House for sale • 343 m² without real estateWasserstraße 20, , Saxony

For sale is an exceptional residential and commercial building in an outstanding old town location in Radeberg, directly opposite Klippenstein Castle. The property combines the charm of a listed historic old town building with a new construction built in 2011 that harmoniously integrates into the historic ensemble.

The listed old building underwent a comprehensive gut renovation between 2003 and 2005. During that process, the building was stripped down to its load-bearing structure and completely renewed in terms of technology. The historic interior doors as well as, where present, the characteristic wide wooden floorboards were preserved.

The estate includes a courtyard designed with historic old town cobblestones, featuring preserved remnants of the former city wall, as well as a garden of approximately 100–120 m² – a rare combination right in the midst of the historic old town.

The residential and commercial building comprises three residential units with a total of 343 m² of living space and one commercial unit of 39 m². The largest residential unit, approximately 165 m², is currently vacant and can be used immediately by the owner or rented out at market rates. The combination of historic building fabric, high-quality core renovation, a new building that fits harmoniously into the ensemble, and the exceptional location makes this property a rare opportunity.

The property is located in one of the most attractive areas in Radeberg – directly opposite the historic Klippenstein Castle in the heart of the old town. Its unique location lends the property a special historic ambience and is among the city's most sought-after residential areas. Right at the castle, a popular hiking trail through the Hüttertal – one of the most beautiful recreational areas in the region – begins. The idyllic valley with its hiking and walking paths is popular with both locals and visitors and offers high leisure and recreation value.

The marketplace, shops, restaurants, cafés, doctors, pharmacies, as well as cultural and public facilities are all within easy walking distance. In addition, the municipal swimming pool, several daycare centers, a primary school, a secondary school, and a high school are in close proximity.

Radeberg is located northeast of the Saxon state capital Dresden on the edge of the Dresden Heath and offers excellent infrastructure along with very good transport connections. Dresden’s city center can be reached in about 15 minutes by car. Radeberg station provides good access to public transport, and Dresden Airport is quickly accessible via the A4.

The combination of the historic old town, high residential and quality of life, diverse leisure opportunities, and proximity to the state capital Dresden makes this location especially attractive for both residents and businesses.

The old building comprises two residential units. The currently vacant main apartment stretches across the ground and first floors and offers approximately 165 m² of living space. The apartment is unoccupied at the moment and can be immediately used for owner-occupation or re-let. It is suitable as both a spacious family apartment for self-use and as an attractive rental unit. Thanks to the existing separate apartment entrances, there is also the possibility to split this unit into two independent apartments without major structural work.

A special feature of the main apartment is a guest suite on a mezzanine level, accessible separately via the staircase hall, complete with its own balcony, shower room, and toilet. This separate area is ideal as a guest suite, home office, living space for an adult family member, or for multi-generational living.

Additionally, the main apartment includes a side room of approximately 15 m² which, due to its structural conditions, is not classified as living space and is ideal as a hobby room, storage room, or utility/washing room.

The rented attic apartment offers about 99 m² of living space along with a wooden balcony. As part of the core renovation of the old building, the roof, facade, windows, all supply and disposal lines, as well as the heating, electrical, and sanitary installations were entirely renewed. The attic apartment was completely dismantled, rebuilt, and is now highly thermally insulated.

The new construction built in 2011 includes another rented residential unit of approximately 79 m² of living space, a commercial unit (currently a hair salon) of about 39 m², and an integrated double garage. The new building impresses with its modern construction, featuring contemporary thermal insulation, underfloor heating, and an energy efficiency rating of class B (final energy consumption of 65.47 kWh/(m²•a)). For the listed old building, no energy certificate is required by law.

Heating is provided by three separate gas boilers. The new building is entirely equipped with underfloor heating, while in the old building the apartments are mainly heated with radiators; the main apartment also benefits from underfloor heating on the ground floor.

Among its special features, the old building has three fully operational fireplaces. On the ground floor, there is a high-quality tiled storage heater with green-glazed Meissen oven tiles; on the first floor, a soapstone fireplace; and in the attic apartment, a Wamsler stove. All fireplaces are fully operational and provide a cozy living atmosphere as well as an additional heating option. In the new building, a chimney is already in place, allowing for the retrofit of a fireplace or tiled stove if desired.

The old building is almost entirely basemented and includes a historic vaulted cellar. Spacious attic areas provide additional storage and usable space; the attic above the new building further opens up additional usage possibilities and expansion potential. The total usable area is approximately 237 m².

A fiber optic connection is already available.

The property is suitable both as a long-term investment and for buyers looking to combine owner-occupation with rental income. Through the combination of three residential units, one commercial unit, and the potential to split the main apartment into two residential units, various usage and development options are available.

The current annual net cold rent amounts to €16,092. The currently vacant main apartment of approximately 165 m² of living space can be used immediately for personal occupancy or rented out at market rates. Furthermore, a potential later division of the main apartment offers additional income potential. The vacant main apartment enables the buyer to set the rent level and select tenants, and it can be taken over at short notice upon agreement.

Viewings are available by prior appointment.