House for sale in Meißen - Sachsen, Germany

• Anzahl der Etagen im Haus 3
• Bad Wanne
• Boden Fliesen, Laminat
• Garten
• Keller

Property description: Are you looking for an investment property that can still generate income even with changing interest rates? Do you desire a hassle-free rental property with quiet tenants and no renovation backlog? Ideally, you want it to be commission-free as well. This listed multi-family house in a convenient location in Meißen-Triebischtal impresses with a beautiful clinker facade, a selected tenant clientele, and high returns. The building was completely renovated in the 90s, with 7 out of 8 apartments being fully renovated and re-rented in 2022. The staircase, basement areas, facade, and courtyard have also been renovated or refurbished. Features: - 8 fully rented apartments ranging from 44-70 sqm and one long-term rented commercial unit - Annual net rental income: €38,330 (Factor 16.8) - Total area of 520 sqm, including 450 sqm of residential space (8 units) and 70 sqm of commercial space plus approximately 100 sqm (outbuilding) - Pleasant and friendly tenant clientele consisting of families, employees, and retirees Condition: - New central gas heating system for the entire house installed in 2024 (exception: commercial unit) - 7 out of 8 residential units completely renovated before re-renting - Renovated staircase - New, modern intercom system and mailbox unit - Conversion of courtyard into a lounge and BBQ area - Very spacious rear garden (total property area over 700 sqm) Thoughts about the price: The property is priced at €645,000, which seems reasonable considering the listed features and the potential for high returns. With a strong rental history, a well-maintained condition, and a desirable location, this investment property could be a profitable addition to your portfolio.