$1,291,528

A well-maintained apartment building with a commercial unit is for sale on Lübeck's Old Town Island in direct proximity to the water. The building has a store on the first floor with its own access, which is the only commercial unit in the building. This unit is currently vacant and is equipped with a small kitchen and a customer WC. There are a total of seven residential units on the floors above. There are two apartments on both the first and second floors, a larger residential unit on the third floor and two one-bedroom apartments in the converted attic. The apartments are in a well-kept condition and have modern bathrooms and well-maintained kitchens. The living rooms have well-preserved old floorboards, which give the building its historic charm. The windows have already been replaced with modern, triple-glazed models. The entire house is heated by a central gas heating system, which is located in the small partial basement. There is no elevator. A small balcony is accessible from the stairwell on the second floor, which is available to all tenants as a communal bicycle storage area. Both the façade and the roof have already been renovated, meaning that the property is in a solid and well-kept condition overall. The apartment building offers investors an attractive opportunity in a sought-after location.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1900
• Built in 1900
• Home size: 3,907 ft² / 362.97 m²
• MLS: 25091007
• Status: Active