House for sale • 508 m² without real estateSachsenstr. 23, , Saxony

For reasons of age, I am parting with my multi-family house located in an attractive residential area, which has already been divided into 8 condominium units, thus offering you maximum flexibility in the event of a later individual sale or portfolio management. The apartments are currently rented at an average of only €5/sqm net/cold and offer potential for upward adjustment, meaning that the current annual net rent of approximately €30,000 provides an expandable yield.

The property is located in a central area with good infrastructure. All everyday shops are within walking distance. In the immediate vicinity, the idyllic "Paradise Gardens" in the Mühlbach Valley (known from the state garden show) invite you for walks and relaxation in the greenery. The transport connections via the A4 motorway and the B169 at the town's exit, as well as its proximity to Chemnitz (12 km) and the economic regions of Dresden and Leipzig, can be described as optimal.

The building underwent a comprehensive core refurbishment from 1996 to 1998 (including all utilities, roof, facade, and interior finishing). In 2024, a highly efficient new gas central heating system was installed. Each apartment has its own basement storage. All rooms are accessible from the hallway. All bathrooms have windows, a bathtub, and a shower, as well as toilets with pre-installed wall enclosures.