Exclusive mandate | Top-maintained old building owned by architect

Description

Top-maintained old building from architect's estate
3 full floors + converted attic | 4 parking spaces behind the property

Large plot appears suitable for redensification* in accordance with §34 BauGB.
*A separation of the rear part of the property (approx. 500 m²) as well as the construction of a new single-family house or a small town villa seems possible.
The price/m² as well as the purchase price factor and the yield were calculated minus the standard land value for the rear, separable part of the plot.

5 units have been completely renovated in recent years
Electrics renewed, plastic windows with triple glazing
String renovation and installation of cold water meters in 2019/2020
Roof was thermally insulated in 2021 - up to 30 cm in some cases
5 apartments have graduated rental agreements | approx. 3% annual increase
Gas floor heating | decentralized hot water preparation

Miscellaneous

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Disclaimer; all information is based on information provided by the owner, errors and intermediate purchase or rental reserved.