Residential and commercial building divided into separate land registry entries near Kranoldplatz

Built at the turn of the century, this residential and commercial building impresses with its excellent location, well-maintained condition, and continuous modernization. It consists of a front building and a transverse building, which are accessed via a shared staircase. The side wing was added in the late 1970s. The property comprises a total of eleven residential units and one commercial unit in the basement. The furniture store, which has been established for many years, is a prime example of the commercial location's sustainability. All apartments are rented except for one unit on the second floor, which will become available in August. The apartments are predominantly compact and sought-after 1- to 2-room units. They all have fitted kitchens and parquet or plank floors, and some apartments also have balconies. With the exception of two units, all apartments have been extensively renovated when tenants moved out. The spacious attic apartment with approx. 165 m² of living space and a roof terrace was built in the late 1980s as part of the attic conversion and was last renovated when it was re-let in 2022. In addition, modernization and maintenance measures have been carried out on an ongoing basis: for example, the facade and windows were insulated and replaced at the end of the 1990s. The heating system was replaced by a modern gas central heating system in 2022, and the electrical system and wiring were renewed throughout the property. There are four garages and four additional parking spaces in the quiet courtyard, which are rented separately. Due to the lack of rear buildings, the property benefits from excellent natural light. The property was divided into condominiums in mid-2020, with four units subject to a right of first refusal for tenants. The property is not located in a protected neighborhood. Sought-after residential area Apartments partly extensively renovated Divided according to WEG around 2020 One residential unit vacant Balconies available Gas central heating Energy efficiency class D Attic converted Garages and parking spaces Average rent for residential properties: EUR13.15/sqm Average rent for commercial properties: EUR12.78/sqm 139387