Four residential units under one roof – ideal for owner-occupiers and investors

Key facts

Purchase price & costs

About this house

This historic apartment building offers a wide range of possible uses and appeals to both investors and owner-occupiers. Around 316 m² of living space is distributed across four residential units of different sizes, including two spacious maisonette apartments. The building is situated on a plot of approximately 850 m² and has a double garage with access via Zeller Bergstraße.

The property is particularly interesting for buyers who wish to combine living and renting. The maisonette apartment currently used by the owner offers sufficient space for their own family, while the other apartments can be rented out or used to accommodate several generations. The property is also suitable as a classic apartment building with development potential, as three of the four apartments are currently vacant, allowing individual concepts to be implemented without existing tenancy agreements.

For investors, the property offers the opportunity to develop sustainable rental income through gradual renovation and full occupancy. The calculated annual net cold rent after renovation and full occupancy is approximately €18,960.

The street-facing façade is presented in the Gründerzeit style and is characterized by distinctive clinker architecture with decorative ornamental elements. The combination of red and light clinker bricks, the symmetrical façade design, and the solid natural-stone base give the building a representative appearance. The roofscape with mansard sections and dormer windows emphasizes the historic character of the house.

The apartment sizes range from compact two-room apartments to spacious five-room maisonette apartments. Daylit bathrooms with bathtubs or showers, various floor coverings, and partially modernized areas already provide a solid basis for further adaptations to modern living requirements.

The building has a full basement and, in addition to cellar and storage rooms, offers a heating room and a laundry room. The attic also contains a separate room of approximately 16 m², which can be used in a variety of ways depending on requirements or added to one of the existing apartments. The space is complemented by an unheated attic, which provides additional storage and utility areas.

Various individual measures have already been carried out in recent years. For example, the roof covering was renewed around 2003 with natural slate in the mansard areas and bitumen shingles in the upper roof area. The property is heated by a gas central heating system with a low-temperature boiler dating from 1996. The existing composite wooden windows mostly date from the 1980s; individual windows were replaced later. Future modernization measures should be planned for the electrical and sanitary installations.

An interesting property for buyers who appreciate the character of a historic house and wish to further develop its existing potential through their own ideas and investments.
Have we sparked your interest? Then please feel free to arrange a non-binding viewing appointment with us. We look forward to receiving your inquiry.

Location