| Living area approx. | 262 m² |
|---|---|
| Bedrooms | 1 |
| Bathrooms | 1 |
|---|
| Plot area | 359 m² |
|---|---|
| Usable floor area | 262 m² |
| Rent excluding bills | 1476 € |
|---|---|
| Purchase price | 210.000 € |
| Price per m² | 801.53 €/m² |
| Commission | 3,57% (3,57 % Käuferprovision vom Kaufpreis inkl. gesetzl. MwSt.) |
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More financing calculators and assumptionsIn the established and well-connected residential area of Plauen, we are offering you an attractive condominium package consisting of four residential units in a solidly constructed apartment building. The building was newly constructed in 1994 and first occupied in 1997. It comprises a total of 10 apartments and is situated on a 359 m² plot. The overall condition of the property is very well maintained and has been continuously improved through ongoing modernization measures.
The package consists of two ground-floor apartments with terraces and two apartments on the 1st upper floor with balconies. All four units each have a living area of approximately 65 m². Depending on the layout, they can be used as 2- or 3-room apartments.
The apartments are predominantly rented to long-standing and reliable tenants, indicating stable and sustainable rental income. Current monthly net rental income amounts to EUR 1,476.44 (EUR 17,717.28 annually). This offer is therefore particularly suitable for investors who value a solid return from an existing property portfolio with further development potential. Individual sale of the units is also possible.
The floor plans are functional and contemporary and each comprise a living room and bedroom, kitchen, bathroom, and central hallway. The ground-floor apartments benefit from terrace areas, while the upper-floor apartments are equipped with balconies, providing additional living comfort. All four apartments impress with very good natural lighting and feature large window areas, particularly in the living rooms and bedrooms, creating a bright and welcoming living atmosphere.
A particular advantage is the different levels of modernization among the units. Three of the four apartments were extensively modernized in 2017 or 2025 and present themselves in a contemporary condition. One additional unit was last modernized approximately 20 years ago and therefore offers further potential for increased value and rent adjustments.
Significant investments have also been made at the building level in recent years. An elevator was newly installed in 2018, the heating system was completely replaced in 2026, and the large glass elements, including the terrace doors, in the ground-floor apartments were replaced. These measures make a significant contribution to the property’s sustainable value stability and attractiveness.
The features include Predominantly laminate and tiled floors, bright living spaces, and functional bathrooms. Each unit also has its own separate basement storage compartment, providing additional storage space.
Overall, the multi-family building is in a very well-maintained condition and is entirely intended for residential use. The location on Breitscheidstraße offers good infrastructure, with short distances to shopping facilities, public transport, and other amenities for everyday needs.
This apartment package represents an attractive investment opportunity with a stable rental situation and additional development potential. The combination of the well-maintained overall condition, modernizations already carried out, and the division into several units within one building provides an excellent basis for sustainable rental income and long-term appreciation.
Take advantage of this opportunity and secure a high-yield real estate investment in Plauen. We will be happy to provide further information or arrange a viewing appointment.
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