| Type | Ground-floor flat |
|---|---|
| Living area approx. | 83 m² |
| Rooms | 3 |
|---|---|
| Bathrooms | 1 |
| Purchase price | 139.000 € |
|---|---|
| Price per m² | 1,674.70 €/m² |
| Commission | 3.57 |
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Are you looking for an investment property or an owner-occupied apartment in a prime location in Magdeburg?
Mr. Morris Rymarczyk from FALC Immobilien Magdeburg is pleased to present you with an attractive real estate offer and is always available to assist you with advice and support.
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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. As it has been designated a one-way street, the location is particularly low-traffic and pleasantly quiet.
The well-maintained apartment building from 1910 is in very good overall condition. Extensive renovation measures were already carried out in the 1990s. In addition, the building was insulated on the rear side, has a gas heating system newly installed in 2024, as well as a well-preserved bitumen roof. The spacious basement offers not only storage space but also practical facilities for washing machines, creating additional living space in the units. A well-kept inner courtyard with a newly built bicycle shelter completes the attractive overall appearance of the building.
The unit on offer is a generously designed 3-room apartment with a living area of approx. 83 m². It impresses with a well-thought-out and functional layout with three well-proportioned rooms. A balcony facing the quiet inner courtyard invites you to relax and offers additional living comfort. Overall, the apartment is in a good and well-maintained condition.
This property offers an excellent outlook for both owner-occupiers and investors. The current cold rent is €520. Given the rising demand and the significantly higher comparable rents in the area, there is attractive potential for rent increases.
Particularly interesting for investors is also the possibility of increased tax depreciation: through a remaining useful life report, an annual depreciation of up to 5.55% can, based on initial assessment, be achieved, which additionally has a highly positive effect on returns.
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.
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