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22-party house consisting of three adjoining houses in Cologne-Mülheim (without commission!)

51063 Köln (Mülheim) – Nordrhein-Westfalen
2.790.000 €
1,208 m²
Living Area
apartment building or investment property
apartment building

An apartment building is for sale, consisting of three adjoining houses with a total of 22 residential units. A certificate of completion is already available. The apartment sizes vary between 41 and 84 m2. Four apartments have been merged from two units. However, the entrances to the apartments are still intact, so that they can easily be separated at a later date.

Here is everything at a glance:
▪22 residential units, currently used as 18 apartments, 17 of which are rented out
▪1208 m2 of living space and additional approx. 257 m2 possible through attic conversion
▪Attractive apartment sizes from 41 - 84 m2
▪€147 thousand basic rent (incl. vacant apartment)
▪Most apartments have no heating or are heated by coal stoves; approx. 5 units with electric heating, 1 with oil heating
▪Offer for installation of gas central heating incl. lines/heating radiators available (€ 150 thousand gross)
▪(Significantly) lower remaining useful life for tax purposes possible
▪Current certificate of completion already available

Are you interested in this offer?

Object Number
OM-321800
Object Class
apartment building or investment property
Object Type
apartment building
Handover from
by arrangement

Purchase price & additional costs

purchase price
2.790.000 €
Purchase additional costs
approx. 212,928 €
Total costs
approx. 3,002,927 €

Breakdown of Costs

Purchase price 2.790.000 €
Real estate transfer tax 181,350 € (6.50%)
Notary costs 20,920 € (0.75%)
Land register entry 10,658 € (0.38%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 9,095€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.89%

Details

Condition
well-kept
Number of floors
3
Total area
1465 m²
Other areas
257 m²
Net rental income (target) p.a.
160027 €
Net rental income (actual) p.a.
147349 €
X-times rental income
18.90
Number of units
22
Flooring
laminate, vinyl / PVC
Heating
other
Year of construction
1971
Equipment
basement, shower bath, guest toilet
Infrastructure
pharmacy, grocery discount, general practitioner, kindergarten, primary school, secondary school, middle school, high school, comprehensive school, public transport

Information on equipment

The apartments are in a well-kept condition. Viewings are possible by prior arrangement. In consideration of the tenants, please avoid unscheduled viewings on site. Sale directly via the owner - no estate agent's commission.

Location

The property is conveniently located in Cologne-Mülheim. The center of Cologne is just a few minutes away by car (16 minutes to the main station). There is also a connection to public transportation.

Location Check

Sport
Medizin
Einkaufen
Mobilität
Natur
Restaurants
Nachtleben
Kultur

Energy

Energy efficiency class
E
Energy certificate type
demand certificate
Main energy source
coal
Final energy demand
151.00 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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