For sale is a charming and well-maintained multi-family house located in the Altchemnitz district. The building was constructed around 1900 and underwent extensive renovation in 1998. It spans four residential floors and comprises a total of ten residential units, each equipped with an instantaneous water heater.

The ground floor features a 2-room apartment of approx. 64.00 m² and a 3-room apartment of around 71.00 m². The first and second upper floors each contain three 2-room apartments ranging from approx. 50.00 m² to 56.50 m². The attic floor houses two additional 3-room apartments measuring approx. 67.00 m² and 80.00 m². The total living area amounts to 608.68 m².

The basement level offers several storage rooms, as well as utility, heating, and main service rooms. The property is equipped with a central gas heating system.

The property is complemented by a designated parking space on the premises, numerous free public parking options nearby, and a landscaped rear courtyard. The total plot area is approx. 640 m².

Key Features of the Residential Units:

Attractively designed floor plans; bright living spaces /

Balconies attached to six of the apartments; 3 fitted kitchens included /

Separate storage rooms located on the stairwell landings /

Spacious bedrooms and children's rooms /

Bathrooms featuring either a shower or a bathtub, plus washing machine connections /

Timeless laminate and carpet flooring in the living areas /

Roof renewed in 2022, including skylights /

Of the ten residential units, eight are currently rented out. The remaining two units are currently in the process of being re-let.

Additionally, there are two commercial tenancy agreements in place: an administrative office utilizes a section of the basement as an archive; A telecommunications company operates an antenna system on the roof of the building, including the attic space.

The eight rented residential units, as well as the two commercial leases, currently generate an annual net basic rent of €33,995.52. Upon the re-letting of the two vacant units, the potential rent amounts to €39,815.00 per year.