| Type | Block of flats |
|---|---|
| Living area approx. | 571 m² |
| Bedrooms | 8 |
| Rooms | 24 |
|---|---|
| Bathrooms | 8 |
| Plot area | 780 m² |
|---|---|
| Usable floor area | 640 m² |
| Purchase price | 430.000 € |
|---|---|
| Price per m² | 753.09 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072194
This attractive apartment building represents an interesting investment with long-term development potential. Originally constructed in 1908 and listed as a historic monument, the building is situated on a plot of approximately 780 m² and has a total living area of approximately 571 m². The property comprises a total of eight residential units, including an attractively converted maisonette apartment in the attic. Attractive outdoor areas with four balconies, a terrace and a well-maintained garden at the rear of the property offer residents additional living comfort and underscore the property’s high quality of living.
In 1998, the building underwent extensive renovation in accordance with historic-preservation requirements, with an investment volume of around DM 1.6 million. Great importance was placed on preserving the historic building fabric and on high-quality workmanship. The result is a successful combination of representative Gründerzeit architecture and modern living comfort, which continues to define the property’s distinctive character to this day.
The property currently generates annual net cold rent of approximately €29,047. Following termination of the lease for the attic apartment on the left as of 31 July 2026 and the simultaneous re-letting of the attic apartment on the right, which has been vacant since May 2026, as of 1 August 2026, the annual net cold rent will amount to approximately €28,363 from August 2026. The maisonette apartment in the attic on the left, which will become vacant, with approximately 113 m² of living space, gives the future owner the opportunity to re-let it at current market conditions or alternatively use it personally. With full occupancy, potential annual net cold rent of approximately €34,447 can be achieved, allowing additional rent-increase potential to be realized.
The combination of listed historic building fabric, high-quality comprehensive renovation, attractive apartment sizes and existing development potential makes this apartment building a compelling investment opportunity. Investors benefit from a solid income base, additional value-creation opportunities and a sustainably attractive property in a sought-after residential segment.
Due to historic preservation restrictions, no energy certificate is required.
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