House for sale • 504 m² without real estateChemnitz Altchemnitz Sachsen 09120
Chemnitz Altchemnitz Sachsen 09120Public transport 2 minutes of walking • ParkingMFH with 3 residential units, each a 120 m² flat (spread over 3 floors), fully rented, plus a separate commercial unit.
All apartments feature modern layouts, have been well renovated, and are ideally suited for renting to families with children.
There is also a 144 m² commercial unit for light commercial use in the courtyard area.
This is a single-story building that is likewise rented out, resulting in a total rented area of 504 m².
Built in 1912 and completely renovated in 2016 with upscale features, in 2025 a fully new heating system was installed by professionals—with 4 years of warranty remaining on the condensing boiler (2 years standard and an additional 3 years with Vaillant).
A certificate of separability is available for this property, which means that four individual units could be created through subdivision.
The current annual cold rent is €35,000—additionally, another €2,500 could soon be generated (from the garages).
The sale is conducted strictly privately, without an agent. The selling price is therefore only €952 per m² of residential and commercial rental area.
A full one-year rent guarantee at the current rental income can be provided.
Curious? Just get in touch with me.
The property is located in Chemnitz (the third-largest city in Saxony), in a central location just 5 km from the city center. All daily necessities from A to Z are available in the immediate vicinity.
The tram stop is just a 2-minute walk away.
Each unit comes with complete underfloor heating and designer vinyl flooring, tiled bathrooms with an additional towel radiator. The bathrooms are fitted with walk-in showers and bathtubs. Each residential unit includes a balcony and a cellar. There is also a laundry and dryer room, a drying room, a bicycle storage room, and a cellar WC with a urinal and washbasin available for common use.
Gross yield: 7.29%
Calculation formula: (Annual cold rent ÷ purchase price [excluding ancillary purchase costs]) × 100
€35,000 ÷ €480,000.00 × 100
Sale is strictly private, without an agent.
Net yield: 5.65%
Calculation formula: ((Annual cold rent – non-allocable operating expenses) ÷ (purchase price + ancillary costs)) × 100
€35,000.00 – €6,000.00 ÷ (€480,000.00 + €32,860.00) × 100
Property characteristics
| Age | Over 5050 years |
|---|---|
| Listing ID | 1019842 |
| Land space | 690 m² |
| Price per unit | €952.38 / m2 |
| Condition | After reconstruction |
|---|---|
| Usable area | 504 m² |
| Total floors | 3 |
What does this listing have to offer?
| Balcony | |
| Parking |
| Basement | |
| MHD 2 minutes on foot |
What you will find nearby
Still looking for the right one?
Set up a watchdog. You will receive a summary of your customized offers 1 time a day by email. With the Premium profile, you have 5 watchdogs at your fingertips and when something comes up, they notify you immediately.