| Type | Block of flats |
|---|---|
| Living area approx. | 115 m² |
| Bedrooms | 2 |
| Rooms | 4 |
|---|---|
| Bathrooms | 2 |
| Plot area | 790 m² |
|---|---|
| Usable floor area | 73 m² |
| Purchase price | 105.000 € |
|---|---|
| Price per m² | 913.04 €/m² |
| Commission | 4,76% |
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More financing calculators and assumptionsThis residential and commercial building is centrally located in Geringswalde. The market square and numerous facilities for everyday needs are just a few steps away. The property offers versatile usage options and is suitable both for owner-occupation and as an attractive investment.
The building was partially renovated and modernized in 1998/2000 and has a partial basement as well as a ground floor, first and second upper floors, and an attic floor. Its use is divided into a commercial unit on the ground floor and two residential units on the upper floors.
The commercial unit on the ground floor covers an area of approx. 36 m² and was used until June 2026. The two apartments have living areas of approx. 51 m² to 64 m², offering ideal conditions for singles, couples, or small households. The entire property is currently vacant and can be re-let or occupied by the new owner immediately after purchase. The apartment on the first upper floor has been cleared and will be handed over vacant.
Another advantage is the outbuilding located behind the residential building, which is ideally suited as storage space, a workshop, or for a variety of hobbies and other uses.
A sunny garden with a terrace is located at the rear of the property, offering residents a pleasant outdoor retreat. It is ideal for spending relaxing hours or implementing individual landscaping ideas.
In addition to its usage options, the property also offers interesting yield potential. The last recorded net rental income for the retail unit amounted to approx. €2,460 per year. With all units fully rented, annual net rental income of around €10,140 can be achieved. The property therefore represents an interesting investment opportunity for both owner-occupiers and investors in a central location in Geringswalde.
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