Residential and commercial building divided by land register with strategic vacancy on Humboldthain

The property is a residential and commercial building constructed around 1900, consisting of 18 residential and five commercial units spread over five full storeys and an attic developed in the transverse building. The commercial units are currently used by a bicycle store, a travel agency, another office, an artist's store on the first floor of the coach house and a studio on the first floor. The space occupied by the bicycle store was terminated on 31.03.2025. The property was divided up in 2020 in accordance with the German Condominium Act, which currently results in nine pre-emption rights for the 18 apartments. The apartments, which all have balconies, are accessed via two very well-kept stairwells decorated with paintings. Numerous old building details in the stairwell and in the apartments, such as decorative stucco ceilings, historic doors and corresponding ceiling heights, lend the property a special charm. The two idyllic, well-lit inner courtyards and the charming brick-built shed with a green roof also contribute to this. Between 2014 and 2018, extensive renovations were carried out on the property and in the apartments. 12 of the 18 apartments were renovated, with the electrics being replaced, the bathrooms and kitchens modernized and the parquet and floorboards refurbished. The stairwells were also refurbished and a lockable bicycle cellar was built. The apartments are heated by a gas central heating system installed in 2022. The property is currently let except for four strategically kept vacant units. There is a convertible attic in the front building with plans from 1995 for three residential units with approx. 148 m² of living space. The property is in a technically good, visually very well-kept condition. The property is not within the scope of a conservation statute. Sought-after location near Humboldthain Attractive apartment sizes Extensive refurbishment in 12 of 18 apartments Very attractive stairwells Balconies Attic in the front building unfinishedAttic in the transverse building largely converted Four strategic vacancies 2020 divided according to WEG 9 rights of first refusal Average residential rent: EUR 11.13/sqm Average office rent: EUR 20.00/m² Average store rent: EUR 9.68/sqm No conservation and milieu protection area 33271