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

The apartment for sale, which is currently rented, is located on the 4th floor of an apartment building in an excellent downtown location. The building was constructed in 1968 and underwent a major renovation in the 1980s. The community of owners is very homogeneous, so that all necessary repairs and sensible improvements are agreed upon unanimously. About three years ago, new triple soundproof windows were installed. The building has long been managed by a dedicated, professional, owner-managed property management company. A properly funded maintenance reserve is in place. The building is occupied partly by owners themselves, but predominantly by tenants.

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

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

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

The current monthly service charge of €297 consists of €227 for management costs (of which approximately €130 are transferable) and €70 allocated to the maintenance reserve.

The property is located in an attractive city center in the heart of Düsseldorf-Friedrichstadt. The main train station as well as the Kö can be reached on foot in about 10 minutes. Countless restaurants, cafes, and shops of all kinds are also within walking distance.

Included with the apartment is a white fitted kitchen from 2012, equipped with a sink, stove, oven, and refrigerator. Most tenants find the existing kitchen very attractive, and liability for damages during tenant turnovers due to removal and reinstallation is avoided.