Residential building with development potential

The property is a residential building constructed around 1900. As a corner block, it comprises two front blocks, in which a total of 17 flats are distributed across four full storeys and the partially converted attic. The property is accessed via two newly renovated stairwells and is in a basic technical condition but visually in good order. Traditional features such as the stairwells with their historic doors and the typical ceiling heights are still present. The flats are heated by individual gas-fired radiators, whilst hot water is supplied by instantaneous water heaters. Connection to the district heating network is, in principle, possible. The flats feature wooden floorboards and laminate flooring. Most of the windows are double-glazed wooden frames, though some plastic windows have also been fitted. The bathrooms are tiled. In recent years, the street-facing façades have been refurbished and the roof covering replaced. Furthermore, four flats have been extensively modernised. This involved renewing the electrical wiring, fitting new PVC windows and updating the bathrooms to contemporary standards. One vacant flat is currently being refurbished. The gas pipes, electrical risers and the waste water and fresh water pipes were replaced as part of the GDR reconstruction programme in the late 1980s. In addition, the attic has been partially converted. The basement appears to be free of defects. The property is not situated in a regeneration area, but falls within the scope of the preservation by-law designed to safeguard the composition of the resident population, the 'Langhansstraße' neighbourhood protection area. Neighborhood Conservation Area Sought-after residential area High development potential Gas-fired individual heating systems Original architectural details present Double-hung wooden windows and some plastic windows Attic partially converted Low vacancy rate Average rent approx. 6.58 EUR/sqm 132852