Description

This classic early 20th-century building is part of a well-maintained residential complex. It consists of a front building, a side wing, a rear building, and a transverse wing—each opening onto beautifully landscaped and green inner courtyards.

The complex comprises a total of 28 residential units and 2 commercial units, spread over five floors. The roof was extended and, during the comprehensive renovation works carried out in 2000 and the following years, numerous major upgrades were implemented, including:

• complete renovation and extension of the roof
• installation of new PVC windows
• installation of a central gas heating system with hot water supply
• replacement of all water and wastewater piping
• modernization of the electrical system up to the individual apartment distribution panels
• refurbishment of the common stairwells
• landscaping and enhancement of the inner courtyards

The apartment is located on the fifth and top floor of the side wing and rear building, accessible from Zionskirchstraße. It offers a living space of approximately 126.50 m² and is laid out as follows: spacious open-plan living area with kitchen and access to the terrace; two bedrooms, one with an en suite bathroom and view of the quiet inner courtyard and a second bedroom with guest bathroom, accessible from the living area; practical storage room.

The apartment has been rented since 2012, with an annual rental income of approximately €17,350.00. In the event of a sale, the tenant is entitled to a statutory 10-year protection period against termination.

Features

• Top location
• Rented
• Wooden floorboards
• New roof construction 2000
• Balcony / terrace
• 3.3 % yield