Charming old building apartment with bay window & balcony in a sought-after location in Magdeburg-Stadtfeld Ost

Key facts

Purchase price & costs

About this apartment

Please pay attention now!

Are you looking for an investment property or an owner-occupied apartment in the best location in Magdeburg?

Mr. Morris Rymarczyk from FALC Immobilien Magdeburg is pleased to present you with an attractive property offering and is always available to advise and assist you.

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Does the first impression appeal to you?

Then feel free to take an online viewing first.
After a short registration, full access will follow by email. For your information, due to the 3D perspective, the rooms generally appear somewhat smaller than in reality on site.

https://tour.ogulo.com/Ba1I

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This great 3-room old building apartment is located in one of Magdeburg's most sought-after residential areas – in the popular district of Stadtfeld Ost. Matthissonstraße impresses with its unmistakable old building charm: lined with stylish Wilhelminian-era houses and characterized by historic cobblestone paving, it conveys a quiet yet urban living atmosphere. Due to its designation as a one-way street, the location is particularly low in traffic and pleasantly quiet.

The well-maintained apartment building from 1910 presents itself in very good overall condition. Extensive renovation measures were already carried out in the 1990s. In addition, the building has been insulated on the rear side, has a newly installed gas heating system from 2024, as well as a well-preserved bitumen roof. The spacious basement offers, in addition to storage space, practical facilities for washing machines, thereby creating additional living space in the units. A well-kept inner courtyard with a newly built bicycle shelter rounds off the attractive overall appearance of the building.

The offered unit is a generously laid out 3-room apartment with a living area of approx. 88 m². It impresses with a well-thought-out and functional floor plan with three well-proportioned rooms. Particularly noteworthy is the spacious, light-filled living room with its characteristic bay window, which gives the room a special quality of living. A balcony facing the quiet inner courtyard invites you to relax and offers additional living comfort. Overall, the apartment is in good and well-maintained condition.
Both for owner-occupiers and for investors, this property offers an excellent perspective. The current net cold rent is €570. Given the rising demand and the significantly higher comparable rents in the surrounding area, there is attractive potential for rent increases.

Also particularly interesting for investors is the possibility of increased tax depreciation: through a remaining useful life report, an annual depreciation of up to 5.55% may, at first assessment, be achievable, which additionally has a tremendously positive effect on the return.

Overall, this is a value-stable property with development potential in one of the best locations in Magdeburg – ideal for anyone who wants to combine classic old building charm with sustainable investment security.

Location