Commercial apartment building in Duesseldorf, Germany, 275 m²

Property Description

It's unlikely any district on the Rhine's left bank has evolved as dramatically as Hörd: from a quiet village to a thriving quarter with towering, high-value new developments. Historic buildings are scarce, rarely renovated or prohibitively expensive, making such properties exceptional market opportunities.

This investment represents a unique prospect:

• A stylish historic building featuring an original stucco facade and ceilings up to 3.30m high.

• Four floors in the main building + two floors in the rear annex.

• Currently configured as six residential apartments.

Comprehensive Renovations (past 9 years):
Apartments • Electrical systems • Heating • Bathrooms

Location Advantages:
Southwest orientation provides all-day sun exposure. Tenants enjoy sunlight:
️ On terraces
️ In the courtyard
️ Through bright, sun-flooded rooms
Ground-floor annex apartment features private entrance.

Investment Highlights:

• All units stylishly furnished → "move-in ready"

• Fully equipped kitchens (Siematic, Nobilia, IKEA)

• Rental history: Zero vacancies (past decade), except during renovations

• Tenant profile: Executives, young professionals, trainees, students

• Proximity to Rhine River & Hörd corporations ensures premium returns

• Marketing: 11+ years without paid advertising (tenants recruit via referrals)

• Untapped potential: Attic expansion possible

Included: All furnishings visible in photos

Technical Specifications
Bathrooms: Mostly renovated (Villeroy & Boch, Duravit)
Systems:

• Siedle intercom

• Updated electrical wiring & distribution panel
  Heating (2012-2020):

• Central high-efficiency Vaillant gas boiler

• Heat cost allocators installed

• Hybrid-ready: Prepped for heat pump integration

• Tankless water heaters

• All apartment radiators/pipes renewed
  Floors: Genuine oak parquet (most units)
  Windows (2022):

• Courtyard side: Double-glazed

• Street side: Triple-glazed soundproof (U-value: 0.95 W/(m²K))

• Wood frames throughout
  Chimneys: Multiple flues available