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Other for sale in Colditz, Germany
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Other for sale in Colditz, Germany

120 000€

04680 Colditz

Investment Breakdown

Gross Yield:

8.5%

Time to pay off with rent:

11.1 years

Price Difference:

10%

Expected Rent:

900€/month

Property description

Property Description: This multi-family house for sale features four residential units and an expandable attic. It can also serve as a two-family home, accommodating both young and elderly residents under one roof. The residence has already undergone modernization and requires only minimal finishing touches to complete the upgrades. In 2023, the rooms, flooring, bathrooms, and doors were renovated, and a new gas heating system has been installed. The attic, measuring approximately 130 square meters, offers additional potential for expansion. This property is perfect as a family residence or as a multi-generational home, providing ample opportunities for comfortable living while benefiting from its investment potential.

Location

04680 Colditz

Date added: 09.12.2024