Characterful residential ensemble with balconies and parking spaces

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Selling Price & Extra Costs

About this dream investment property

Property Description

This apartment building ensemble in Altenburg offers an attractive capital investment with a total living area of 646.52 m². The front building along the street and the rear building behind it were built around 1915 in solid construction and extensively modernized in 2002. Both centrally heated buildings present themselves in a well-kept and contemporary condition.

The 4-storey front building is fully basemented. The attic was converted for residential use, creating additional, highly sought-after living space. The residential units are accessed via a central staircase and are equipped with PVC, laminate and tiled floors as well as balconies. Some units are designed as maisonette apartments. The 3-storey rear building is not basemented and has a clear, functional layout.

The ensemble includes six outdoor parking spaces and four carports. Nine of ten are rented and generate additional rental income of around €260 per month.

With its historic building fabric, the modernization from 2002 and the solid rental situation, this property ensemble offers a long-term value-stable investment opportunity in an established residential area of Altenburg.

" fresh, committed, solid "

The Künne Immobilien Group is a professional service provider in the real estate sector and is available to you in the areas of project development, sales, letting, administration and facility management.

For further information and insights, visit our homepage: www.kuenne-gruppe.de Do you want to sell your property? Whether it is an apartment building or single-family home, condominium, plot of land or new-build or developer project. We broker your property competently, transparently and quickly, nationwide.

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