| Living area approx. | 654 m² |
|---|
| Plot area | 300 m² |
|---|---|
| Usable floor area | 654 m² |
| Purchase price | 1.050.000 € |
|---|---|
| Price per m² | 1,605.14 €/m² |
| Commission | 62.475,- € |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
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More financing calculators and assumptionsThis fully cellar-equipped residential building was constructed around 1900 as part of a continuous perimeter block development and is a listed building. It comprises four full storeys as well as a converted attic and was extensively renovated in 2006. The building has ten apartments, and the attic space is also rented out. All units are rented.
As part of the renovation, the roof was completely re-covered, all heating and water pipes were replaced, and the electrical installation, including the intercom system, was fully modernized. The central gas heating system supplies the entire building with heat and hot water. In addition, the façade was renovated, new sanitary fittings and floor coverings were installed in all apartments, and the apartment entrance doors were replaced.
The façade is adorned with stucco elements and window pediments. The windows are made of wood with insulated glazing, and matching balcony doors were installed. The kitchens and bathrooms have tiled floors, while the living areas feature parquet, laminate, and PVC flooring. The walls are smoothly plastered and partly embellished with preserved stucco coves and ceiling roses. The bathrooms have a bathtub, toilet, washbasin, and washing machine connection.
Seven apartments have their own balcony, and two others have access to a terrace. Storage rooms and cellars are also available to tenants. The property includes a fenced, paved courtyard with an outbuilding.
A large proportion of the apartments are still rented below the local market level. According to the Leipzig rent index, the property is in a good residential location, offering rent increase potential for several units. There are also graduated rent increases already agreed.
The exact address, the full sales prospectus, and further information about the property are available on request.
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