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09131 Chemnitz - Sachsen
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Property Description: This property is a residential building with 2 commercial units on the ground floor. The house underwent a complete renovation in the 1990s. From 2018 to 2024, several apartments were modernized and equipped with fitted kitchens. The commercial unit on the ground floor to the right was renovated to a high standard in 2024 and is currently rented out. The rental income is currently around €53,000 per year and is expected to increase to around €60,000 per year in the coming years due to agreed rent adjustments. Price Thoughts: With its updated units and steady rental income, this property presents a great investment opportunity. The rental income is already quite substantial and is expected to increase further, making it a promising asset for any investor. The property's location in Chemnitz, Sachsen also adds to its appeal, as the area is known for its economic stability and growth potential. The price of €805.000 reflects the property's value and potential for a solid return on investment.
09131 Chemnitz - Sachsen