House for sale • 493 m² without real estateHeinrich-Heine-Strasse 13 Gera Gera Thüringen 07548

Multifamily house in Gera-Debschwitz, Heinrich-Heine-Straße 13. The building, constructed around 1920 using load-bearing construction, is located on a quiet side street off Wiesestraße. The façade has been restored with refurbished Gründerzeit elements. In 1992/93 the house was completely renovated. In 2013 a gas condensing boiler from Buderus was added. Since then, all maintenance tasks have been continuously carried out and tenant renovation requests have been fulfilled.

The building comprises nine residential units—seven two-room and two three-room apartments—with a total of approximately 420 m² of living space. Four of the apartments feature a balcony. The property also includes a rear courtyard, used by the tenants as a communal garden. The apartments have been modernized to varying degrees: cable and satellite TV are available.

The property is currently fully rented. The leased apartments yield an annual net cold rent of around €27,400 (factor approximately 15). Property management is provided by an on-site management company.

The property can be acquired as a package together with the property at Schmelzhüttenstraße 28.

The multifamily house is located at Heinrich-Heine-Straße 13, 07548 Gera, in the Debschwitz district. The quiet residential street lies between Wiesestraße and Elsterdamm, southwest of the city center. It is only a few minutes’ walk to tram line 3 with stops at Oststraße or An der Spielwiese. Shopping opportunities are available on Wiesestraße and Elsterdamm, and Gera Süd train station is also nearby. The city center is about 1.5 to 2 km away. The Debschwitz regular school on Darwinstraße is located roughly half a kilometer to the south. The city is connected via B2, B92, and A4 (junctions Gera-Langenberg and Gera-Leumnitz). Debschwitz was incorporated into Gera in 1912 and is bounded to the east by the Weiße Elster and to the west by the city forest.