Commercial apartment building in Koeln, Germany, 619 m²

Germany. Apartment building in Cologne.
Apartment building in Cologne (postal code 51147), 619.77 m² (plot size available upon request)
Property ID: 17569
Online viewing / Remote purchase available
€1,400,000
€2,259/m²
Property type: Apartment building
Year of construction: 1970
Floors: 1–4
Total area: 619.77 m²
Status: Fully tenanted
7 apartments, 3 garages, 1 commercial unit
Actual annual income: €69,000 (~5%)
Prime location within the district!
The building comprises 7 apartments and 1 commercial unit
Includes 3 garages
Central gas heating
Built in 1970 (high-quality reinforced concrete floor slabs)
Well-maintained property
Fully leased out (profitable investment)
Even the basement area is rented out
Annual income: ~€69,000
Buyer's commission: +5.95% of the purchase price.
Details available upon request.
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