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Residential and commercial building with interesting outbuilding (808 m² lettable in total) near the U5 underground line

80686 München – Bayern
3.580.000 €
428.30 m²
Living Area
505 m²
Property
apartment building or investment property
residential and commercial building

The residential and commercial building consisting of two buildings was built in 1961 and is centrally located in Munich Laim.
The aerial photo is a general photo of the Munich Laim district.

In order to leave the buyer with maximum options, final renovations and re-letting of the vacant units were recently dispensed with.
As a result, around 50% of the space is currently vacant. Both the vacant units and the general areas are partially in need of renovation. In principle, however, they can be let at any time after appropriate renovation. Rental demand in Laim, especially near the subway, is extremely high.

The property contains a total of 9 apartments, 2 stores, one larger and 3 smaller commercial spaces. The larger commercial space was originally approved as 3 apartments, but was never used as such. Some of the apartments were combined.

Total residential and commercial space: 808 m², of which approx. 50% vacant and approx. 50% rented
Living space: approx. 428 m²
Commercial space: approx. 380 m²
8 garage parking spaces

Heating: One gas central heating system per building.
Windows: Some newer windows. Mostly renovation windows made of plastic with insulating glazing, presumably built in the late 70s, early 80s.

The apartments and commercial units as well as the general areas are in varying, used condition, some in need of renovation.

Current rents:
EUR 6,446 plus HK/BK per month for 398 m² of rented space, equivalent to around EUR 16 average rent.

We will be happy to provide you with a detailed exposé and further documents if you are interested.

Are you interested in this offer?

Object Number
OM-323557
Object Class
apartment building or investment property
Object Type
residential and commercial building
Handover from
by arrangement

Purchase price & additional costs

purchase price
3.580.000 €
Purchase additional costs
approx. 165,614 €
Total costs
approx. 3,745,614 €

Breakdown of Costs

Purchase price 3.580.000 €
Real estate transfer tax 125,300 € (3.50%)
Notary costs 26,706 € (0.75%)
Land register entry 13,609 € (0.38%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 11,480€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 2.81%

Details

Total area
808.5 m²
Number of garages
8
Flooring
laminate
Heating
central heating
Year of construction
1961
Equipment
basement

Information on equipment

The construction method and fittings at a glance:
Solid construction typical of the year of construction: Reinforced concrete ceilings, basement exterior walls in concrete, exterior walls on ground and upper floors masonry 30 cm; interior walls masonry 11.5 and 24 cm thick.
Gas central heating for each of the buildings
Decentralized electric water heating
Windows: partly newer, mainly renovation windows made of plastic with insulating glazing, probably from the 70s/80s
Fuse boxes partly renewed with tilt safety devices
Floors: various, predominantly carpet or laminate
Staircase: solid

Energy certificates:

Residential part of mixed-use building (building 1)
Type of certificate: Demand certificate
Date of the energy certificate: 19.05.2021
Energy certificate valid until: 18.05.2031
Final energy requirement: 222.4 kWh/(m²-a)
Firing type: Gas
Energy efficiency class: G

Non-residential part of mixed-use building (Building 1)
Type of certificate: Demand certificate
Date of the energy certificate: 19.05.2021
Energy certificate valid until: 18.05.2031
Final energy requirement: 457.1 kWh/(m²-a)
Firing type: Gas

Non-residential building (building 2)
Type of certificate: Demand certificate
Date of the energy certificate: 19.05.2021
Energy certificate valid until: 18.05.2031
Final energy requirement: 385.7 kWh/(m²-a)
Type of firing: Gas

Location

The property is located in the west of Munich, in the popular district of Laim. Nearby is the Laimer Platz, the central point of Laim, the intersection of Fürstenrieder-/Gotthardstraße.­ Here you will find almost every store, e.g. various supermarkets, organic markets. Supermarkets, organic markets, pharmacies, various specialty shops, restaurants of all kinds. Specialty stores, restaurants of all kinds, the post office, 4 banks, various doctors, the adult education center, public library, etc..

The U5 subway is within walking distance.
Due to the very good connection to the Mittlerer Ring and the Lindau highway, optimal mobility with your own vehicle is guaranteed.

The nearby Hirschgarten, Nymphenburger Park, Westpark and Blumenauer Wald guarantee high leisure and recreational value all year round. In bad weather, the "Filmtheater neues Rex", the "Westbad", fitness studios and a variety of restaurants in the immediate vicinity provide variety. In summer, the outdoor area of the Westbad, ice cream parlors, the rose garden in Westpark, the beer garden at BMW Park (former Audi Dome) and the Hirschgarten offer relaxation.

Shopping/errands:­
REWE, Edeka, Aldi, dm, bakeries, organic markets, butchers, confectioners and much more.

Gastronomy: Various good restaurants of all tastes are within walking distance.

Doctors:
Doctors of various specialties are numerous and nearby.

Car: Only a few minutes to the Mittlerer Ring with access to highways in all directions and in about three minutes you are on the A 96 towards Lindau, via which you can also reach the beautiful Ammersee in about 15 minutes.

Leisure time:
Only around 1 km to the Hirschgarten and Nymphenburg Palace Park. Around 2 km to Westpark with its numerous events and leisure facilities, 2.1 km to Westbad. By car: Munich's bathing lakes can be reached in 15-20 minutes.

Location Check

Restaurants
Einkaufen
Sport
Mobilität
Medizin
Kultur
Nachtleben
Natur

Energy

Energy certificate type
demand certificate
Main energy source
gas
Final energy demand
222.40 kWh/(m²a)

Miscellaneous

Legal notice:
We are delighted that you are interested in this residential and commercial property. We have compiled the data to the best of our knowledge and belief and will also conscientiously clarify all further questions for you. Please note, however, that all details, including the living and usable areas mentioned, are based on information, documents and plans that we have received from the seller and that we cannot accept any liability.
All areas and dimensions are approximate. The floor plans shown are an illustration and are not binding, including the stated m² information. Subject to errors and prior sale. This exposé is preliminary information; only the notarized purchase contract is valid as the legal basis.

Mr. Schmidmaier will be happy to provide you with a detailed exposé, answer any further questions or arrange a viewing. Please send us a formal enquiry about the property and we will get back to you shortly.

Broker's commission: no buyer's commission.

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Commission: No commission for buyers

Offer from: Paul Schmidmaier

Phone: 089 5898900