Munich - Untermenzing
sold

Investment: High-yield apartment building with potential

The property offered exclusively by us is located in a green, perfectly connected location in the middle of a well-kept residential area. Single-family and two-family houses with ingrown gardens characterize the pleasant, intact environment.

The multi-family house was built in 1973 on a 960 m² sunny south-west plot, the roof was completely rebuilt in 1998.

Currently the house is divided into five well-kept, partly modernized residential units. Four of the units can be taken over freely. The total living space is about 580 m². In addition, there is a beautiful garden, which conveys a park-like charm with its old trees.

With an average market rent of € 16.70, a net rent of € 116,400 p.a. and thus a remarkable rental yield of 3.37% can be generated.

Situated directly on the boundary to Obermenzing and the noble park settlement Hartmannshofen, the offered property enjoys a privileged and family-friendly infrastructure. With the S-Bahn stop "Untermenzing" (S2) only about 4 minutes away on foot and the bus lines 162, 164 and 165 also nearby, there is an optimal connection to the public transport system.

Basic data
Property
HS 1194
Property type
Residential/commercial
Construction year
1973
Modernization
1998
State
neat
Area listing
Land area
960 m²
Living space
approx. 580 m²
Useful area
approx. 918 m²
Space and equipment
Room
17
With a cellar
yes
Residential units
5
Purchase price

This property is already sold.

Location

The offered apartment building is located directly on the border to Obermenzing and the idyllic park settlement Hartmannshofen in a short cul-de-sac, which is designated as a play street and free of through traffic. Low buildings and large, ingrown gardens characterize the pleasant residential environment.

The spacious property is located on a sunny plot with old trees and perfect orientation to the south and west. Particularly noteworthy is the family-friendly infrastructure. The Sprengel elementary school on Haldenbergerstraße (with bound all-day classes and lunchtime supervision) is within walking distance. There are also several daycare centers within walking distance. There are shopping facilities for daily needs on Allacher Straße and Menzinger Straße. The popular Trattoria Menzingers with a cozy garden and the Pizzeria Corretto with a beautiful terrace are within walking distance.

The nearby TSV Moosach-Hartmannshofen offers numerous sports from soccer, tennis and fitness to skiing and curling. As one of the few inner-city landscape conservation areas, the Hartmannshofer Park invites you to go jogging and walking.

Information
Finsterwalderstraße (line 162), approx. 2 minutes on foot
Untermenzing (S2), approx. 4 minutes on foot
Munich main station (HBF), approx. 9 km by car, by S-Bahn (S2) approx. 17 minutes
Motorway junction A8, approx. 3 km by car
approx. 32 minutes by car
Energy certificate
RIEDEL_energy-bars
Information
Energy certificate type
Consumption pass
Date of issue
11.02.2013
Valid until
10.02.2023
Year of construction Heating
1998
Final energy demand
152 kWh/(m²*a)
Markus Riedel
Markus Riedel
Managing Partner
Diplom-Kaufmann
Spencer Hippe
Spencer Hippe
Site manager Nymphenburg and Gräfelfing
Real estate agent
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