Residential and commercial building in the centre

Residential and commercial building in Troisdorf town centre, located directly on the main shopping street and around 30 metres from the pedestrian area of the shopping street. The building from 1966 with an extension from 1982 has four full storeys, is fully basemented, and the attic space is partly converted; the building is attached on one side within a closed row of buildings.

The ground floor is used commercially as a shop, and the upper floors contain three residential units with living and dining room, kitchen, bathroom and balcony or roof terrace respectively. The property is predominantly let: the first floor is occupied by the owners themselves, while the ground floor and second floor are let and the third floor currently stands vacant; the apartment in the attic space is let but not approved under building law and is therefore not taken into account in the income calculation.

The condition of maintenance is normal apart from identified defects such as traces of moisture in the cellar and ceiling area, an outdated heating plant from 1990 and a roof terrace and attic conversion not approved under building law, for which a flat-rate repair deduction of around 40,000 euros was taken into account. For buyers, the central location with good transport links, as well as the rent increase potential in the currently vacant third floor, offer additional potential.

Wording of the local court, taken from the official auction notice.