House for sale in Koln, Germany

This property, located at 50735 Köln, offers a unique combination of residential and commercial space spanning over one or two floors. Developed as an attached building, it consists of three apartments, a restaurant (that could be repurposed into retail space), and a cellar as well as a roof terrace. The flat areas range from 28-86 m², with a combined living and commercial space of 186/135 m². A spare room is also part of the property, which has a number of issues that require attention. The issues are related to the building's age and the lack of ongoing maintenance. You will need to invest in instandsetzungsarbeiten such as fixing outer wall putty, dealing with dampness in different parts of the ceiling, refurbishing bathrooms, replacing the heating system, fixing defective wall heating elements, and repairing rises in the plaster inside. Considering the location, the overall condition of the building, and the types of units you'll have available for rental, this property is a mixed bag for investment. However, as a lifestyle purchase, it could cater to your needs extremely well, especially if you're looking for a multi-purpose building in an area with plenty of foot traffic. Keep in mind that, at a current asking price of 795.000 €, you may find better investment opportunities elsewhere. If you truly want to pursue this property, consider engaging with the listed phone number (0221-97459790) to explore potential discounts and request more information to make a more informed decision.