Detailed description of property incl equipment:
The building was originally built in the 1960s, acquired in 1986 by the owner and rebuilt and modernized in the years between 1988 and 1990. The house consists of two full floors and the converted attic. The attic is being used by the owner and will be vacant after the sale.
At the time of the conversion, the elevator was already planned for the attic floor and the necessary structural elements were prepared.
The house originally consisted of three apartments: ground floor, upper floor and attic.
In the reconstruction phase the large ground floor apartment was split in two apartments, one small and one large. The first floor remained one large apartment.
The old roof was removed and instead a completely new roof with a height of 0.90 m and a ridge height of 3.40 m was erected. The floor height (without flooring) to the ceiling is 3,10m on the ground floor and 2,90m on the upper floor.
In the basement, an apartment with its own exterior entrance was built from two basement areas; Size approx. 40m². (No exact size available, reference was derived from the original cellar plans)
The attic has a separate entrance in the back-mounted "turret". This is also prepared for an elevator, which would then serve the attic floor only.
The owner has rented the apartments fully furnished. The rental income is composed as follows (all flat-rate)
Basement about 40m²: 600 €
Ground floor ca 28m²: 790 €
Ground floor ca 88m²: 1660 €
1st floor ca 121m²: 2160 €
attic ca 128m²: owner-occupied
(Residential area sizes are according to documents from building application and owner)
The following apartments will be vacant:
Ground floor small: end of Jan. 2017
Ground floor large: June 2018
1st floor: Autumn 2017
Attic: upon sale
All leases are terminable on both sides with a three-month notice period. (All details provided by owner).
All apartments have been renovated to a high standard in 1990: the windows have been renovated, the radiators have been renewed, the bathrooms have been renewed and the kitchens have been renewed and fitted with fitted kitchens. Two heating circuits were produced; One for the attic and souterrain and one for the apartments on the ground floor and the upper floor. The heating for the latter was renewed about 15 years ago, the heating for the attic and souterrain is from approx. 1989.
In the attic flat there is partial underfloor heating.
Connection to traffic routes / public transport:
Bus stop Suedfriedhof (South cemetery) is about five minutes away; South Train station (Suedbahnhof) about 10-15 minutes.
Renovations done in the building:
In 1989-1990 core renovation and new construction was done of the attic as a "house on top of the house" in excellent execution. Cork heat insulation on rafters, therefore open beams in the attic.
More options on heating:
Central heating system
Partly underfloor heating
Other information or specialties:
Due to the steeper and therefore higher approach angles of the landing airplanes, the noise in this location has improved significantly.
This statement has been confirmed by a number of residents of the Sachsenhausen-South location. In fact, during our stays in the building, we had almost no airborne noise during the busy evening hours.
Which is the most characteristic feature of this property:
A real hit for investors or part-owner occupiers ...