$1,246,515

This impressive apartment building from 1904 combines historical charm with modern living comfort and is located in the sought-after villa district of Gotha - one of the best residential areas in the city. The building was erected in solid brick construction (double-walled with a circulation level between the brickwork) and impresses with its solid substance and energy efficiency. In 2002, the entire building underwent a comprehensive refurbishment. This included: Roof, guttering and roof covering renewed Windows were completely replaced A modern gas heating system was installed All pipes, sanitary facilities and interiors were modernized The listed half-timbered façade was extensively renovated in 2020 and has shone in new splendor ever since. The roof windows were also updated in the same year. In 2024, two high-quality, modern bathrooms were also completely refitted in the apartments - further proof of the well-kept and contemporary condition of the building. The property is currently fully let and therefore offers an immediate, stable source of income. There is also potential to extend the top floor, opening up space for additional living space or a further residential unit - ideal for value appreciation potential. Conclusion An apartment building steeped in history and at the same time equipped with modern facilities, which presents itself as a high-yield and future-proof investment thanks to its excellent condition, its full occupancy and the existing expansion potential on the top floor. Invest in a piece of Gotha history - with excellent prospects for the future!

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1904
• Built in 1904
• Home size: 6,426 ft² / 596.99 m²
• MLS: 25124420
• Status: Active