| Type | Block of flats |
|---|---|
| Living area approx. | 1426 m² |
| Year built | 1975 |
| Available from | Nach Vereinbarung |
|---|---|
| Rooms | 72 |
| Heating | Stove heating |
| Fuel type | Coal |
| Plot area | 4406 m² |
|---|---|
| Parking spaces | 24 |
| Condition | Needs renovation |
| Purchase price | 270.000 € |
|---|---|
| Price per m² | 189.34 €/m² |
| Commission | no commission for buyers |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsOffered here is an apartment building with 24 residential units, constructed in solid fashion. The fully basemented property consists of four entrances, with 6 residential units each. The attic can be converted into additional living space. The basement rooms and attic are fully usable.
For sale is an apartment building whose unchanged structural substance is indestructible. This is ideal for renovating according to your own ideas with the help of several suitable funding programs and benefiting from them (KfW, Sächsische Aufbaubank, etc.). In preparation for the renovation, two entrances of the apartment building have already been vacated to begin the renovation. The remaining two entrances are almost fully rented.
CURRENT rent: €17928, largely vacated for renovation
TARGET rent after renovation: €133554
Once the first two entrances have been completed, tenants can be offered a move to the corresponding higher rents, so that the renovated entrances are occupied immediately and generate rental income.
The property requires renovation. Since there have been no intermediate renovations apart from the windows, a property can be created here that is completely sound and tailored to your own ideas.
The first tenants are already guaranteed, as the current tenants are all very reliable and have signed agreements allowing them to move into the renovated apartments at a higher rent.
Renovation concepts with KfW participation amounting to 35% of the total renovation costs already exist and can be adopted by agreement upon purchase.
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Microlocation:
Schleife is a very orderly, friendly, and attractive municipality. The apartment building is in a prime location within the municipality. Opposite the apartment building, in a beautiful green setting, there is a street with almost everything needed for daily life: Sparkasse, dentist, general practitioner, pharmacy, supermarket, bakery, hairdresser, drugstore, and a physiotherapy practice and school nearby.
The train station is 600m away.
Macrolocation:
With Schleife, the property is ideally located close to the city of Weisswasser (8.5 km away), Spremberg (14 km away), and Cottbus (35 km).
