Valuable investment in a prime location with subsidy and tax depreciation potential

€895,000
  • ~195 m² Living area
  • ~432 m² Plot surface
  • Construction year 1969

Description

Attention investors and property buyers: We are offering a highly attractive three-unit apartment building in Freising. The property is located in the popular Lerchenfeld district, within walking distance of the railway station and town centre.

Built in 1969 using solid construction methods, the property is in good condition and has been partially renovated. The two apartments on the ground and first floors each comprise three rooms and a balcony, with approximately 75 m² of living space. The attic contains a 42 m² one-room apartment. The first- and attic-floor apartments were extensively renovated approximately two years ago and are in modern condition. All units are rented at market rates. The annual net cold rent amounts to €31,080.

To bring the building up to modern energy standards, the following measures are required:

Thermal envelope

Replacement of the heating system

In addition to increased depreciation allowances, these measures give you access to various subsidies and the option of adjusting the rent.

Special feature: The property has already been legally subdivided, and each apartment has its own land register entry. Upgrading the property and subsequently selling the units individually can therefore be implemented without difficulty.

Features
BalconyBasementGarageGardenTerrace
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Engel & Völkers Freising

Your advisor: Steffen Conze

Property ID: W-0480RH

Property details
  • Object type

    Apartment house

  • Number of Floors

    3

  • Garages

    2

  • Parking spaces

    2

  • Living area

    ~195 m²

  • Plot surface

    ~432 m²

Energy efficiency information
  • Construction year

    1969

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final Energy Consumption

    164 kWh/m²a

  • Type of heating

    Radiator

  • Energy source

    Oil heating

  • Energy includes hot water

    Yes

Location: Lerchenfeld, Freising

The university town of Freising, located around 30 km north of Munich, is one of the oldest towns in Upper Bavaria and boasts a beautiful historic town centre. With its large number of students and families, its population is also among the youngest in Germany. The infrastructure is excellent: three grammar schools offering different specialisations, two intermediate secondary schools, various vocational and technical schools, an extensive range of cultural venues and restaurants, and outstanding leisure and local recreation opportunities make Freising one of the most attractive towns in Bavaria.

The Bavarian state capital Munich can be reached quickly and conveniently in less than half an hour by train, in around 40 minutes by suburban train (S1), or by car via the motorways (A92/A9). Munich Airport is only a few minutes away by bus, train or car.

The property is located in the largest district, Lerchenfeld. The town centre, railway station and the Isar can all be reached within a few minutes on foot or by bicycle.

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