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

Stylish apartment building in a prime location with a very attractive overall package:

- Stable income from FULL OCCUPANCY and a solid tenant clientele

- Convincing economic efficiency: The current annual net rent is just under €50,000, corresponding to approximately a 7% net rental yield distributed over approximately 760 m² of living space, with additional potential for rental increases

- The building is divided by condominium ownership (WEG) – floor by floor – as follows:

• TE1 on the ground floor: contains 2 residential units

• TE2 on the first floor: contains 2 residential units (simple combination possible)

• TE3 on the second floor: contains 2 residential units (simple combination possible)

• TE4 on the third floor: contains 2 residential units (simple combination possible)

• TE5 in the attic: contains 1 residential unit as well as attic rooms with development reserve (simple combination or expansion possible)

Additional development reserve in the roof apex (currently used as a laundry drying area)

- Future viability through extensive renovation in 1996, during which the charm of the large apartments (floor plans and ceiling heights) was largely preserved, resulting in attractive and popular sizes among the total of nine apartments (2-, 3-, and 4-room). All apartments also feature daylight bathrooms and spacious living kitchens. One two-room apartment was completely and high-quality modernized as recently as 2022, including elaborate refurbishment of stucco elements, the original paneled doors, renewal of the plaster (breathable lime plaster + silicate paint), installation of a modern bathroom with a freestanding bathtub + shower, double washbasin, bidet, ornamental tiles and stoneware flooring, high intermediate ceilings with spotlights as well as a floor-to-ceiling triple-glazed door, designer radiator, and built-in kitchen furniture.

- Energy sustainability through connection to the municipal DISTRICT HEATING network already in place and completely renewed hot water preparation in 2025

- Highly sought-after MICRO-location: The Kaßberg is one of the largest contiguous Gründerzeit districts in Germany, and its charm has always made it the preferred choice for both Chemnitz residents and newcomers. It is only a 5–10 minute walk from the city center and the Schloss pond. The building is also located in the quiet inner part of the Kaßberg, with all daily necessities in the immediate vicinity (bus stop, employers, pharmacy, parks, school, high school, shopping center, discount supermarkets, doctors/clinics, fitness center, restaurants, bars, cafés, church, clubs, etc.). Car parking is available free of charge in the public parking areas nearby.

- Convincing MACRO-location: Chemnitz is the third-largest city in Saxony as an upper center, with approximately 250,000 inhabitants. 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 such as 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 Capital of Culture for 2025, thanks to greatly increased recognition and high investments (approximately €90 million from EU, state, and federal programs as well as 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 property is located in a quiet area on a side street. Right in the most populated part of the city—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 declared a landmark area since 1991. Buildings in the Historicist, Art Nouveau, and New Objectivity styles remind one here of the once prosperous, internationally renowned industrial city.

Approximately one hundred years later, after the elimination of war damage, the district has once again become a magnet. Beautiful living in a historic or modern home, good local amenities for daily needs, and a wide range of leisure activities attract a new clientele that enlivens the neighborhood.

Cafés, bars, pubs, fast food joints, and fine restaurants provide a solid basis for dining, experiences, and communication. Clubs, fitness centers, a climbing hall, a nearby swimming pool, and a gondola station at the Schloss pond offer opportunities for sports and active or passive cultural enjoyment.

Within a few hundred meters, you will also find kindergartens and various schools.

The city center is easily accessible on foot – via streets bordered by front gardens and trees. Within fifteen minutes, you can reach the wooded slopes of the Kaßberg, down to the river that gives the city its name, and into the inner city.

By using public transport, you can choose a suitable line from over a dozen lines available within a half-kilometer radius. With your own vehicle, you will quickly be on the A72 or A4 motorway in just under five kilometers.

Short distances and a diverse range of amenities of all kinds are the great advantages of living centrally with us – in the heart of the Kaßberg!