Large MFH in MS near Buddenturm

The house consists of two separate but connected properties.

Right half of the house. Built in 1958
Heating system renewed in March 2017 to gas condensing systems.
7 apartments (including 1 commercial bicycle store)
Building and open space according to land register 204 m2
Total area of the apartments approx. 486.5 m2
Complete basement
The right half of the house has central heating for all 7 apartments.
Each apartment has its own boiler for the hot water supply (6x gas, 1x electric).
Annual rental income (cold) currently € 80,700 per year (expandable)

Left half of the house. Built in 1913.
Completely gutted and newly extended and insulated in 1988
Heating system renewed in December 2019 to gas condensing system.
2 apartments:
The lower apartment on the first floor has approx. 58 m².
The upper apartment goes over the 1st floor and 2nd floor and has a balcony on the 2nd floor to the inner courtyard side.
There is a high-quality fitted kitchen that opens into the dining area.
This apartment has approx. 130 m²
Building and open space according to land register 73 m²
Of which basement approx. 40 m²

Living space approx. 167.1 m2 (ground floor 57.6, 1st floor + 2nd floor 109.5)
The heating system supplies both apartments with heating and hot water.
Expected rental income (cold) € 34,800 per year
(This half of the house is currently occupied by the landlord)

Inner courtyard 40 m2

Location in a sought-after location within the Promenadenring.

The entire city center is within easy walking distance.
Parking spaces (with resident parking permit) directly opposite.
Green area (promenade) also directly opposite

Please send inquiries to michael.vaas (at) vaas-online.net

Near the Buddenturm, within the Promenadenring