Apartment building with garages and parking spaces near Gesundbrunnen Center

The property is a fully leased apartment building from the 1960s with a total of 20 residential units. The apartments are spread across five full stories in two building entrances and are accessed via separate stairwells. Most of the apartments have balconies facing the street. The property is complemented by garages, parking spaces, and separately rented basement storage units, which generate additional rental income. Heating is provided decentrally via gas-fired individual unit heating systems installed in each apartment. As tenants moved in and out, some of the apartments were gradually modernized; in some cases, this also involved replacing the respective water heaters. The supply lines have already been replaced, while the risers are largely in their original condition. In addition, the property has a fiber-optic connection. Overall, the property is in a simple yet well-maintained condition and is characterized by a stable rental situation with fully leased residential, garage, parking space, and commercial spaces. The property is located in the "Badstraße" social preservation zone. "Badstraße" Protected Neighborhood Sought-after residential area Well-maintained property Most apartments have balconies Gas-fired individual heating systems Energy efficiency class E 6 garages and 8 outdoor parking spaces Fully leased Average residential rent: 7.02 EUR/sqm 127383