A Brilliant Opportunity - Calm Multiple-Family Dwelling at the Park

Country	Germany
Federal state	North Rhine-Westphalia
District	East of the Rhine river
Estate	Multiple-family dwelling
Year of construction	ca. 1982 + continual remodeling
Living space	ca. 600 m²
Land size	ca. 500 m²
Number of apartments	8
Heating	Gas central heating
Garage car park	Yes
Rental surplus	€ 17.000,-
Net rent p. a.	100 % outside financing, surplus, interest-free credit
Purchase price	€ 580.000,-
Courtage	plus 3,57%

This part of Kalk belongs to the favoured estate areas around the Köln Arcaden. The building is located close to the city centre - various government agencies are seated in the nearby Stadthaus (City House). Several different new building projects in direct vicinities are well received. The state provided interest-free credit allows this young house to generate a yearly surplus of € 17.000,- at 100 % outside financing.