Modernized apartment building with 4 units – owner-occupation or investment – Photo 1

Modernized apartment building with 4 units – owner-occupation or investment

The advertiser will give you the exact address on request.08523 PlauenSachsen
Purchase price
390.000 €
Living area
365 m²
Rooms
16
TraumImmo ID: MAMRHKV
Partner ID: 084852210

Published on 04/09/2026 · Last checked on 22/09/2026

Advertiser:
RegionalImmobilien24

Key facts

TypeBlock of flats
Living area approx.365 m²
Rooms16
Bathrooms4
Cellar

Plot area240 m²

Purchase price & costs

Purchase price390.000 €
Price per m²1,069.37 €/m²
Commission1,79%

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About this house

The multi-family building, constructed around 1901 using solid construction methods, underwent extensive core renovation around the year 2000. In 2024/2025, the residential units underwent another comprehensive modernization and renovation. Today, the building presents itself in a well-maintained and contemporary condition without having lost its classic period-building character.

The building comprises a total of four residential units with a total living area of approx. 365 m². On the ground floor, 1st upper floor and 2nd upper floor, there are three almost identically laid-out four-room apartments, each with approx. 85 m² of living space. The spacious maisonette apartment on the top floor has approx. 110 m² of living space.

The three apartments on the standard floors are currently vacant and are being offered for rent alongside the sales marketing process. A monthly net cold rent of €578.50 is planned for each of these apartments. The maisonette apartment is already rented for a monthly net cold rent of €715.00.

When fully let, this results in a target annual net cold rent of €29,406.

The property is therefore equally suitable for investors and buyers who wish to occupy one apartment in the building themselves and rent out the remaining units. This combination of owner-occupation and ongoing rental income opens up particularly interesting usage opportunities.

The modernized apartments feature bright rooms, classic layouts, modernly designed bathrooms and a uniform, well-maintained standard of fixtures and fittings. Preserved wooden doors and the characteristic façade design emphasize the building’s traditional period character.

The building also includes a basement with several storage and ancillary rooms. According to the schematic existing documentation available, the basement area totals approx. 94 m².


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Advertiser:
RegionalImmobilien24
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