House for sale • 1172 m² without real estateDresden Blasewitz Sachsen 01277

Investment rarity with no backlog in renovations or investments!

Offered is a five-story multi-family house built in conventional style at the end of the 19th century, featuring a representative sandstone façade that underwent an extensive renovation in 2023. This property harmoniously fits into the impressive ensemble of buildings throughout the street, which strikingly reflects the sophisticated architecture of the turn of the century.

The property comprises 11 generously designed residential units, each with either a balcony or terrace areas. The well-thought-out floor plans include apartments with 3 to 5 rooms and living areas ranging from approximately 93 m² to approximately 120 m²—a living concept that is in high demand in the rental market.

Fixed lease agreements with escalated rent structures offer the medium-term potential of continuously increasing rental yields. Currently, the yield is just under 4 percent per annum.

Nestled within a mature residential street in the Blasewitz district—one of Dresden’s most sought-after neighborhoods—this historic gem is surrounded by lush greenery and is far removed from the hustle and bustle of the city center. Thanks to excellent public transportation connections, Dresden’s inner city is reachable within minutes. By bus or tram, you quickly arrive at the main train station, the Technical University, and the University Hospital. The neighborhood is visually characterized by attractive historic buildings and high-quality new constructions.

All everyday amenities such as schools, doctors, cafés, supermarkets, and banks are within walking distance.

Ideal for families, several kindergartens as well as primary and secondary schools—including high schools—are located in the immediate vicinity. The proximity to the large municipal hospital and numerous resident doctors and specialists ensures excellent medical care.

Safe living is an additional key quality feature, especially in the second largest city in Saxony and in this prime location.

After a major renovation in 2023, this historic building is now presented as a representative residential ensemble. Utilizing high-quality, long-lasting materials, the house was extensively modernized and, among other things, equipped with new bathrooms, apartment and room doors, and new flooring. A modern elevator ensures contemporary comfort.

It is particularly noteworthy that the elaborate renovation was successfully carried out in close consultation with the heritage authority, and that the façade—with its sandstone elements and stucco decoration on the exterior walls—was reconstructed in an exceptionally appealing manner.

The property is fully basement-equipped, featuring a laundry room in addition to the full basement, and each residential unit has an additional storage room. Heating and hot water are supplied by district heating.

The sale is made directly by the owner.

Discretion is our highest priority. Therefore, property photos have not been published.

Of course, you will receive further documents, images, and all relevant information about the property upon written contact with us. We kindly ask you to provide your complete contact details, including a telephone number at which we can reach you.