| Living area approx. | 1294 m² |
|---|
| Plot area | 1363 m² |
|---|
| Purchase price | 620.000 € |
|---|---|
| Price per m² | 479.13 €/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.
Your inputs are calculated only in this browser and are not saved or sent to TraumImmo.
More financing calculators and assumptionsFor sale is a versatile apartment building complex in a central location in Gera – ideal for investors, project developers or property developers with an eye for potential and sustainable value appreciation.
The fully serviced plot comprises approx. 1,363 m² and contains a total of three architecturally similar apartment buildings dating from around 1900, each with three full floors, a converted attic and a full basement.
Overview of the property layout:
House 1 (renovated, approx. 1995):
– Approx. 457 m² of living space
– 8 residential units, apartment sizes from approx. 40 m² to 90 m²
– 4 currently rented
– Annual net cold rent: €9,768
– Converted attic, well-maintained condition
– Spacious, landscaped garden at the rear
Houses 2 & 3 (unrenovated, vacant):
– Approx. 418 m² of living space each
– Properties are in a derelict condition
– Ideal for comprehensive renovation or potential demolition with the option of new construction
The property offers significant development potential through the combination of existing rental income and attractive space reserves for further letting or utilization.
Your advantages at a glance:
Centrally located property complex with a solid basic structure
Partially rented, renovated property with further rental potential
Two buildings requiring renovation for development
Additional expansion potential in the attic
Large plot with garden area for use or landscaping
Attractive potential for rent increases through full occupancy and renovation
Take advantage of this rare opportunity to invest in a residential ensemble with substance and development potential. We would be pleased to provide you with further documents and arrange an on-site viewing.
" fresh, committed, solid "
Künne Immobilien Gruppe is a professional service provider in the real estate sector and is available to assist you with project development, sales, lettings, property management and facility management.
For further information and insights, please visit our homepage: www.kuenne-gruppe.de Would you like to sell your property? Whether an apartment building or single-family house, condominium, plot of land, or new-build or property development project. We market your property competently, transparently and promptly throughout Germany.
Your destination goes to Google Maps only when you submit the form. TraumImmo neither stores nor logs it.
525.000 € Development property with substance – apartment building in central Gera07552 Gera
135.000 € Attention property developers! 2 unrenovated MFH with 836 m² living space in Gera!07552 Gera
72.500 € Investment property: 3-room condominium with balcony in a good location close to the city center of Gera07546 Gera
