Other for sale in Dresden, Germany

• Anzahl der Etagen im Haus 3
• Bad Dusche
• Boden Fliesen, Teppich, Laminat, Kunststoff

Property description: "Turning one into two" - what do we mean by that? Well, you'll be acquiring a fully rented residential and commercial building and focusing your attention mainly on the left, currently rented out as storage, rear building, as it has great potential. Why? In its place, a three-story residential building can likely be built. The basement may still be usable, possibly as a underground garage. Currently, you have approximately 40,000 € in cold rent income per year, which facilitates the execution of your project, and the rents in the front building and the right rear building can still be increased slightly. The apartments in the new building will be in high demand, thanks to the growth of the microelectronics industry in North Dresden. Additionally, your new house offers a quieter living environment than directly on the street, and with the right construction, every apartment has a view of greenery. When would you like to schedule a viewing? Thoughts on price: The price of 780,000 € for this property in Dresden is reflective of the potential it holds for redevelopment and increased rental income. With the opportunity to build a new residential building on the site, as well as the prospects for higher rents in the existing buildings, this property provides a solid investment opportunity with the potential for long-term growth and profit.