Central 4.5-room apartment with balcony, located in the heart of the old town, and free from service charges.

You will become the owner of an apartment located on a quiet side street in the popular historic center of Magdeburg. The building, a lovingly renovated late 19th-century property (with the original doors largely restored, the original railing preserved, and the stairs enhanced with sisal), contains a total of 15 apartments, including an elevator. The building is in excellent condition, having undergone extensive renovations again in 2022. A particular highlight of the property is the robust and lockable bicycle carport that was built in the courtyard during these renovations. The 4.5-room apartment, which also includes a storage room in the basement, is located on the ground floor and is suitable for owner-occupiers, businesses, and investors alike. The attractive apartment, for which the land registry permits both residential and commercial use, offers 102 square meters of living space. You enter the apartment through the entrance hall. From here, to your left you will find the kitchen and the main living area with a balcony, straight ahead a guest toilet and a storage room, and to your right, two rooms facing the street. This layout allows for a separation between the living area (left) and the workspace (right), with a toilet, making it ideal for receiving clients separately in this centrally located apartment. The size of the rooms is suitable, for example, for a small law firm or tax advisory practice, an insurance broker, an architectural office, etc. The living area on the left includes an open-plan kitchen with direct access to the balcony, as well as a living room, a study/children's room, a utility room, and a spacious bathroom with two sinks, a bathtub, a shower, a toilet, and a heated towel rail. Currently, the apartment has been rented since 2015. The annual net cold rent is €9,120. Future use as a primary residence should be possible. A nearly identical apartment above this one on the 1st floor was recently sold (vacant) for €250,000.

The apartment is located in the heart of Magdeburg's old town.

This residential location is very popular with both renters and homeowners, offering all the advantages of city living while also being situated in a quiet side street. No matter what your plans are, you can get there quickly! And no matter when you want to return home, you can't rely on public transportation to get you back to the city center more reliably than to Hasselbachplatz, which is just a 2-minute walk away.

Due to its incredibly convenient location near all the shops and amenities you need, you won't even need a car here; a bicycle, which can be safely stored in the carport, is more than sufficient.