House for sale • 1891 m² without real estateMünchen Au Bayern 81669
I am selling my fully let residential property portfolio in Munich-Haidhausen. The complex was built in 1953/1954 and comprises three building numbers with a total of 31 apartments, offering approximately 1,891 m² of living space on a plot of about 1,473 m².
The apartment mix consists of 1- to 3-room apartments, distributed across 11, 9, and 11 units per building entrance. The apartments have already been divided into condominiums (WEG) and each comes with its own basement storage unit.
The current annual net cold rent is approximately €445,000, and the entire portfolio is fully let. In total, the property includes 21 parking spaces, of which 12 are in the underground garage and 9 are above ground.
Originally, the complex was owned by multiple parties; over the years, I have gradually acquired the individual units and consolidated the portfolio.
As a result, the apartments exhibit a range of equipment and modernization levels: some have already been refurbished or modernized, while others are in an older, well-maintained condition and could be upgraded when re-let.
The roof was renewed in 2022, and the other parts of the building have been continuously maintained. The heating is currently provided by an oil-fired system from 1999, with an energy efficiency rating of E. District heating is now available on the street and can be considered in the future as an alternative heating option.
In addition, there is development potential through the possible expansion by adding two more apartments in the attic; a further addition on top of the building could also be considered, subject to planning and technical conditions.
The property is located in 81667 Munich-Haidhausen. The location is central, well-connected, and offers all the necessities for everyday living in the vicinity. In my experience, renting out the apartments has been hassle-free over the years. Even during tenant transitions, I have so far encountered no difficulties in re-letting the apartments.
Property characteristics
| Age | Over 5050 years |
|---|---|
| Listing ID | 1066337 |
| Usable area | 1,891 m² |
| Total floors | 4 |
| Condition | Good |
|---|---|
| EPC | E - Wasteful |
| Land space | 1,473 m² |
| Price per unit | €6,610.26 / m2 |
What does this listing have to offer?
| Balcony | |
| Garage | |
| Terrace |
| Basement | |
| Parking |
What you will find nearby
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