Flat for sale 2 bedroom • 58 m² without real estateChemnitz Sonnenberg Sachsen 09130

This well-maintained 2-room condominium offers investors an attractive combination of solid rental yield, ongoing rental income, and additional potential for rental increases.

The apartment, measuring approximately 58 m², is located on the second floor of a listed multi-family building from 1905 that boasts a well-kept staircase and an elevator.

It was renovated in 2021 at a cost of around €15,000 and features a balcony overlooking the quiet inner courtyard. Among other updates, a complete fitted kitchen was installed.

Since August 2025, the apartment has been rented for a net cold rent of €395 per month (6.81 €/m²), which corresponds to an annual net cold rent of €4,740. The rental agreement includes an indexation clause as well as a mutual two-year waiver of termination. A rent adjustment is already possible in 2027 under the statutory conditions.

The monthly service charge amounts to approximately €199, of which around €35 covers non-apportionable costs and €38 goes towards the maintenance reserve.

With a purchase price of €79,000, an attractive gross rental yield of 6.00% is achieved. After deducting the non-apportionable costs and the reserve contributions, a calculated annual surplus income of approximately €3,860 remains before financing and taxes.

The listed building also impresses energetically with energy efficiency class C and an energy requirement of only 89 kWh/(m²·a). For a historic building from 1905, this represents a comparatively favorable energy rating.

The apartment is located in the traditional Chemnitz district of Sonnenberg, about 2.5 km from the city center.

Developed during the industrialization of the 19th century, the district is one of Chemnitz’s characteristic Gründerzeit neighborhoods. Numerous historic, partly painstakingly restored old buildings and listed structures shape the streetscape. Since the 1990s, Sonnenberg has been continuously upgraded through renovation and urban development measures.

The neighborhood offers a well-established infrastructure with numerous small shops, cafés, and restaurants. Facilities for daily needs, supermarkets, kindergartens, schools, as well as medical services, can be found in the surrounding area. There is also good access to public transportation.

Among the architectural landmarks of the district are the historic St. Joseph’s Church and Markuskirche, which help shape the cultural and historic image of Sonnenberg.

The fitted kitchen installed during the 2021 renovation complements the apartment’s amenities. From the kitchen, you can directly access the balcony, which offers views of the quiet inner courtyard.

Both the apartment and the multi-family building present themselves in a very well-maintained condition and are regularly kept up. This underscores the property’s sustainable quality and also makes it attractive to investors.

Public parking is available in the immediate residential area.

The condominium for sale is offered directly by the owner.

Note:

The information provided here is based on the current status and is subject to change. All details are given without guarantee and do not constitute a binding offer. Please verify the details and conditions of the sales offer carefully, and contact us if you have any questions or uncertainties.