House for sale • 388 m² without real estate, North Rhine-Westphalia

Well-maintained multi-family house in a central residential area – Commission-free directly from the owner

The apartment building in Overath-Immekeppel impresses with its solid structure, attractive location, and stable rental income. This presents an excellent opportunity for capital investors and other investors alike. It is also possible to use the property as a multi-generational house.

With 388 m² of residential and commercial space spread over 3 floors, this property offers a variety of usage options – a high-yield investment opportunity as well as partial owner-occupation of both residential and commercial areas.

The building was constructed in 1968 and sits on a 463 m² plot. The property has been well maintained over time and impresses with its overall excellent condition.

In particular, the excellent transport links and infrastructure, as well as the proximity to Cologne, make the property an attractive and solid investment.

In Immekeppel, you will find many important facilities for everyday needs, such as banks, restaurants, hairdressers, bakeries, and a gas station. Additional shopping opportunities are available in the neighboring Untereschbach, which offers supermarkets and discount stores.

The primary school and several kindergartens are located within walking distance.

A doctor and a veterinarian are also reachable on foot.

Conveniently located, Immekeppel offers quick access to motorway A4 towards Cologne/Olpe in about 3 minutes by car. The bus stop—providing connections to Bergisch Gladbach, Rösrath, and Lindlar as well as to the local train stations in Cologne for regional trains and trams—is approximately 50 meters away.

Additionally, Immekeppel provides various sports opportunities, an active community life, and a nature-oriented lifestyle with plenty of leisure options such as hiking, mountain biking, and horseback riding. Your four-legged friends will also find plenty of space to run.

Key data:

- Well-maintained multi-family house with 388 m² of residential and commercial space

- Purchase price: €695,000

- Annual net rental income: approx. €42,000

- Rent multiple factor: 16.54

- Commission-free directly from the owner

- Plot size: 463 m²

- Solid structural condition, built in 1968

- 5 residential units (306 m²) plus commercial space (82 m²)

- The commercial unit features a fully equipped restaurant, air-conditioned, with a kitchen and restroom facilities; furnishings are included in the purchase price

- 6 parking spaces and 1 garage

- Gas central heating completely renewed in 2020

- Plastic windows with double glazing and shutters

- Basement with additional storage space

- Well-maintained garden

- Energy certificate dated: May 16, 2025

- Energy certificate valid until: May 16, 2035

- Convenient transport connections to Cologne