$4,658,327

This impressive ensemble of listed buildings is located in a prime inner-city location in Wiesbaden - an extraordinary property that combines historical architecture with a stable tenant structure. The complex comprises three building sections: the prestigious front building with its stylish old apartments, the versatile rear building with additional residential and commercial space and a renowned cultural institution, which extends over four floors and shapes the cultural character of the property. The buildings are connected by a paved inner courtyard with parking spaces, which rounds off the charming overall appearance of this historic property and ensures that the premises receive plenty of light. The front building impresses with its classic old building architecture; high ceilings with ornate stucco decorations and a spacious room layout create a unique living atmosphere. The 3-room apartments are equipped with a kitchen, bathroom and their own washing machine connection. One of the apartments is currently available for a new tenant, while the other units are let to solid and reliable tenants. The rear building completes the ensemble with an additional apartment, a commercial practice level and a further floor, which is part of the museum. Three studios, one on the first floor of the rear building and two in the inner courtyard, which are let on long-term leases, ensure a creative and inspiring atmosphere within the complex. These also include an adjoining barn/storage area, which offers additional space. The cultural facility, which extends over four floors, is an important part of this property. It not only lends the property cultural appeal, but also underlines its unique character and historical significance. With a current annual net cold rent of 205,861.80, this listed ensemble offers a rare opportunity for investors. In addition, one well-kept unit has not been re-let as part of the sales activities. A basic rental income of around €1,150 can be expected here, meaning that the target annual rental income can be increased to €219,481.80. The mixture of historical substance, cultural significance and long-term tenancies makes this property an investment in history, stability and future security. We look forward to hearing from you!

Amenities

• Bedrooms: 0
• Full Bathrooms: 10
• Partial Bathrooms: 0
• Property Type: Manufactured In Park
• Year Built: 1885
• Built in 1885
• Home size: 8,969 ft² / 833.24 m²
• MLS: 25006003ci
• Status: Active