House for sale • 410 m² without real estateStockmannstr. 5, , Saxony

Solid building with an attractive facade and 4 full storeys featuring 5 residential units:

1 x 5-room residential unit (maisonette),

1 x 4-room residential unit (maisonette),

2 x 3-room residential units (maisonette),

1 x 2-room residential unit

Cellar: fully basemented; Attic: developed with a 3-room residential unit (maisonette);

Generous tenant cellars as well as additional separate storage rooms half-way up the stairway for each apartment; the layouts are practical and in high demand.

A comprehensive renovation was carried out in 1995, followed by ongoing renovation measures, with the latest modernizations in 2018/2020, 2021, and 2025.

Lighting and exposure: good

Heating: New gas central heating installed in 2020

Windows: plastic frames with double-insulated glazing / sound insulation and new roof tilt windows;

Fully developed (road network, sewer connection, gas and electricity connections);

Contribution/levy status: free of contributions and levies

Contaminations or building encumbrances: none

Information about the municipality:

Large county town Reichenbach, population: approximately 20,000

State: Saxony

Regional connections:

Nearest larger city: Zwickau, approximately 25 km away

State capital: Dresden, approximately 134 km away

Federal highways: B 94 and B 173, approximately 0.2 km away

Motorway access: A 72, approximately 3 km away

Train station: Oberer Bahnhof, approximately 0.4 km away

Airports: Hof-Plauen, approximately 18 km away; Halle/Leipzig approximately 140 km and Dresden approximately 135 km away

Local area:

Close to the city center, in a mixed-use area

Everyday retail (Kaufland, REWE, Netto, Lidl, Aldi, OBI) in the immediate vicinity

All public transport (bus and train) within walking distance

Other infrastructure:

Primary school, Goethe high schools (Goetheschule and Friedensschule), vocational school center, kindergartens, doctor’s practices, a new medical center, pharmacies, a new swimming pool (outdoor pool) Oberreichenbach, and sports fields approximately 1 km away;

City park at Postplatz, Park of the Generations, Park Oberreichenbach;

Close to the Göltzschtal Bridge and Mylau Castle.

Like-new and very solid renovations dating from 2018 to 2025, modern with functional layouts.

Sale is offered fully tenanted. Gross annual rent (JNKM) is approximately €33,646, with a multiplier (factor) of 13.4.

A small garden behind the house is available, as well as a TV cable connection.

A well-established local property management company manages the building. Additionally, caretaker service/winter service and stairwell cleaning can be contractually assumed.