--- Fully rented, prestigious three-family house in a prime residential location in Annaberg-Buchholz ---

Key facts

Purchase price & costs

About this investment property

Attention investors!
Are you looking for an opportunity to invest your money safely and profitably in uncertain times?

Then this is an opportunity to acquire a well-maintained, substantial, fully rented semi-detached house for 3 families in a prime residential location in Annaberg-Buchholz in the beautiful Ore Mountains.

The three-family house was built around 1912 using solid construction and now comprises 3 attractive, well-laid-out residential units, all of which are currently rented.

The residential building has a basement and is in very good, sound condition. Continuous modernization measures have been carried out from 1991 to the present day.

Via a separate entrance area with mailboxes and a small seating area, you enter the historic staircase, which appears bright and welcoming and is equipped with an ornate wrought-iron railing and large windows with leaded-glass ornaments.

On the ground floor, it provides access to a 94 m², 4-room apartment. This residential unit impresses with its spacious and practical layout. The bay windows, which lend it a very distinctive style and character, are particularly attractive. The unit comprises a kitchen, guest room, living room with fireplace connection, bedroom, hallway, and bathroom with WC and bathtub, washing-machine connection, and window.

The first upper floor contains a newly modernized 94 m² apartment. Here, 4 generously proportioned rooms offer enough space for every tenant’s dream home. All rooms are accessible from the hallway and appear bright, welcoming, and flooded with light. The solid-wood doors throughout the apartment create a particularly cozy atmosphere. From the bathroom, kitchen, and bedroom, the tenants have a direct view of the greenery. The other three large rooms offer a fantastic view over the city. In this unit too, the tenants have their own wood-burning stove, which provides cozy warmth on cold days. From the kitchen, a small footbridge leads directly to the sunny private garden area.

The attic contains another spacious 88 m² apartment with a somewhat different layout. A smaller entrance area currently leads to 2 bedrooms, which can also be used as offices. To the left of the apartment door is a small, low storage room. A stylish wooden arch leads into the apartment’s hallway. On the right is the spacious living or guest room; on the left is the bathroom with WC and bathtub. Straight ahead you will find the cozy living and dining room, which is adjoined by another children’s or bedroom and the large, bright kitchen with a very attractive wooden-frame entrance. This apartment also has a connection for a wood-burning stove.

Each tenant also has a storage room in the attic for storage purposes.

A well-maintained, beautiful, generously sized garden extends up the hillside behind the house. It has been planted with various trees, bushes, plants, shrubs and hedges with great care. Each rental party has its own quiet area here, for relaxing or putting creative ideas into practice.

At the end of the property, you reach the parallel street, where there are also 2 garages rented to tenants and a parking space. There is a wonderful, harmonious tenant atmosphere in the house.

The property’s annual rental income is expected to amount to €18,840 after the sale.

Take advantage of this unique opportunity and invest in your future.

See for yourself the potential of this property and arrange a viewing appointment with us. We look forward to hearing from you!

Features:

Modernizations carried out:

Front entrance 2003 plus new front door

Gas heating boiler 1991

Courtyard staircase 2012, staircase system 2017

Parking space 2016

Double insulating glazing windows 1990 - 2005

Some windows with original leaded-glass ornaments

Doors: solid wood doors, professionally refurbished to a high standard

Floor coverings 2003 - 2024

Bathrooms 1995 - 2006

Roof covering 1991

Plot size: 850 m²

Lettable living space in 3 units: 276.8 m²

Net cold rent: currently approx. Ø €5.50 / m²

Building usable area: approx. 500m²

Utilities: gas, water, wastewater, electricity, telephone

Parking spaces: in the garages and on the property, as well as on the surrounding streets

Energy consumption: 187 kWh/(m²*a)

Energy consumption for hot water included

Energy efficiency class: F

Primary energy source: gas

Energy certificate: consumption certificate; valid until: 25.08.2032

Heating type: central heating with gas, year of construction 1991

Location:

The 3-family house is centrally located in the large district town of Annaberg-Buchholz. All shops for everyday needs, as well as a doctor’s office, daycare center, school and the lower Annaberg-Buchholz railway station, with approximately hourly train connections to Chemnitz, can be reached within a few minutes on foot. The heart of the large district town, Annaberg Market Square, with regularly held weekly markets, is alsoCafés, restaurants and excellent shopping opportunities, as well as a cinema, theatre and fitness studio, are not far away. The famous St. Anne’s Church and the town centre with shopping streets, further cultural facilities and the municipal administration can also be reached on foot within a few minutes. A bus stop is located right near the house.

Annaberg-Buchholz is a town in the Ore Mountains, situated at the foot of the Pöhlberg between Chemnitz and Oberwiesenthal. The town is an administrative centre, the seat of the Erzgebirgskreis district administration and a tourist and economic centre of the region. Shaped by mining, old traditions are still alive here; the best-known is the annual miners’ parade on the 4th Advent. There is an extensive network of hiking trails as well as many spas in the region for relaxing leisure activities. The B95 and B101 federal roads are in the immediate vicinity. The motorway junction connecting to the A72 is approx. 25 km away.

Town centre:

The town centre of the large district town of Annaberg-Buchholz is only approx. 900m from the property and can be reached on foot.

Shopping facilities:

A supermarket is located approx. 800 m away, another supermarket approx. 900 m away, an Edeka supermarket approx. 2 km away and the Erzgebirgscenter with Kaufland, a drugstore and further shops for everyday needs approx. 3.6 km away.

The town centre of the Adam Ries town of Annaberg-Buchholz also offers many shops and shopping opportunities, ranging from bookshops and electronics stores to handicraft and household shops.

Local public transport:

Lines 428, 415, 417 and 411 of RVE Regionalverkehr Erzgebirge GmbH to towns and municipalities in the nearby and wider surrounding area can be reached in approx. 450 m.

Via the bus station located 1.9 km away, or by city bus from the stop 450 m away, further direct public transport routes to Chemnitz and the state capital Dresden can also be reached, as well as routes to the Czech Republic/CZ.

Annaberg-Buchholz’s lower railway station can be reached in 900 m. From there, the RB-80 usually provides hourly connections to Chemnitz, connecting to Deutsche Bahn’s regional and international local and long-distance transport, including direct trains, for example to Warnemünde.

Medical care:

Specialists in almost all fields in the large district town of Annaberg-Buchholz, as well as an Erzgebirgsklinikum location in the town with medical Service center.

Education and training:

The city of Annaberg-Buchholz has several continuing education and training institutes and vocational schools. In addition to several large industrial and commercial companies in the town and others in easily accessible towns in the nearby and wider surrounding area, there is also a research facility of Chemnitz University of Technology here, the "Smart Rail Connectivity Campus"

Leisure Annaberg-Buchholz is characterized by its diverse range of leisure activities. From festivals and markets to excursions, sporting activities in nature and swimming facilities, as well as leisure and thermal spa complexes, there are no limits to recreational enjoyment.

St. Anne's Church and St. Mary's Mountain Church are not only tourist attractions. They are also venues for the active community life of the Evangelical Lutheran parish. Evangelical Lutheran services are also held in all districts of Annaberg-Buchholz. The Evangelical Methodist congregation has its home on Emilienberg, and services are held on Sundays. Holy Mass is celebrated every Sunday in the parish church "Heilig Kreuz"; the small church with its altarpiece is always worth seeing, however.

There are other Christian religious communities in Annaberg-Buchholz, e.g. the Adventist congregation, the Pentecostal congregation, The Church of Jesus Christ of Latter-day Saints and the New Apostolic Church.

All information provided is without guarantee and is based exclusively on information transmitted to us by our client. Despite careful review, we accept no liability for the completeness, accuracy or currency of this information. The real estate transfer tax, notary fees and land register costs are to be borne by the buyer.

For a detailed description of the living areas and for your measurements of all dimensions to be taken, please use the digital twin of the property at

https://my.matterport.com/show/?m=XaFLh2BfhP8

Upon request, we will provide you with further information about the property. Area measurements and other details may need to be taken independently at the property; we will be happy to assist you. The estate agent's commission of 5% (for small businesses under §19 UStG, excluding VAT), based on the purchase price, is payable by the buyer.

A contract in the same amount has been concluded with the seller. The commission is due and earned upon signing the purchase contract.

For all further questions concerning this property or We are available at any time to assist with possible financing through our financial partner.

H A M M E R I M M O B I L I E N

Real Estate Agent, Chamber of Industry and Commerce

Thomas Lohse

Alte Schlettauer Straße 16

09456 Frohnau

Location