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Solid construction as an end-of-terrace house at the “Park der Generationen” in a quiet old-town location, with an appealing façade and 4 full floors containing 7 residential units with a total living area of approx. 367.5 m²:
Ground floor - 3-room apartment with approx. 73.6 m² 1st floor left - 2-room apartment with approx. 54.3 m² 1st floor right - 2-room apartment with approx. 45.0 m² 2nd floor left - 2-room apartment with approx. 56.0 m² 2nd floor right - 2-room apartment with approx. 45.6 m² Attic left - 2-room apartment with approx. 53.0 m² (maisonette) Attic right - 2-room apartment with approx. 40.0 m² (maisonette)
Basement: with basement, basement and plot units newly renovated, attic: converted Generous tenant storage rooms as well as an additional storage/bicycle or drying room on the ground floor, at least 8 public parking spaces; Floor plans are practical and highly sought-after. The property underwent extensive renovation in 1995, followed by ongoing renovation measures; the latest modernizations were carried out in 2019, 2020, 2021 and 2025 Natural lighting and sunlight: good Heating: New central gas heating system in 2021 Solar system installed in 2021 to support the heating system; Windows: PVC with double insulating glazing / sound insulation and roof tilt windows; Fully serviced (road construction, sewer connection, gas and electricity connections); Contribution/levy status: free of contributions and levies Contaminated sites or building encumbrances: none
Fittings and features, as described
Solid renovation and modernization, new heating system with gas condensing boiler and hot-water preparation in 2021 with solar support (installation in 2021). Modern floor plans with sought-after layouts. Shared use of the bicycle/drying room and garden area. Newly renovated ground-floor and attic apartments with high-quality fitted kitchens.
Other
Annual net cold rent for living space: 367.5 m² Actual cold rent p.a.: €27,730.00 Target cold rent p.a.: €33,535.00 Approx. target market value: €530,000.00
Location
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Location details
Municipality data: Large district town Reichenbach, number of inhabitants: approx. 20,000 State: Saxony
Supra-local connection: Nearest larger city: Zwickau, approx. 25 km away State capital: Dresden, approx. 134 km away Federal highway: B 94 and B 173, approx. 0.2 km away Freeway access: A 72, approx. 3 km away train station: Oberer Bahnhof, approx. 0.4 km away Airports: Hof-Plauen, approx. 18 km away, Halle/Leipzig approx. 140 km away and Dresden approx. 135 km away
Intravillage location: Near city center, mixed area Stores for daily needs in the immediate vicinity (Kaufland, REWE, Netto, Lidl, Aldi, OBI) all public transportation (bus and train) within walking distance
Other infrastructure: Elementary school, Goethe high schools with the Goetheschule and Friedensschule, vocational school center, kindergartens, doctors' offices, New Medical Center, pharmacies, New Swimming Pool (open-air pool) Oberreichenbach and sports fields in about 1 km distance. City park at the post office square, Park of Generations, Park Oberreichenbach Near Göltzschtal bridge and Mylau castle
