Expandable apartment house with very good traffic connection
Höhenkirchen-SiegertsbrunnThis property, an apartment building with six apartments and two commercial units in Höhenkirchen-Siegertsbrunn, offers an excellent investment opportunity. Built in 1950, the building convinces not only with its solid building fabric and diverse uses, but also with its stable rental income and its potential for value appreciation, especially through future re- novation and modernization measures.
The building was extensively modernized around 15 years ago. The renovation included, among other things, the roof, insulation, windows and heating. Tenants will find a comfort- able home here on a total living space of around 422 square meters, and tradesmen will find a prestigious business address on around 340 square meters. Other features of the apartment building include three outdoor parking spaces, which are available to tenants and tradespeople.
The apartments in this multi-family building are divided in a versatile way and offer suitable spaces for different tenant needs: Three one-bedroom apartments, a two-bedroom apartment, a three-bedroom apartment and a spacious five-bedroom apartment are available.
For tradespeople, the building offers two spacious units that have already been used in a variety of ways – as a movie theater, bowling alley and even a restaurant. This demonstrates the wide range of possible uses for these commercial units.
Of particular note is the building‘s potential for expansion. Since the front part of the building already has a second floor, there is the option to add another floor to the back of the building. In addition, there is the option to adapt the entire building to the surrounding development and to raise it to ground floor, 1st floor, 2nd floor and roof. Thus, additional residential or commercial units could be created. In addition, there may be the possibility to acquire two neighboring properties and thus expand the property.
