$1,479,397

Listing currency: €1,420,000

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Köln, Germany 51103

VON POLL COMMERCIAL presents you this residential & commercial building in the lively district of Vingst in Cologne.The immediate proximity to stores for daily needs and the optimal connection to public transport make this residential location particularly desirable.Overall, this property offers a good quality of living due to the functional layout of the rooms.The residential and commercial building with a full basement was built in 1974 in a massive construction and has three full floors, a stacked floor with a generous sun balcony and additional ancillary areas in the basement area.The property is already divided into partial ownership and is offered as a complete package.The property area is 207 m². The property has a total of 406.21 m² rentable area and is divided into 4 residential units with a total area of about 210 m² and a commercial unit on the ground floor and basement with a total area of about 197 m².The commercial space is leased to a Turkish café on a long-term basis with a 10-year lease. It is divided into a spacious store area with 122.57 m² and office and ancillary areas in the basement.On the 1st floor of the building there are two 1-room apartments of approx. 35 m² each, on the 2nd floor and on the staggered floor there is a 3-room apartment of approx. 70 m² each. The 35 m² apartments are ideal for singles and couples, the 70 m² apartments are occupied by young families.Overall, the property has been continuously maintained, but renovation measures must be taken into account in the future. For example, the apartments have received new bathrooms in 2017 and are bright and friendly. Power lines and windows were renovated in 2000. The house is heated by a gas central heating.The total annual rental income is currently 57,000 EUR (4,750 EUR / month). Since no rent increases have been carried out for a long time, there is potential here for the future.Due to the nearby city parking lot, there are sufficient parking spaces for tenants and visitors in the direct vicinity.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Condo
  • Home size: 2,249 ft2 / 208.94 m2
  • MLS: 2141018A1
  • Web ID: G2GT4U
  • Status: Available

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 221 - 42 30 25 25
  • +49 221 - 42 30 25 25 (Office Phone)

Contact VON POLL IMMOBILIEN Köln – Commercial

Contact Agent

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