Munich - Best location Lehel
sold

Apartment building: Midcentury jewel with 10 units and great potential

This property from the late 1950s is in an excellent location, just a few steps away from Maximilianstrasse. The façade reflects the style-defining aesthetics of those years, which are currently experiencing a revival in architecture. The symmetrical surface structure, the characteristic glass fronts of the store unit, the design of the metal gate and vertical plaster elements transfer pioneering concepts of the Bauhaus era to post-war modernism.

The property, which has already been partially renovated and excellently maintained, has five storeys and a fully extended roof. The building is currently divided into nine apartments and a store. Seven 1- to 2-room apartments, each measuring approx. 35 m² or 48 m², offer optimal rentability. On the 4th floor, two apartments were combined to form one apartment of approx. 84 m². The owners currently live in the top floor apartment, which was extended in 2000 and offers approx. 115 m² and a view over the rooftops of the city.

There is also a store unit of approx. 11 m² on the first floor and a well-lit hobby room with shower room in the basement. The total rentable area is approx. 507 m². Two apartments, the top floor apartment, the shop and the hobby room will be handed over rent-free.

By adding an elevator and balconies as well as upgrading the interior fittings, an apartment jewel in the trendy mid-century style could be developed at a manageable cost, which is sure to be extremely popular with solvent tenants. The building is not divided according to WEG and is not within the scope of a conservation statute.

Basic data
Property
HS 1331
Property type
Residential/commercial
Construction year
1957
State
partly renovated
Area listing
Land area
170 m²
Living space
approx. 496 m²
Useful area
approx. 628 m²
Commercial space
approx. 11 m²
lettable space
approx. 507 m²
Space and equipment
Equipment
normal
With a cellar
yes
Commercial units
1
Residential units
9
Purchase price

This property is already sold.

Location

The house is located in a small, charming and absolutely quiet side street in an irretrievable, highly sought-after old town location, in the heart of the noble Lehel. The address combines the cosmopolitan flair of Maximilianstrasse, just a few steps away, with the elegant charm of Lehel at its finest and meets the highest demands for a top-class urban living environment.

The Bavarian State Opera, the Residenztheater and the Kammerspiele are within easy walking distance, as are the city's most exclusive stores on Maximilianstrasse, Theatinerstrasse and in the Fünf Höfe. Top hotels, restaurants and bars can be found in the immediate vicinity. Viktualienmarkt and Marienplatz are also within walking distance. Lehel itself also offers the highest quality of life with individual stores, boutiques, galleries and top gastronomy. The Isar meadows are just a short walk away and are ideal for jogging, cycling or walking.

The "Lehel" subway station and the nearby Isartor (S-Bahn, buses and streetcars) provide excellent public transport connections.

Information
Mariannenplatz (line 16, 20, 27, 28, 29, 39) approx. 3 minutes by foot
Mariannenplatz (line 19,17,19, 27, 28) approx. 2 minutes on foot
Lehel (U4, U5) approx. 7 minutes on foot
Isartor (main line), approx. 6 minutes by foot
Munich main station (HBF), approx. 3.2 km by car, approx. 10 minutes by suburban railway (S-Bahn)
Motorway junction 94, approx. 2.4 km by car
Approx. 36 minutes by S-Bahn (Isartor), approx. 37 km via A9 by car
Energy certificate
RIEDEL_energy-bars
Information
Energy certificate type
Consumption pass
Date of issue
15.06.2021
Valid until
14.06.2031
Main energy source
Öl
Final energy demand
179,3 kWh/(m²*a)
Axel Weber
Axel Weber
Head of sales residential/commercial properties
Businessman for real estate and housing management
Cordula Liebe
Cordula Liebe
Management assistant
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