UNIQUE INVESTMENT TENEMENT IN THE STRICT CENTER OF LODZ *Ul. Srebrzynska 37 (corner of Kasprzaka) - A pearl of architecture from 1934 with huge development potential* INVESTMENT WORTHY OF A CONNOISSEUR We present a unique brick tenement house in the most desirable location in Lodz - just 800 m from Manufaktura and 300 m from Aleja Wlokniarzy. This is an ideal proposal for demanding investors looking for a stable capital location with the possibility of valuable reconstruction or expansion. KEY INVESTMENT ADVANTAGES ✓ Premium Location - 94/100 points according to the ranking "Best Investment Locations in Lodz 2024" ✓ Plot 765 m² in the shape of the letter L - unique opportunity for expansion ✓ 3 floors + basement (total area of 298.6 m²) ✓ No heritage status - full freedom of modernization ✓ Ready sources of income - operating commercial point + 3 apartments STRONG LOCATION ADVANTAGES • 150 m to tram stops (lines 1, 2, 5, 6) • 10 min walk to Manufaktura - the largest commercial zone in Lodz • Within 800 m: 3 medical facilities 2 primary schools 7 commercial establishments (including chains: MAKRO, Biedronka, Netto, Żabka) • Surrounded by multi-family buildings, blocks, and new apartment buildings. TECHNICAL PARAMETERS Construction Load-bearing walls made of red brick, mixed ceilings (wooden-reinforced concrete) Roof Flat, wooden truss, covered with roofing felt Utilities Full connections: gas, water, electricity, sewage Thermal modernization Required (no insulation) Windows Replaced with PVC throughout the building SPACE CONFIGURATION • Ground floor: 108 m² - currently rented liquor store (commercial agreement) • 1st floor: 108 m² - 3 independent apartments (average area 35 m²) • Attic: 82.6 m² - space for adaptation (according to experts, possibility to create 2-3 micro apartments) • Basements: 96 m² - ideal for utility rooms ANALYSIS OF INVESTMENT POTENTIAL Conservation variant: Renovation for premium apartments (estimated ROI: 9.2% per year) Cost of modernization: ~1.2-1.5 million PLN Developer variant: Demolition + construction of a modern apartment building (max 5 floors) Estimated value after investment: 6.8-7.4 million PLN Hybrid variant: Adding 2 floors + modernization of the existing structure *According to the report "Lodz Tenement Market 2024" similar investments achieve returns in the range of 5-7 years.* LEGAL DATA ✔ Land and mortgage register free of encumbrances ✔ No local zoning plan - possibility to apply for building conditions ✔ Current designation: residential-service ✔ Full technical documentation available WHY INVEST HERE? • Increase in land value in the strict center of Lodz by 27% from 2020-2024 (data from UMŁ) • Average rental return in this location: 7.8% net/year • Planned revitalization of Srebrzynska Street (budget of 14 million PLN for 2025-2027) THIS IS YOUR CHANCE FOR A LIFETIME INVESTMENT! Call today - we will arrange an individual presentation with an architect and tax advisor.

Specifications:
Area: 298.6 m²
Bedrooms: 11
Built: 1934

Seller: Bartosz Wojdalski

Contact: +48 797 581 761

Data source: https://www.otodom.pl/pl/oferta/kamienica-z-dzialka-765-m-w-centrum-lodzi-ID4vZLF#map