Detached, rented two-family house, solid capital investment Wachtberg-Gimmersdorf

Detached two-storey house from 1964 with 2 three-room apartments + full basement, which has been converted into a living space on the valley side. There is still a small expansion reserve in the attic. In total almost 200 m² + 2 garages on a plot of approx. 565 m². NOT SUITABLE FOR OWN USE !!!

The house has a solid structure with concrete ceilings and a stone staircase leads up to the attic, which has not yet been completed. The exterior masonry consists of 30 cm pumice hollow blocks, which are known for their good thermal insulation and pleasant indoor climate. The house is well maintained and has been repeatedly modernized, e.g. with double-glazed windows and in 2017 with the installation of a new condensing gas heating system. Final energy requirement according to energy certificate 150.79 kWh (m²*a).
Asking price: € 329,000

The net rental income amounts to approx. € 16,000 plus allocation of all operating and ancillary costs and has not been increased for some time. The rental payments are made on time and there are no defaults or disputes.

It should be noted that the rental contracts are automatically transferred to the buyer in accordance with the German Civil Code (BGB). As both tenants have lived in the house for a very long time and wish to continue living there, the house is not suitable for owner-occupation.

The property is located in the district of Gimmersdorf in a pleasant green location. Gimmersdorf borders on the center of Berkum with its school and shopping center, to which it is now directly connected by a 2 km long bicycle path.
There are bus connections to the Berkum bus station with transfer options and to Bad Godesberg-Mehlem with rail links to Cologne, Koblenz and the Eifel region.