Fully rented apartment building in sought-after residential area near Görlitzer Park

The property is an apartment building built in 1959 with a total of 17 residential units spread over six full floors. The building is in a style typical of the year of construction, an industrialized method of apartment construction with flat roofs. The front building stands on a plot of approx. 776 sqm, the rear part of which is not used economically. It would be possible to construct parking spaces and bicycle parking for additional rental income. The property is accessed via a stairwell with a passenger elevator. The apartments are fully rented and heated by gas central heating. The hot water supply is provided by instantaneous water heaters. One unit still has night storage heating. 15 of the 17 apartments have a balcony facing east onto the quiet street. In recent years, the facade has been thermally insulated and the windows replaced, which means that the property is in a well-kept and tidy condition overall. The property is subject to the "Luisenstadt" preservation statute, both in terms of its urban character and to preserve the composition of the residential population. Sought-after residential area Elevator Gas central heating One night storage heater Balconies Spacious property Thermal insulation Fully rented "Luisenstadt" conservation and milieu protection area Average residential rent: EUR6.93/m² 13387