House for sale • 760 m² without real estateChemnitz Kaßberg Sachsen 09112

Stylish multi-family house in a prime location with a very attractive overall package:

- Stable income due to FULL RENTAL and a solid tenant clientele

- Convincing profitability: current annual basic rent is just under €50,000, which corresponds to approximately a 7% cold rental yield spread over about 760 m² of living space, with additional potential for rent increases

- Future-proof thanks to a comprehensive renovation in 1996, during which the charm of the spacious apartments was preserved so that the house still offers the attractive sizes in demand today across its nine apartments (2-, 3-, and 4-room units). All apartments also feature daylight bathrooms and spacious kitchen-living areas. One two-room apartment was completely and elegantly modernized in 2022, including elaborate refurbishment of the stucco elements, the original panelled doors, renewal of the plaster (breathable lime plaster + silicate paint), installation of a modern bathroom with a freestanding bathtub + shower, double washbasin, bidet, decorative tiles and vitrified ceramic flooring, high ceilings with spotlights as well as floor-to-ceiling windows, designer radiators, and fitted kitchen furniture

- Energy sustainability provided by an existing connection to the municipal district heating network and a completely renewed hot water system scheduled for 2025

- Highly sought-after MICRO-location: The Kaßberg is one of the largest contiguous Gründerzeit quarters in Germany and has always been the preferred choice for both longtime residents and newcomers, situated only a 5-minute walk from the city center and the castle pond. The building is also located in the quiet inner area of the Kaßberg, with everyday essentials (bus stops, employers, pharmacy, parks, school, high school, shopping center, discount grocery stores, doctors/hospitals, fitness center, restaurants, bars, cafés, church, clubs etc.) in immediate proximity

- Convincing MACRO-location: Chemnitz is the third-largest city in Saxony with approximately 250,000 inhabitants, serving as an upper regional center. The independent city forms the economic and cultural heart of the Chemnitz-Zwickau region, with a catchment area of around 1.42 million people. The city has a per capita purchasing power comparable to cities like Berlin, Dresden, and Leipzig. The attractiveness of Chemnitz as an industrial and residential location received a significant boost when it was chosen as the European CULTURAL CAPITAL for 2025, which resulted in greatly increased publicity and high investments (around €90 million from EU, state, and federal programs along with countless additional private investments)

- Direct access and control through global ownership (asset or possibly share deal available) and cost-efficient acquisition directly from the owner

The rental building is located in a quiet area on a side street, right in the heart of the city's most populated district – the beautiful Kaßberg. Here, living is attractive: architecture, greenery, and urban development create a lively neighborhood. Residential buildings with magnificent facades, beautiful villas, and parks characterize the Kaßberg, which has been designated a conservation area since 1991. Buildings in the historicist, Art Nouveau, and New Objectivity styles evoke memories of the once-affluent, Europe-renowned industrial city.

About a hundred years later, after the post-war reconstruction, the district has once again become a magnet. Attractive living in a historic or modern home, excellent local amenities for daily needs, and a wide range of leisure opportunities draw a new clientele that enlivens the area. Cafés, bars, pubs, snack stands, and quality restaurants provide a solid basis for meals, socializing, and experiences. Clubs, a fitness center, a climbing hall, a nearby swimming pool, and a gondola station at the castle pond offer opportunities for sports and both active and relaxed cultural enjoyment.

Within a few hundred meters, you will also find kindergartens and various schools. The city center is easily accessible on foot through tree-lined streets bordered by front gardens. In about fifteen minutes, you can reach the wooded slope of the Kaßberg, stroll down to the river that gave the city its name, and head into the downtown area. With public transportation offering more than a dozen lines within a half-kilometer radius, you can easily choose a suitable route. With your own vehicle, you can reach the A72 or A4 motorways in just under five kilometers.

Short distances and a diverse range of offerings are the great advantages of central living with us – in the heart of the Kaßberg!