Published on 04/06/2026 · Last checked on 08/08/2026
| Type | Multi-Family House |
|---|---|
| Living Area ca. | 300 m² |
| Rooms | 10 |
|---|
| Property Area | 338 m² |
|---|---|
| Bathrooms | 3 |
| Selling Price | 89.000 € |
|---|---|
| Price per m² | 296.67 €/m² |
| Courtage | 7,14% (7,14% vom Kaufpreis (inkl. MwSt.)) |
Offered is a three-story, basemented apartment building in a central location in Greiz. Year of construction approx. 1900.
Apartment building in a central location in Greiz – investment property with development potential
Property type: Apartment building
Living area: approx. 3 x 100 m² (plus attic expansion reserve approx. 100 m²)
Plot: approx. 338 m²
Year of construction: approx. 1910
Construction: brick masonry, fully basemented
Condition: completely in need of renovation, no heating
Location: Grünrathstraße, centrally in Greiz
Property description
This historic apartment building from 1910 offers attractive investment and development potential in a central location in Greiz. The property has three spacious residential units of approx. 100 m² each. The attic offers a further approx. 100 m² of expansion reserve, ideal for additional living space or rental apartments.
The house is fully basemented, the exterior and interior walls consist of robust brick masonry, which provides a solid basis for a comprehensive renovation. The building is currently not listed as a historic monument and is not located in a redevelopment area – investors can plan and modernize freely here.
The location on Grünrathstraße allows excellent access to all inner-city facilities, shopping opportunities, schools and medical care – ideal for future tenants.
Highlights & potential for investors
Three spacious residential units of approx. 100 m² each
Attic with approx. 100 m² expansion reserve
Fully basemented – additional storage space or utility room
Brick masonry – solid building structure
Free design possibilities without heritage protection requirements
Centrally located in Greiz, short distances to all city facilities
Opportunities & development possibilities
Complete renovation to modern standards
Installation of a heating system (gas, pellet, heat pump possible)
Attic conversion for additional rental space
Long-term increase in value through modernization in a central location
Attractive yield opportunities when rented out after renovation
Conclusion
This apartment building in Greiz offers investors the unique opportunity to acquire a historic property with high development potential. Thanks to the central location, the solid building structure and the free design possibilities after renovation, attractive rental income and sustainable value appreciation can be realized.
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