Investment Property or Multigenerational Home with Plenty of Potential – Photo 1

Investment Property or Multigenerational Home with Plenty of Potential

The advertiser will give you the exact address on request.08468 ReichenbachSachsen
Purchase price
120.000 €
Living area
360 m²
Rooms
10
TraumImmo ID: 73UWATT
Partner ID: i26186128

Published on 28/09/2026 · Last checked on 29/09/2026

Advertiser:
RegionalImmobilien24

Key facts

Living area approx.360 m²
Rooms10

Usable floor area320 m²

Purchase price & costs

Purchase price120.000 €
Price per m²333.33 €/m²
Commission3,57%

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About this house

This exceptional property offers a range of possible uses and appeals to investors and developers as well as families looking to make their dream of a bespoke multigenerational home a reality.

The approximately 320 m² plot is home to two buildings dating from around 1930.

Front house approx. 280m², rear house approx. 80m², total area approx. 360m².

The buildings were extensively renovated in the 1980s and now offer exciting opportunities for further individual customization and development.

The main building has already been stripped back to its structural shell, and further renovation work has begun. A substantial portion of the necessary preparatory work has already been completed. The ceilings have been replaced, and new water, electrical and heating lines have been installed.

In 2025, all water, electrical and heating lines in the front house were replaced. Around €40,000 has already been invested in this work. This has established important technical prerequisites for further renovation and use of the building.

In addition, the previously unfinished attic has been converted into an apartment.

The property therefore provides an interesting basis for a range of different uses – for example, as a multigenerational home, for owner-occupation or as an investment property with multiple residential units.


Highlights at a glance
•Plot approx. 320 m²
•Two buildings, total area approx. 360m²
•Front house approx. 280m²
•Rear house approx. 80m²
•Year built approx. 1930
•Renovations already carried out in the 1980s
•Main building already stripped back to its structural shell
•Further renovation work already underway
•Ceilings replaced
•Water lines newly installed
•Electrical lines newly installed
•Heating lines newly installed
•Extensive replacement of technical lines in the front house in 2025
•Approx. €40,000 already invested in the renovation
•Attic converted into an additional apartment
•Versatile usage options
•Of interest to investors, developers and owner-occupiers
•Potential for use as a multigenerational home
•Heating: gas


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Advertiser:
RegionalImmobilien24
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