Investors take note! Rented 3-room condominium with terrace in the popular Südvorstadt – Photo 1

Investors take note! Rented 3-room condominium with terrace in the popular Südvorstadt

Published on 25/10/2024 · Last checked on 14/08/2026

Commission-free
The advertiser will give you the exact address on request.
04275 Leipzig
Sachsen
Rent excluding bills
505 €
Purchase price
265.200 €
Living area
72 m²
Rooms
3
TraumImmo ID: JNUQSY3
Partner ID: 575465098
Partner listing by: RegionalImmobilien24
Advertiser:
Anonymous

Key facts

TypeGround-floor flat
Living area approx.72 m²
Rooms3
Balcony

Purchase price & costs

Rent excluding bills505 €
Purchase price265.200 €
Price per m²3,676.19 €/m²
Commissionno commission for buyers

About this apartment

For sale is an approximately 72.14 m² condominium in the popular Südvorstadt district of Leipzig. The apartment is located in a multi-family building constructed in 2003, which has a total of 35 residential units. The property includes an underground garage with 24 individual parking spaces and a passenger elevator, providing convenient access to every unit. The common property is in well-maintained condition. The heating system in the property was comprehensively renewed in 2023. A modern, innovative gas condensing boiler was installed.

The 2-room apartment has a bathroom with a bathtub and shower. Another special feature is the terrace with a small garden area.

The apartment has been rented since 01/08/2020 and is therefore well suited as an investment property. The current annual net cold rent amounts to €6,060.00. The property management is currently reviewing a possible rent increase.

At present, residential units 1 and 2 have been combined at the tenants’ request and expense. The opening was professionally executed. It was contractually agreed that, in the event of termination, the opening must be professionally closed again at the tenants’ expense. The two apartments have a total living area of approximately 160 m².

In addition to the residential unit, an underground parking space can be purchased upon request for an additional €25,000. All parking spaces are currently rented, but the rental agreements can be terminated subject to a three-month notice period.

A partial area in the rear courtyard of the property, which still needs to be surveyed, will be separated in the future and will no longer form part of the common property. A first draft of the possible subdivision is attached to the exposé.


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Advertiser:
Anonymous

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