Munich - Best location Lehel
sold

Apartment building: Midcentury jewel with 10 units and great potential

In an excellent location, only a few steps away from Maximilianstraße, this property from the late 1950s presents itself. The facade reflects the style-defining aesthetics of those years, which are currently experiencing a revival in architecture. The symmetrical surface structure, the characteristic glass fronts of the store unit, the design of the metal gate and vertical plaster elements transfer pioneering concepts of the Bauhaus era into post-war modernism.

The property, which has already been partially renovated and excellently maintained, presents itself as a five-story building with a fully developed roof. Currently, the house is divided into nine apartments and a store. Seven 1- to 2-room apartments, each with approx. 35 m² or 48 m², offer optimal rentability. On the 4th floor, two apartments were combined into one apartment of approx. 84 m². The attic apartment with approx. 115 m² and a view over the roofs of the city, which was developed in 2000, is currently occupied by the owners themselves.

In addition, there is a store unit with approx. 11 m² on the first floor and a well-lit hobby room with shower bath in the basement. The total rentable area is approx. 507 m². Two apartments, the attic apartment, the store and the hobby room will be handed over rent-free.

With the addition of an elevator and balconies as well as a refinement of the interior finishing, an apartment jewel in the trendy mid-century style could be developed with manageable effort, which will certainly enjoy great popularity with solvent tenants. The house is not divided according to WEG and is not within the scope of a preservation statute.

Basic data
Property
HS 1331
Property type
Residential/commercial
Construction year
1957
State
partly renovated
Area listing
Land area
170 m²
Living space
approx. 496 m²
Useful area
approx. 628 m²
Commercial space
approx. 11 m²
lettable space
approx. 507 m²
Space and equipment
Equipment
Normal
With a cellar
yes
Commercial units
1
Residential units
9
Purchase price

This property is already sold.

Location

The house is located in a small, charming and absolutely quiet side street in an irretrievable, highly desirable old town location, in the heart of the noble Lehel. The address combines the cosmopolitan flair of Maximilianstraße, which is only a few steps away, with the elegant charm of Lehel in the finest way and meets the highest demands for a top-class urban living environment.

The Bavarian State Opera, the Residenztheater and the Kammerspiele are within easy walking distance, as are the city's most exclusive shops on Maximilianstrasse, Theatinerstrasse and in the Fünf Höfe. Top hotels, restaurants and bars are located in the immediate vicinity. Viktualienmarkt and Marienplatz are also within walking distance. Lehel itself also offers the highest quality of life with individual shops, boutiques, galleries and top gastronomy. Within a short walking distance, the Isar meadows invite you to go jogging, cycling or walking.

With the underground station "Lehel" and the nearby Isartor (S-Bahn, buses and trams), there is an excellent connection to public transport.

Information
Mariannenplatz (line 16, 20, 27, 28, 29, 39) approx. 3 minutes by foot
Mariannenplatz (line 19,17,19, 27, 28) approx. 2 minutes on foot
Lehel (U4, U5) approx. 7 minutes on foot
Isartor (main line), approx. 6 minutes by foot
Munich main station (HBF), approx. 3.2 km by car, approx. 10 minutes by suburban railway (S-Bahn)
Motorway junction 94, approx. 2.4 km by car
Approx. 36 minutes by S-Bahn (Isartor), approx. 37 km via A9 by car
Energy certificate
RIEDEL_energy-bars
Information
Energy certificate type
Consumption pass
Date of issue
15.06.2021
Valid until
14.06.2031
Main energy source
Öl
Final energy demand
179,3 kWh/(m²*a)
Axel Weber
Axel Weber
Head of sales residential/commercial properties
Real estate agent
Markus Riedel
Markus Riedel
Managing Partner
Diplom-Kaufmann
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