House for sale • 544 m² without real estateKöln Worringen Nordrhein-Westfalen 50769

This apartment building is located in Cologne-Worringen and offers a total of 6 residential units. With an annual net cold rent of approximately €65,000, the building offers an attractive return for investors.

The total floor area of the apartment building is about 544 m², while the plot area is approximately 1,222 m². Consequently, the building provides ample space for residents and creates a pleasant living atmosphere.

The gas heating system dates from 2016.

On the plot, it should be checked to what extent new construction is feasible.

The house offers expansion possibilities at both the front and the rear, independent of the potential for new construction – see the floor plan.

The property was built in 1972 in a 2.5-story, solid construction.

The very marketable apartment sizes range between 60–120 m² and have an ideal layout as follows:

• Ground floor and upper floor with balcony

• 3-room apartment

• 2-room apartment

Attic Maisonettes:

• 2 apartments with 3–4 rooms

Attic space (converted attic): each consisting of a studio.

Additionally, the apartment building features a fully developed basement with a laundry room.

The property also includes a garage and several parking spaces;

garden plot with a solid house/bungalow.

The apartments are very well-maintained.

2. Apartment Building – 4 residential units; one storage room; 4 garages.

Built in 1972, well-maintained condition, 300 m² of living space and an additional approximately 20 m² storage area.

Cold rent income approximately €47,000

Purchase price €1,150,000

Ground Floor: 2-room apartment with kitchen, hallway, bathroom, with terrace and garden as well as a storage room.

Upper floor: all units have 4 rooms; two separate toilets; one bathroom; kitchen; hallway with bathroom and a storage room. 2 out of 3 units have a balcony.

The second property has the following potential: an expansion of living space in the attic of up to an additional 70–90 m² + another approximately 80–100 m² in the basement and ground floor.

Property 1: €1,300,000

Property 2: €1,150,000

NO INTEREST IN CONTACTING REAL ESTATE AGENTS, NOT EVEN THROUGH THIRD PARTIES.