House for sale • 653 m² without real estateX Köln Nordrhein-Westfalen 50739

Welcome to the million-plus metropolis of Cologne! We are pleased to offer you a unique residential-commercial building in the highly sought-after location of Bilderstöckchen. This property is being sold at 16 times the annual rents, presenting an excellent investment opportunity.

The development in the standard land value in this region is remarkable. From 2013 to 2023, the value increased from €410.00 to €1410.00 per m².

The perfect property for your future:

This residential-commercial building not only offers attractive returns for investors but is also ideally suited for families or young buyers looking to lay the foundation for a secure retirement. The combination of stable rental income, the central location, and the potential for value appreciation makes this property a smart and long-term stable investment.

Take advantage of this unique opportunity to secure your financial future sustainably and benefit from the high quality of life in one of Cologne’s most desirable areas!

Here you will find:

A plot with an area of 645 m² that was constructed as a two-story residential-commercial building in 1959 and is solidly leased.

Great potential for new investors:

In addition to the attractive existing tenancy, this property offers an exceptional development opportunity: There is the possibility to add up to three additional floors with residential units. A feasibility study has already been conducted by a renowned architectural firm to confirm the viability of this expansion. This study demonstrates how additional living space can be created and the income potential of the property significantly increased. Should you be interested, we will gladly provide you with the complete documentation of the feasibility study. Seize this rare opportunity to fully exploit the potential of this property!

The property currently comprises two penthouse apartments and three commercial spaces.

The total living, usable, and storage area amounts to 652.73 m².

The current tenant income amounts to €77,434.44 p.a. net cold rent and has potential for optimization.

Central plot, perfect location, directly located at an underground/S-Bahn station.

The penthouse apartments and shop premises are currently securely leased. All shop premises have long-term graduated lease agreements.

The existing building was restructured in 2018 so that the individual units can later also be sold separately.

The property has always been well maintained and is in a well-kept condition. There is no backlog in maintenance, so no additional investments for repairs are required.

For reasons of discretion, not all details of this property are published online. Further information will be provided upon request.

Discover this extraordinary offer and invest in your secure future in one of Cologne’s best locations!

Bilderstöckchen: Perfect infrastructure, located north of central Cologne. Education is highly valued in this neighborhood. The region scores with families, thanks to the Joseph-Du-Mont Vocational College, a high school, many kindergartens as well as child day care and group child care facilities.

Target groups such as self-employed individuals, employees, and athletes benefit greatly from the large employers in the immediate vicinity such as POST-DHL, RheinEnergie, and Deutsche Bahn. Leisure and local recreation are offered by Blücherpark.

Public transport is located right next to the property:

• U-Bahn station for line 13

• S-Bahn station for line S11

• Bus stops including lines 121, 127, and 147

• Car access is provided via the A57 ramp towards the city center as well as outwards to Dormagen or onto the A1.

The owner kindly requests that you present a current financing certificate/proof in the amount of the acquisition sum, issued within the last two months, prior to a viewing in order to protect your valuable time.

All information is provided without guarantee and is based exclusively on data known to us. We accept no liability for the completeness, accuracy, and timeliness of these details. Errors excepted.

For further information, please do not hesitate to contact us.