$408,631

This impressive apartment building from the 1920s stands in the middle of the charming district of Plaue, between "Wendsee" and "Plauer See". With its historic appearance, stylistic elements such as stucco decorations and stylish pillars, it exudes the special charm of times gone by - and at the same time awaits a new era. Built around 1925, the building houses five residential units with a balanced mix of 1- to 4-room apartments - ideal for a wide range of living requirements. The former store is used by the tenants of the first floor apartment. Three of the five residential units are currently let and generate rental income of around €1,240 per month (approx. €14,880 per year), with significant potential for growth through targeted renovation and conversion measures. Some of the apartments have balconies or a roof terrace, which pleasantly extend the living experience into the open air. Heating is provided by gas-fired floor heating systems. The inner courtyard is paved and accessible via an electric swing gate - here you will find a double carport, a covered bicycle parking space and a practical outbuilding, which offers plenty of potential for expansion or creative ideas for use. The property is partially in need of renovation, but offers committed investors or owners with vision an excellent opportunity to create living space with style and substance - whether for owner-occupation, rental or as a multi-generational housing project. The location in Plaue an der Havel is impressive due to its popularity, high recreational value and excellent public transport connections. Whether by bus, train or bicycle - you can reach both the countryside and the center of Brandenburg an der Havel in no time at all. Note: As soon as you have completed your contact details, the exposé will be sent to you automatically. Please contact us for further information and a viewing appointment.

Amenities

• Bedrooms: 0
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1925
• Built in 1925
• Home size: 3,638 ft² / 337.98 m²
• MLS: 25165004
• Status: Active