A property with a history and a future
This historically protected residential and commercial building dates back to 1889 and features a Neo-Renaissance-style facade facing the street. The building comprises six residential units and one commercial unit on the ground floor. The total leasable area is approximately 414 m². All units are leased except for one apartment. The attic was converted into living space as early as 2001. The property, which requires partial renovation, offers interesting potential in an urban, highly sought-after location.
- Property
- WGH 167
- Property type
- Residential/commercial
- Address
- Please contact us for further information
- Construction year
- 1889
- Monument protection
- yes
- State
- well-maintained
- Land area
- 200 m²
- Living space
- approx. 330 m²
- Commercial space
- approx. 84 m²
- Equipment
- normal
- With a cellar
- yes
- Residential units
- 6
- Net rent current
- 93.029,76 €/Year
- Net rent market
- 121.183,08 €/Year
- Current net yield
- 3,12 %
- Net yield market rent
- 4,07 %
- Purchase price
- 2.980.000 €
- Buyer's commission
- 3.57% of the purchase price, including VAT
Central, urban, vibrant: The infrastructure in this location is perfect. Shops for everyday needs are right nearby, as is a wide selection of trendy cafés and restaurants. There are several daycare centers in the area, including a Montessori facility. In neighboring Schwabing, there is a Rudolf Steiner School and the City Campus of the Bavarian International School, which includes a kindergarten, preschool, and elementary school.
Maßmann Park, just a few steps away, is a green oasis in Maxvorstadt and offers sports and play areas, a skate park, a beach volleyball court, and a toboggan hill. The English Garden and the Olympic Park are also within easy reach. Maxvorstadt is a lively, creative neighborhood that appeals to a discerning audience. The nearby Kunstareal—home to the Brandhorst Collection, the three Pinakotheken, and the Lenbachhaus—along with the universities and the Academy of Fine Arts, creates a cultural environment with exceptional flair. You can quickly reach Schwabing and downtown Munich on foot or by bike.
We will gladly send you our detailed exposé with a detailed description of the property including planning documents by e-mail and, if desired, also by post.
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