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A piece of Munich with history, charm, and lasting value.

81541 München-Obergiesing-Fasangarte­n (Obergiesing) – Bayern
4.450.000 €
482.60 m²
Living Area
370 m²
Plot Area
Apartment building or investment property
Apartment building

Completely let. Comprehensively renovated. A Munich building with character.

This listed complex in Munich-Obergiesing combines historical architecture with existing rental income: Six apartments and one commercial unit are distributed across the front and rear buildings, with a total of approximately 483 square meters of rentable space, as detailed in the rental statement.

Between 2016 and 2018, the property underwent a comprehensive renovation and restoration. Significant parts of the building's infrastructure were renewed, apartments were modernized, and historical architectural elements were carefully restored. The landscaped courtyard connects the two buildings and creates a sheltered retreat in the heart of the city.

For investors, this property offers three key advantages: a fully let property, a comprehensive renovation, and a central location with a unique Munich character.

This is a special investment opportunity for buyers who want to combine ongoing rental income with the long-term ownership of historic buildings.

Are you interested in this offer?

Object Number
OM-506064
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
By arrangement

Purchase price & additional costs

purchase price
4.450.000 €
Purchase additional costs
approx. 205,687 €
Total costs
approx. 4,655,687 €

Breakdown of Costs

Purchase price 4.450.000 €
Real estate transfer tax 155,750 € (3.50%)
Notary costs 33,101 € (0.74%)
Land register entry 16,836 € (0.38%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 17,830€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.01%

Details

Condition
Modernized
Monument protection object
Yes
Year of last modernization
2016
Number of floors
4
Commercial area
73.9 m²
Total area
482.6 m²
Net rental income (actual) p.a.
135500 €
Number of units
7
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1903
Equipment
Basement, Shower bath, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The renovation project, carried out between 2016 and 2018, combined the preservation of historical features with the modernization of apartments and building systems.

• Oak parquet flooring and partially preserved historical flooring.
• Restored panel doors, wooden windows, and a historical staircase.
• Modernized bathrooms, many with natural light.
• High-quality fitted kitchens with branded appliances.
• Converted attic space in the main building with exposed wooden beams.
• Central gas condensing boiler system from Viessmann with hot water supply.
• Renewed electrical installation with RCD (residual current device) circuit breakers and intercom systems.
• Central water softening system.
• Restored facades, and repaired and insulated roof areas.
• Green courtyard, bicycle storage area, and storage cellars.

The commercial unit on the ground floor of the main building features a shop window designed in keeping with its historical character.

Location

The Alpenstraße is located on a quiet side street in the established Munich district of Obergiesing. Its proximity to the city center combines short commutes with the charm of a vibrant, historic neighborhood.

Shops, supermarkets, cafes, and restaurants along Tegernseer Landstraße are easily accessible. Schools, daycare centers, and medical facilities further enhance the local infrastructure.

The Silberhornstraße subway station, as well as tram and bus connections, provide convenient access to the city center and other districts. Nockherberg, Au, and Haidhausen are located nearby, and the Isarauen river meadows are easily reachable by bicycle.

This location offers a compelling combination of local amenities, public transportation, and recreational opportunities for those seeking to rent a property.

Location Check

Eating Out very good
Shopping very good

Energy

Energy efficiency class
D
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
127.60 kWh/(m²a)

PDF

Miscellaneous

MH Alpenstraße 8 eGbR
Represented by:
Haslreiter Bauconsulting GmbH

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Commission: No commission for buyers

Offer from: Günter Haslreiter