$709,753

This charming red brick apartment building combines the timeless character of the 1930s with modern living comfort. Built in 1933, it houses four residential units with a total living space of approx. 275.00 m². You can feel the special atmosphere as soon as you enter the house: a spacious, bright staircase leads to the individual apartments, each of which occupies an entire floor. The room heights, combined with large windows, create an airy, light-flooded living atmosphere in all the residential units. This inviting ambience is complemented by beautiful wooden floorboards that lend the rooms warmth and elegance. The apartments vary in size and layout - from two to four rooms and living areas of between approx. 42.00 m² and approx. 88.00 m². The well thought-out floor plans offer optimal use of space, while the open and friendly rooms create a special feel-good atmosphere. The fitted kitchens are both functional and a sociable focal point of the living area. The bathrooms have showers and bathtubs and offer space for relaxing moments. The property currently offers considerable potential for rental growth: the first floor apartment is currently vacant and can achieve an attractive rent level once it is re-let. In addition, the top-floor apartment will become vacant on March 31, which will provide further scope for adjusting rental income in line with the market. The basement apartment is currently unoccupied as renovation work is still pending following water damage. A renovation offer from the company iSOTEC from Kiel is already available and can be viewed if interested. The rent list includes the basement apartment with a net cold rent of approx. 550.00 €. Ongoing modernizations ensure that the house is in a contemporary condition: an efficient gas central heating system from 2019 guarantees a cost-effective heat supply, while the roof was re-roofed and insulated to a high standard in 2015 - an additional contribution to energy efficiency. The house comes with two garages and a parking space, offering convenient parking options. This attractive property offer is rounded off by the spacious garden - a green oasis that allows residents to relax and unwind in the middle of the city. Thanks to the secure long-term rental income and the existing potential for rent increases, this property is ideal as a capital investment. At the same time, it offers owner-occupiers a stylish and light-flooded home with historic charm. Be inspired by this unique apartment building and arrange a viewing today!

Amenities

• Bedrooms: 0
• Full Bathrooms: 4
• Partial Bathrooms: 0
• Property Type: Residential
• Year Built: 1933
• Built in 1933
• Home size: 2,960 ft² / 274.99 m²
• MLS: 25471011
• Status: Active