House for sale in Koln, Germany

Property Description This building combines residential and commercial areas in a villa style. It spans over three floors with a basement and converted attic. The living space is 149 square meters, with a total floor space 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 renovations and modernizations 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 property is listed for €2,095,000, with the possibility of a 30% discount on the market value, bringing the price down to €1,466,500. This presents a great opportunity for potential buyers to acquire the property at a discounted price. Additionally, there are no notary fees or agent commissions involved in the purchase. This property offers a unique combination of residential and commercial spaces in a historical building, making it a desirable investment opportunity. Consider reaching out for more information on this property and other similar listings in our monthly real estate auction catalog.