Mainz, Germany

In a central downtown location in Mainz, this well-maintained apartment building presents itself as an extremely attractive investment with a wide range of potential uses. With a living space of around 198.58 m², the property has three residential units on the 1st and 2nd floors and in the attic. Currently, 51.05 m² on the first floor is used as commercial space and is approved as such. This structure enables both full letting and partial owner-occupation - with corresponding potential for increasing returns. The residential units impress with well thought-out floor plans, bright rooms and individual furnishing details. The 2nd floor in particular has been extensively modernized in recent years: a completely renovated bathroom, new floor coverings, freshly wallpapered and painted walls and a modern fitted kitchen with high-quality Bosch appliances. Electrically controlled external blinds on the kitchen and balcony windows, new balcony flooring, a modern apartment entrance door and an integrated safe underline the high level of living comfort. A new fitted kitchen was also installed on the top floor, while double-glazed windows and an additional soundproof wall to the neighboring house ensure peace and quiet and energy efficiency throughout the building. The continuous modernization in recent years ensures a well-maintained overall condition. A bicycle parking space in the backyard, a tool shed and a nearby garage, which is currently rented for €150 per month, round off the offer. The development potential is particularly interesting: the spacious attic most likely offers the possibility of converting it into another residential unit once the necessary planning permission has been obtained. As there is already a declaration of division into two residential units and a commercial unit, it is also possible to sell the property individually at a later date. In addition, the property can be completely vacated by the end of the year, creating ideal conditions for renovation, refurbishment or high-quality re-letting. The excellent infrastructure with short distances to shopping facilities, doctors, schools and public transport makes this property a particularly sought-after address. The combination of a central location, modernized substance, flexible usage options and additional expansion potential offers a rare opportunity on the Mainz real estate market.