Well-maintained residential and commercial building with development potential on Yorckstraße

The property is a residential and commercial building constructed in 1900, comprising 27 apartments and two commercial units spread across six full stories in a front building and two side wings. The property is accessed via three well-maintained stairwells and is in good condition, both technically and visually. Most of the residential units are heated by individual gas-fired heating systems, while the commercial spaces on the ground floor of the front building and three additional residential units are heated by a central gas heating system. Over the past two years, the facade has been renovated and the windows refurbished. In addition, the stairwells were painted, the basement was refurbished, and three apartments—which are currently vacant—were extensively renovated. A commercial unit of approximately 150 m² on the ground floor on the left was recently leased. A portion of this unit, measuring approximately 46 m², is currently being repurposed for residential use and converted into a residential unit by the current tenant. The apartments in the front building feature stately stucco elements, sanded-down floorboards, and parquet flooring, as well as ceiling heights typical of older buildings—the apartments in the side wings are more modest in design and range in size from 40 to 65 m². The property is predominantly equipped with double-hung wooden windows. The attic has not yet been converted. The common areas are well-maintained and show no apparent defects. The property is located in the "Hornstraße" heritage preservation district. Hornstraße conservation area Sought-after residential area Prestigious front building Development potential Well maintained Gas floor heating (residential) Gas central heating (commercial) Energy efficiency class D Wooden double-glazed windows Attic not converted Average residential rent: EUR6.03/sqm Average rent for commercial space: EUR23,27/sqm 29683