| Living area approx. | 425 m² |
|---|
| Plot area | 440 m² |
|---|---|
| Usable floor area | 425 m² |
| Purchase price | 495.000 € |
|---|---|
| Price per m² | 1,164.71 €/m² |
| Commission | 5,95% |
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More financing calculators and assumptionsAn apartment building with a total of seven residential units in Grimma is offered for sale. Built around 1920, the building has a total living area of approx. 425 m² and a total usable area of approx. 468 m² and is situated on a plot of approx. 440 m².
The residential units are spread over four floors. The ground floor has two 2-room apartments of approx. 40 m² and 52 m². The 1st upper floor comprises two further 2-room apartments of approx. 51 m² and 56 m², while the 2nd upper floor has two units of approx. 52 m² and 57 m². The 3rd upper floor, or attic floor, contains a spacious 4-room apartment of approx. 117 m².
The apartment building underwent extensive renovation in 2000. The central gas heating system dates from 2013. The building also has a steel balcony structure and a partial basement.
Five of the seven residential units are currently rented. The approx. 40 m² ground-floor apartment and the approx. 117 m² attic apartment are currently vacant. This gives the property short-term potential to increase rental income.
The property is therefore particularly suitable for investors seeking an existing apartment building with a solid underlying structure and additional rental growth potential.
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