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09125 Chemnitz
Gross Yield:
8.57%
Time to pay off with rent:
7.8 years
Price Difference:
15%
Expected Rent:
675€/month
This property is a semi-detached residential building comprising three living units spread over two floors, along with an expanded attic. The total living space measures 195 square meters. Additionally, the property features a two-story outbuilding that does not have a basement the ground floor of this structure contains two garages and a storage shed. The main building was constructed around the year 1889 and is heated by a single stove, with hot water provided through an electric boiler. The structure is in a nearly unrenovated condition and requires significant repairs and modernization. Access to the building was limited due to extensive waste accumulation, which may necessitate further cleanup efforts. This property presents a unique opportunity for buyers looking for renovation projects or investment possibilities in a growing area.
09125 Chemnitz