House for sale • 1173 m² without real estateDresden Blasewitz Sachsen 01309

For sale is a fully tenanted multifamily house with 11 residential units that stands out for its sustainable rental structure, comprehensive renovation, and attractive features. The property was renovated in 1997 and extensively modernized in 2023, with 9 out of 11 apartments completely refurbished.

Nine units have graduated rental contracts in place until 2039, with a rent increase of 3% every two years. This ensures continuously growing returns and long-term planning security for the buyer. As early as next year, a target net cold rent of EUR 175,795 will be achieved. The contractually agreed further target net cold rent amounts to EUR 191,040 in 2030 and EUR 214,000 in 2036. There is additional potential available.

Features at a glance

- 11 residential units, fully tenanted

- Graduated rents: 3% rent increase every 2 years, contract running until 2039

- Every apartment comes with its own basement storage room and at least 1 balcony or roof terrace

- Roof terrace with high-quality Megawood decking

- Roof windows, some of which can be opened electrically

- Communal garden in a quiet courtyard

- Lockable bicycle garage with e-bike charging facilities (electricity provided via the apartment)

- Elevator

- Additional bicycle storage in the basement

- Covered area for trash bins in the inner courtyard

- The building is well maintained, both technically and visually in very good condition, with no backlog of renovations

Extensive modernization in 2023 (in 9 out of 11 apartments), showcased here in selected excerpts:

Floors:

New high-quality vinyl flooring

Interior doors:

Cassette style in white lacquer, partly with a light insert, including hardware

Apartment entrance doors:

New with 3-point locking, door closers, stainless steel hardware, peephole

Bathrooms:

Modern wall and floor tiles (30x60 cm) including sanitary fixtures and faucets

Painting work:

All walls have been smoothly plastered and finished with a light coat of paint; ceilings have been suspended with drywall and painted

Roof windows (plastic):

Fully replaced, including ancillary work

Common areas and facade

Laundry room:

Painting of walls, ceiling, and floor

Balconies facing the street:

Sandstone balconies have been completely renewed in accordance with heritage preservation requirements

Street-facing facade:

Overhauled and newly designed in color (in coordination with the heritage office), with the sandstone in the basement area replaced

Courtyard-facing balconies:

New decking made of grooved boards

Courtyard-facing facade:

Plastered, primed, sandstone reworked, new paint according to heritage protection guidelines

Staircase:

Ceiling and upper wall areas: Restoration with wall painting in coordination with the heritage office

Base area: Colorful accent, two-time floor sealant coating

Handrails and banisters: Sanded down and repainted

Stair treads: Reconditioned and resurfaced in color coordination with the heritage office

Courtyard:

New construction of a bicycle shed with electrical connections and a covered trash area, repaving of the paths, new landscaping

Main entrance doors:

Refurbishment of the heritage-listed main entrance doors (street/courtyard side)

The property is located in one of Dresden’s most desirable and livable districts. The immediate residential environment is characterized by its green, quiet yet urban setting – ideal for families, professionals, and those seeking peace alike.

Thanks to excellent public transportation connections, central Dresden is easily reachable within minutes. Several tram and bus lines are within walking distance, offering excellent connections to the city’s key hubs, including the main train station, the historic center, the Technical University, and the University Hospital.

There is no shortage of educational institutions: In the immediate vicinity, there are several daycare centers, primary schools, and secondary schools – including high schools. This makes the residential area particularly family-friendly.

Local services are equally comprehensive: supermarkets, bakeries, pharmacies, drugstores, and banks can be conveniently reached on foot or by bicycle. In addition, the district offers numerous cafés, restaurants, and small shops that perfectly complement the urban lifestyle.

For leisure and recreational activities, nearby parks and green spaces – such as the Große Garten or the Elbwiesen – provide ideal settings for walks, sports, or family outings. Various sports clubs, playgrounds, and a well-developed network of bike paths further emphasize the high recreational value of this location.

Medical care is very well covered by resident doctors as well as the proximity to a large hospital and other specialist practices.

The neighborhood is characterized by well-maintained multifamily houses, renovated historic buildings, and plenty of greenery – a quiet and safe residential area with a high standard of living.

The apartments impress with modern features, high-quality materials, and thoughtfully designed layouts. As part of the 2023 renovation, the bathrooms were completely modernized and now present a contemporary design in neutral tones, with modern tiles and new sanitary fixtures.

Some units are equipped with fitted kitchens that are both functional and stylishly integrated into the overall design.

A special highlight: All apartments feature at least 1 balcony or roof terrace, oriented either towards the street or the quiet, green inner courtyard – ideal for individual use and outdoor relaxation.

In addition, the property also includes maisonette apartments that offer a special quality of living through their open-plan design and additional space.

Ideal for investors focused on long-term value development

Note: If you are seriously interested, we are happy to provide further documents (anonymized rental contracts, floor plans, renovation certificates, etc.) upon request.