| Living area approx. | 146 m² |
|---|
| Plot area | 430 m² |
|---|---|
| Usable floor area | 98 m² |
| Purchase price | 165.000 € |
|---|---|
| Price per m² | 1,130.14 €/m² |
| Commission | 0 |
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This well-maintained residential and commercial building in a highly visible location on a busy main road in Chemnitz-Einsiedel offers capital investors an interesting combination of ongoing rental income, long-term rental security, and additional development potential.
The property, built in 1930, comprises a total of four units, consisting of two residential units and two commercial units. An additional upgrade was carried out in 2013 through the expansion of the side annex, creating the second commercial unit.
On a plot of approx. 430 m², there is a total of approx. 147 m² of residential space and approx. 98 m² of commercial space available. The current annual net cold rent amounts to approx. € 11,665, with one commercial unit of approx. 36 m² currently vacant and thus offering further potential for increased income. The second commercial unit is let on a long-term basis and has a remaining lease term until 01/07/2035, providing investors with a solid and predictable income situation.
In 2002, extensive modernization measures were carried out, contributing to the sustainable preservation of the property's value. These included renewal of the roof covering, exterior façade, windows, doors, and staircase. In addition, the bathrooms were modernized.
Both residential units have spacious daylight bathrooms with shower and bathtub. All bathrooms are tiled up to the ceiling. Particularly noteworthy is the bathroom in the attic with a spacious corner bathtub. The shower in the bathroom on the first floor was also renewed in 2021.
The heating systems of the residential units were renewed in 2021. In addition, a new heating system for the commercial units was installed in 2025. The measures carried out underline the well-maintained overall condition and create a solid technical basis for the long-term stock.
The two residential units benefit from practical everyday features and good lettability. The offer is complemented by two outdoor parking spaces assigned to the apartments, which represent additional added value, especially in this location. In addition, tenants have access to a shared garden and cellar rooms, which further increases the attractiveness of the property for both residential and commercial tenants.
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