Securely tenanted, well-proportioned: an ideal investment property with the potential for appreciation.

A solid investment property with excellent value, rarely found in Munich! This offers an attractive investment opportunity with a reliable tenant who pays rent on time – in a desirable location with excellent infrastructure. The well-designed 2-room apartment is located on a high floor and has a living area of approximately 41 square meters. Arranged in a star shape around the hallway are the bathroom, bedroom, kitchen, and living/dining area. The heart of the apartment is the bright living/dining area with direct access to the loggia. The loggia, with its views of greenery, offers space for sunbathing, relaxation, and recreation. In the basement of the building, there is a laundry room, a drying room, and a storage room for bicycles. The apartment includes a private storage room in the basement. The current and favorable rental agreement has been in place since 2008. The apartment is currently rented for €852.00 per month (including utilities). The base rent is €727.44 per month. The building service charges are approximately €193.00 per month (of which approximately €108.50 can be passed on to the tenant, according to the latest billing in 2024). The homeowners' association has reserves of €1,657,807.19 (as of December 31, 2024, according to the latest billing). The apartment requires renovation work commensurate with its age. Please refer to the attached floor plan for the exact layout.

The apartment is located in Oberföhring. Oberföhring is situated in the northeast of Munich, on the right bank of the Isar River, and is part of the district of Bogenhausen. Within this district, Oberföhring borders the neighborhoods of Bogenhausen, Englschalking, and Johanneskirchen. Tram lines 16, 36, and 37, as well as bus lines 50 and N72, are located right outside the building. These provide convenient and easy access to the center of Munich. The Munich airport is approximately 25 minutes away by car. All the shops and amenities you need for daily life, such as bakeries, butchers, an EDEKA supermarket, a post office, a stationery store, and various restaurants, are located directly within the residential complex. There is also a swimming pool within the complex. Doctors, pharmacies, gas stations, hairdressers, ice cream parlors, and drugstores can be found in the surrounding area. Nature lovers will be delighted by the location of the apartment. The English Garden and the Isar River are within a 20-minute walk. The English Garden offers numerous walking and jogging trails, perfect for soaking up the sun and taking a stroll. The barbecue areas, lawns, and beer gardens also provide opportunities for relaxation, recreation, and socializing.

Distances at a glance:
Tram stops: 100m
Bus stop: 170m
Edeka: 50m
Post office: 90m
Aldi: 550m
Orterer: 90m
Isar-Nord barbecue area: 1.5 km