$798,937

VON POLL COMMERCIAL presents this two-storey residential and commercial building in the heart of Cologne Flittard, where the combination of rural charm, Cologne tradition and big city comfort has created an idyllic, green oasis surrounded by industrial giants and modern urbanity.Built in 1949, the building is architecturally a two-storey building. Six residential units with a total living space of approx. 345 m², a commercial unit of approx. 120 m² and three garages are located on the property.The two apartments on the first floor cover approx. 40 m² and approx. 70 m², those on the second floor approx. 65 m² and approx. 70 m² and the two units on the converted top floor cover an area of approx. 40 m² and approx. 60 m².High ceilings and large windows ensure light-flooded rooms and an inviting, airy feeling of space. The bathrooms are fitted with contemporary white tiles. In the renovated apartments, the new flooring is immediately noticeable; high-quality and modern, it conveys a feeling of luxury and makes it easy for tenants to create a beautiful home with the right furnishings. An absolute highlight is the red, well-preserved mantelpiece, which guarantees cozy evenings on the couch during the cold winter months.All six apartments and the commercial space are rented out. This is currently used as a workshop, as a painting company is based there.Instead of bare, dull walls, you are greeted by colorful and aesthetically pleasing murals at the entrance gate, which characterize the entire inner courtyard and ensure a good mood. This is also where the garages are located, two of which are currently vacant, while one is used by the owner.A number of modernizations have been carried out over the years. The electrics are up to date from the 1980s, the roof was renovated in 2008, as was the heating system, where the oil boiler was replaced. In 2021, the windows (double glazing) were replaced in four apartments.The current annual rental income amounts to around €38,640, although there is still considerable potential for rent exploitation. In particular because three apartments still have a flat-rate rental agreement and are not billed here.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Condo
• Home size: 3,713 ft² / 344.95 m²
• MLS: 2341024A1
• Web ID: SQ2B2E
• Status: Available