House for sale • 1195 m² without real estateSchülerstr. 4 + 6, , Saxony

There are two multi-family houses on the offered property. Both houses are divided into a total of 21 condominium shares. Of these, 20 shares are for sale, which corresponds to 962.89 shares out of 1000.

An attic apartment in House No. 4 (37.11 shares) belongs to another owner and is not for sale.

Of the 20 units offered for sale, 18 have been renovated and are rented.

The following two shares have not been developed and are used as common spaces:

1. Land Registry Sheet 8841 (37.04 shares), the attic of House No. 6, is used by all tenants as a laundry room.

2. Sheet 8821 (151.26 shares) represents the ground floor/basement in House No. 4 and serves as a storage room or cellar.

The specified total living area of 1,195 sqm includes the 18 rented units. The attic and storage room are not included in this area.

The house at Schülerstr. No. 4 is under historic preservation and was built around the year 1800.

The house at Schülerstr. No. 6 was built in 1995. It is also in good condition.

The net rental income per year currently amounts to EUR 62,460 for the 16 apartments and EUR 5,936 for the 2 offices, totaling EUR 68,396.00.

Purchasing individual apartments is theoretically possible.

However, the seller prefers to sell all the apartments together as a package.

The property is located in the old town of Bautzen, with all amenities within walking distance.

All apartments have been renovated and are in good condition. There is no significant backlog of repairs.