House for sale • 631 m² without real estateAlbertusstraße 9 Mönchengladbach Innenstadt Nordrhein-Westfalen 41061

Here is the English translation of the text:

Even at first glance, the beautiful Parisian Art Nouveau facade of the building impresses. The house was constructed in 1910 as the founding building of Heinrich Hoffmann’s company and became, after World War II, the headquarters of the world-famous firm "Van Laack."

In recent years, the entire property has been continuously and extensively modernized. For example, a new gas central heating system featuring the latest condensing boiler technology was installed, new heating, water, and sewage pipelines were laid, and the building’s electrical system was updated. In 2020, the attic was completely redeveloped, resulting in two lawfully approved, bright, and cozy maisonette apartments. The rear facade was re-plastered and painted in 2021, with parts of the courtyard being newly paved.

By means of a lockable gate entrance, one can access the courtyard where 5 garages (some with electric roller shutters) and 7 parking spaces are available to tenants.

A declaration of completion for dividing the rental units into condominiums is already in place.

All the residential and commercial spaces in the building are very spacious and stylish – in some cases featuring stucco ornaments on the ceilings.

On the ground floor, there is a privately run daycare center. A white "Mamortreppe" (a mortared staircase) leads to a Thai massage business that has been thriving for more than 15 years. The second floor, as well as the two maisonette apartments in the attic, are privately rented to solvent tenants.

The annual rental income amounts to €82,920, resulting in an attractive purchase price factor of 17.9 or a yield of 5.6% for this extremely representative, modern, and centrally located property.

Very good, central yet quiet location, right next to the pedestrian zone "Hindenburgstraße" and the shopping center "Minto."

Please call 0152-28775508 for further information.