Residential and commercial building with low vacancy rate

The property is a very charming residential and commercial building built around 1908 with 21 residential and two commercial units spread across four full floors and a fourth floor with four apartments in the front building, side wing and rear building. One apartment is currently vacant and in need of renovation. Four apartments still have gross cold rents. The commercial units are a daycare center and a bar. The property is accessed via three stairwells and is in a well-kept condition, both technically and visually. Numerous period details, such as stucco ornaments in the stairwell, historic doors and banisters, are still present. Various units have already been successively renovated when tenants moved out prior to new tenants moving in. Most of the heating is provided by gas floor heating, four units still have stove heating, and in another unit the heating is in the tenant's property. With a few exceptions, modern plastic double-glazed windows have already been installed. Balconies are available on the street side. The top floor was expanded and renovated in 1995. In 2022, the street facade, including the balconies, was renovated. The electrical system is already centralized in the basement. The garbage storage area is located in the well-lit and greened first courtyard. On the second courtyard there is a small playground for the daycare center. The property is therefore in a well-kept and partially renovated condition. The property is located in the area of application of a preservation statute, the "Wilhelmstadt" environmental protection area and in the "Wilhelmstadt" redevelopment area of the same name (simplified procedure). "Wilhelmstadt" environmental protection area Redevelopment area, simplified procedure Quiet residential area Partially renovated Low vacancy rate Individual gas heating and four stove heaters Balconies Converted attic storey Average residential rent: EUR5.43/m² Average rent commercial units: 9,64 EUR/sqm 153454