House for sale • 831 m² without real estateBahnhofstraße 2 + 4, , Saxony

The residential complex with a large inner courtyard for parking spaces, located not far from the marketplace and directly by the former town hall as well as at the foot of the castle, yet in a quiet setting, consists of two thoroughly renovated, attractive, and very well-maintained properties (9 residential units + 4 residential units).

The beautiful buildings from 1923 were comprehensively renovated in 1999 and modernized in 2010 as well as in 2018–2022, and thereafter updated with every tenant change. Building No. 4 features an elevator to all floors and directly into the top-floor apartment with a separate key/code.

A shared, paved, and very well-kept common area for parking spaces connects both properties. Each apartment has at least one parking space in the inner courtyard as well as a clean, spacious, and dry tenant cellar.

The property is located in the center of the town of Mylau between federal highway B173 and Reichenbacher Street. Since 2016, Mylau has been a district of the large district town Reichenbach and, together with the towns of Greiz, Reichenbach, Elsterberg, and Netzschkau, forms an urban association in northern Saxon Vogtland.

The town features a small commercial area, a primary school, a Protestant secondary school, and attractions such as the Mylau Castle, built around 1180 near the property, and the town church St. Wenzel, built in 1890 with a Silbermann organ. Below Mylau, since 1851, stands the world’s largest brick bridge, the Göltzsch Valley Bridge. The motorway junction of the A72 is only about 7 km away, and all amenities are within walking distance in the immediate vicinity.

The buildings at Bahnhofstraße 2+4 have been modernized, with building No. 4 equipped with an elevator and offering ample parking spaces in the inner courtyard. Some apartments include fitted kitchens.

Annual net cold rent for a rental area of 831 m²:

Actual annual cold rent: €62,916

Potential annual cold rent: €67,836

Estimated market value in 2025: approximately €1,150,000

A very reliable local property management company manages the property. Additionally, the caretaker service/winter service and staircase cleaning can be contractually assumed.