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50668 Köln
Property Description: The building combines residential and commercial areas in a villa style. It spans over three floors with a basement and converted attic. The living area is 149 square meters, with a total area of 188 square meters. It features a duplex apartment, several office units, two balconies, a terrace, and a garage. Originally built around 1895, the building is listed as a historical monument. Extensive renovation and modernization took place around 2009. All units are currently rented out and heated by a Buderus gas central heating system, which also provides hot water. The elevator is currently out of service. Price Thoughts: The listed price for this property in Köln is 2.095.000€, but there is an opportunity to potentially secure a 30% discount on the market value, bringing the price down to 1.466.500€. This property offers a unique blend of residential and commercial spaces in a historic building, making it a valuable investment opportunity. The location in Köln is highly desirable and with the added benefit of potential discounts, this property presents a great opportunity for investors or buyers looking for a unique property with rental income potential.
50668 Köln