House for sale • 458 m² without real estateÄußere Weberstraße 16, , Saxony
Äußere Weberstraße 16, , SaxonyParking6 apartments + commercial | approx. 458 m² total area | extensively modernized in 2026 | fully rented | attractive factor approx. 10
A high-yield residential and commercial building in Zittau – fully rented and partly extensively modernized.
For sale is a residential and commercial building from 1885 in Zittau. The property comprises a total of 6 residential units plus one commercial unit and has an overall area of approx. 458 m². Of this, approx. 278 m² is residential space and approx. 180 m² is commercial space.
The property is currently fully rented and yields a monthly net cold rent of €3,706, corresponding to an annual net cold rent of €44,472.
In 2026, four of the six apartments as well as the commercial unit were renovated and modernized. This means the property combines an already significantly modernized stock with ongoing and immediately available rental income.
At a purchase price of €445,000, a gross rental yield of approx. 10.0% and a price factor of around 10 are achieved.
Another practical advantage is the parking situation: right across from the property is a free-to-use parking lot with capacity for roughly 30 vehicles, which offers substantial added value for both residents and commercial use.
The property is especially suitable for investors and current owners looking for a combination of ongoing cash flow, full occupancy, modernized stock, and an attractive yield profile.
Key Data:
• Purchase price: €445,000
• Annual net cold rent: €44,472
• Monthly net cold rent: €3,706
• Gross rental yield: approx. 10.0%
• Price factor: approx. 10.0
• Residential area: approx. 278 m²
• Commercial area: approx. 180 m²
• Total area: approx. 458 m²
• Units: 6 apartments + 1 commercial unit
• Occupancy: 100%
• Year built: 1885
• Modernization in 2026: 4 apartments + commercial unit
Direct sale by Hejny Immobilien UG – no commission!!!
The property is located in a central area of Zittau on Äußere Weberstraße. The location combines excellent inner-city infrastructure with short distances to shopping options, public transport, and daily amenities.
A bus stop is only a few minutes’ walk away, and the Zittau train station is conveniently reachable in around 1 km. Shopping facilities, bakeries, pharmacies, doctors, as well as schools and kindergartens are also in the immediate vicinity. The historic city center of Zittau—with its shops, restaurants, cafés, and cultural institutions—is also quickly accessible.
Another location advantage is the Hochschule Zittau/Görlitz, with its campus in Zittau. This makes the city attractive not only for families and professionals but also for students and university staff as a place to live.
Zittau is located right at the tri-border area of Germany, the Czech Republic, and Poland, offering a unique cross-border location. The Czech city of Liberec and numerous work, shopping, and leisure opportunities in the Czech Republic and Poland are easily accessible.
For leisure and local recreation, the region offers diverse options with the Zittau Mountains, Olbersdorf Lake, and numerous hiking and cycling trails.
The combination of a central residential location, good infrastructure, a university presence, and the position in the tri-border area makes the location interesting both for owner-occupiers and from a rental perspective.
The property combines the distinctive charm of an old building with partly modernized and contemporarily equipped residential and commercial spaces.
Several units have been renovated or modernized in recent years and now present a well-maintained, modern appearance.
Features include – depending on the unit – among others:
• Spacious and bright rooms with large windows
• Modern wood-look flooring
• Contemporary fitted kitchens in select units
• Modernized wall and surface areas
• High ceilings or the typical ambiance of historical buildings
• Well-maintained PVC windows
• Partially modernized sanitary facilities
• An attractive combination of classic architectural details and modern interior design
• Separate residential and commercial uses within the building
Especially noteworthy is the spacious commercial/office area, which has been designed in a modern and representative manner and is flexibly suited for various commercial use concepts.
The specific equipment and modernization status may vary by unit. Further details can be found in the property description and photo documentation.
Property characteristics
| Age | Over 5050 years |
|---|---|
| Listing ID | 1063946 |
| Land space | 205 m² |
| Price per unit | €971.62 / m2 |
| Condition | After reconstruction |
|---|---|
| Usable area | 458 m² |
| Total floors | 3 |
What does this listing have to offer?
| Basement | |
| Terrace |
| Parking |
What you will find nearby
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