| Type | Block of flats |
|---|---|
| Living area approx. | 390 m² |
| Bedrooms | 7 |
| Rooms | 15 |
|---|---|
| Bathrooms | 5 |
| Plot area | 2040 m² |
|---|
| Purchase price | 1.100.000 € |
|---|---|
| Price per m² | 2,820.51 €/m² |
| Commission | no commission for buyers |
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More financing calculators and assumptionsThis multi-family house in an attractive location in Radebeul, comprehensively renovated by 2020, offers investors an appealing combination of solid returns and further development potential. Five residential units are distributed over approximately 390 m² of living space on a spacious plot of approximately 2,040 m².
The current annual income amounts to approximately €49,440 and includes not only rental income but also proceeds from the existing combined heat and power plant. A currently vacant apartment has already been included in the income calculation at its target rent.
The already approved balcony system offers particular potential, with the structural preparations already completed. Once construction is finished, contractually agreed rent adjustments will apply to several tenancies. In addition, individual residential units offer further opportunities for rent increases within the statutory framework.
The property is rounded off by generous outdoor areas, parking spaces, and outbuildings with additional development potential.
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