Fully leased residential and commercial building in Oranienburg

The property is a residential and commercial building constructed in approximately 1913, located on a plot of land measuring approximately 965 m² and characterized by a classic building structure typical of the period in which it was built. The complex comprises a total of 14 residential units and two commercial units, which, depending on the part of the building, extend over two to three full floors and, in the front building, over four full floors and a partially converted attic. Access is via a well-maintained and prestigious staircase. The property is in good condition and has been well maintained, both visually and technically. The apartment floor plans are functional and, with one to three-room apartments, correspond to a marketable and sustainably demanded apartment structure. Heating is provided by individual gas heaters and a modern gas central heating system, which was renovated in 2019 and thus meets current technical requirements. As part of a comprehensive renovation in 2001/2002, key technical systems in the building were modernized to a high standard. These include the renewal of the underground pipes, risers, electrical installations, and windows. In recent years, further value-enhancing measures have been implemented, including the renovation of the rear façade, the design and functional upgrading of the courtyard area, and the modernization of several residential and commercial units. The two commercial spaces are located on the ground floor and have an attractive street-side location with good visibility and sustainable rentability. In addition, there is potential for expansion, particularly through an extension and the completion of the attic conversion, which are feasible. At mid-year, rent increases are possible in various units, which promise additional income of approximately EUR10,000 JNKM. Sought-after residential area in Oranienburg French balconies available Stucco available Attic partially converted Energy efficiency class D Fully let Average residential rent: 9.89 EUR/sqm Average commercial rent: 13.73 EUR/sqm O12471