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Other for sale in Chemnitz - Sachsen, Germany

805 000€

09131 Chemnitz - Sachsen

Features

  • Anzahl der Etagen im Haus 4
  • Küche Einbauküche
  • Bad Dusche, Wanne
  • Boden Fliesen, Laminat, Kunststoff
  • Keller

Property description

Property Description This property is a multi-family house with 2 commercial units on the ground floor. The house underwent a comprehensive renovation in the 1990s. From 2018 to 2024, several apartments were modernized and equipped with fitted kitchens. The commercial unit on the right side of the ground floor was renovated to a high standard in 2024 and is currently rented out. The current rental income is approximately €53,000 per year, with planned rent increases expected to raise this to around €60,000 in the coming years. Price Thoughts Considering the recent renovations and the potential for increased rental income, the asking price of €805,000 seems reasonable for this property in a prime location in Chemnitz, Sachsen. With a steady rental income and the opportunity for further growth, this property offers a solid investment opportunity for those looking to expand their real estate portfolio.

Location

09131 Chemnitz - Sachsen

Date added: 03.08.2024

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