| Type | Block of flats |
|---|---|
| Living area approx. | 300 m² |
| Bedrooms | 5 |
| Rooms | 15 |
|---|---|
| Bathrooms | 5 |
| Plot area | 1156 m² |
|---|
| Purchase price | 295.000 € |
|---|---|
| Price per m² | 981.70 €/m² |
| Commission | 0 |
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More financing calculators and assumptionsAttention investors – attractive investment in the Ore Mountains!
For sale is a well-maintained apartment building in the charming Mitteldorf district of Stollberg. This property combines stable rental income, modern features and attractive appreciation potential – a rare opportunity you should not miss!
The building comprises five well-designed residential units, is fully rented and additionally offers up to eight car parking spaces and three garden areas, which can also be rented out.
Your advantages at a glance:
- Annual net cold rent (since 01/01/2025): €21,633 (€/1,802.75 per month)
- Potential through additional rentals: up to €24,693 annually (€/2,057.75 per month)
- Purchase price factor: only 11.94 annual rents based on the target rent
- Gross rental yield: a strong 8.37% based on the target rent
- commission-free sale directly from the owner
Solid structure – continuously modernized:
The apartment building was extensively renovated in 1999:
- Replacement of wooden beam ceilings with concrete ceilings
- Installation of an oil-fired condensing central heating system (6,000 l tank capacity)
- Renewal of electrical systems, bathrooms, windows and roof (concrete roof tiles)
Further measures:
- 2015: Construction of a fully biological wastewater treatment plant
- 2017: Merger of two attic apartments, partial renovation of the basement, renewal of bathrooms, floors, interior doors and electrical systems
- 2024: Renovation of two apartments, re-letting, façade and plinth renovation on three sides
Layout of the apartments:
- 2 × 2-room apartments
- 2 × 3-room apartments (50–55 m² each)
- 1 × 5-room apartment (87.5 m²)
The compact, well-designed apartments are particularly appealing to singles, couples and seniors – ideal target groups for long-term rentals. All units have their own basement storage rooms, as well as access to a ventilated drying room and a laundry room with separate connections.
Conclusion:
This property offers you not only immediate, stable income, but also long-term development potential. A solid investment in a quiet location with a high occupancy rate – seize the opportunity now!
Please feel free to contact us for further information or to arrange a viewing. We look forward to hearing from you!
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519.000 € +++Your new home in Stollberg: beautiful detached house in a quiet location+++09366 Stollberg
299.500 € ++ historic apartment building as a secure investment ++09366 Stollberg/Erzgeb.
203.249 € Build with allkauf and secure a floor slab bonus! Call me at 0172-954732709366 Stollberg/Erzgeb