care of, the energy modernization will improve the rental prospects in the long term.

The apartment is located in a quiet residential area in the Cologne district of Mülheim, on the right bank of the Rhine. The surrounding area features multi-family houses and green spaces.

Public transport stops are within walking distance, and an S-Bahn station is nearby. Cologne's city center is well connected by bus and train. By car, the nearby main thoroughfare provides quick access to the highway network.

There are shopping facilities for daily needs, as well as doctors and pharmacies in the immediate vicinity. Daycare centers and schools are also nearby, making the apartment attractive for families as tenants.

Cologne is one of the most sought-after rental markets in Germany. The high demand for affordable housing ensures good and lasting rental prospects.

The apartment features a solid existing configuration typical of residential complexes of this kind. The 3 rooms have a good layout, in addition to a kitchen, bathroom, and hallway. A private basement room is included.

The apartment is rented and occupied by the tenant. Its condition corresponds to that of a well-maintained rental apartment. An interior viewing is possible by arrangement with the tenant.

The apartment is being sold as an investment property and will remain rented. Owner occupancy is not intended.

The measures on the communal property in 2026 (new heating system, insulation, and staircase repainting) are included in the purchase price and will be covered by the seller. No special levy will be incurred for the buyer.