Secure investment: Modernised apartment building from 1931 with nine attractive apartments
This exclusive yield property offered by us is a five-story residential house in the style of the 1930s. Large mullioned windows with white flaps and a striking portico characterize the view of the house. The back of the building opens to a completely screened and absolutely quiet inner courtyard with old trees.
Due to modernization and renovation measures the building shows itself in a very good condition. The staircase was restored true to the original. An elevator is not available.
The nine units of the property are currently all rented to solvent tenants. The house and the tenants have been looked after by a competent manager for many years, who would also be available to assist a new owner. The property has not yet been divided into individual ownership units.
Currently, the rental income is 97,152 € p.a. (14.24 € / m²), which corresponds to a yield of about 2.44%.
- Property
- HS 1045
- Property type
- Residential/commercial
- Construction year
- 1931
- Land area
- 328 m²
- Living space
- approx. 564 m²
- With a cellar
- no
This property is already sold.
Nymphenburg with the Wittelsbach Palace and its magnificent parks is one of the top residential areas in Munich. With its historic buildings and the avenues with old trees, it offers the best, high-class living and quality of life in the immediate vicinity of the city center.
The classic old building offered exclusively by us is located only a few steps away from the "Hirschgarten", one of the most popular beer gardens in Munich. The surrounding streets are lined with trees; ingrown gardens characterize the image of this pleasant, mature neighborhood. The nearby Romanplatz offers everything for daily needs: supermarket, dry cleaner, organic bakery, pharmacy, post office and bank. Nice cafes and restaurants (including the new restaurant Mozzamo) are also available in the area.
Buses and the streetcar run at Romanplatz. Streetcar line 17 goes to the main train station in just under 10 minutes, line 12 to Rotkreuzplatz with subway connection in a few minutes. The S-Bahn station "Laim" (main line) is also within walking distance. The airport is about 35 minutes away by car.
- Energy certificate type
- Consumption pass
- Date of issue
- 12.02.2008
- Valid until
- 11.02.2018
- Main energy source
- Erdgas leicht
- Final energy demand
- 138 kWh/(m²*a)
