House for sale • 311 m² without real estate, Saxony

The property at a glance:

• Purchase price: €260,000 – no commission for the buyer

• Living area: approx. 170 m²

• Commercial area: approx. 141 m²

• Plot: approx. 617 m²

• Year of construction: 1996

• Use: 2 rented apartments and 1 commercial unit

• Parking spaces: available

• Energy efficiency class: D

Property Description:

This well-maintained residential and commercial building in Burkhardtsdorf, the Eibenberg district, combines ongoing rental income with versatile usage opportunities.

Built in 1996 using solid construction methods, the building comprises two rented upper floor apartments with a total living area of approx. 170 m², as well as a commercial unit on the ground floor of approx. 141 m².

Together, the apartments yield an annual net cold rent of €14,532. The commercial unit is leased until 30.01.2027 and currently generates an additional €6,000 per year. It will be handed over rent-free and unoccupied at the time of transfer.

The commercial unit on the ground floor is intentionally not re-let from February 2027, to provide a future owner with maximum flexibility regarding its use and leasing.

The current annual net cold rent amounts to a total of €20,532. In relation to the purchase price, this corresponds to a historical gross rental yield of approximately 7.9%. The future yield will depend in particular on the re-leasing or owner-occupation of the commercial space.

Location: Living amidst nature, close to Chemnitz

Burkhardtsdorf in the Erzgebirgskreis district offers a natural residential environment combined with good infrastructure. Shopping opportunities, schools, daycare centers, medical care, and recreational facilities are available within the community.

The city train and bus connections provide links to Chemnitz and other regional towns. The center of Chemnitz is about 10 km away.

Features and Renovations:

• Solid construction, built in 1996

• New gas heating system from 2018

• Underfloor heating with digital thermostats

• Windows with external blinds

• Replacement of roof windows in 2023

• Renewal of the main entrance door in 2024

• Facade renovation in 2026

• Commercial unit with a shop window and separate barrier-free access

• Sanitary installation and high-quality flooring in the commercial area

• Parking spaces available

The energy consumption value is 117.8 kWh/(m²·a), energy efficiency class D.

Commercial Space with Versatile Perspectives:

The spacious commercial unit offers numerous possibilities on approx. 141 m²: whether as an office, practice, service area, owner-occupied space, or for re-letting. A conversion into residential space can also be considered, provided that the building regulations allow it.

This means that, in addition to the existing apartment rents, the property offers further potential for individual use and yield optimization. The actual feasibility, possible conversion costs, and achievable rents should be examined separately.

We are happy to provide you with further documents and arrange a personal viewing appointment. We look forward to your inquiry!