House for sale • 762 m² without real estateErnst-Bauchstr. 4, , Saxony

This property is a mixed residential and commercial building. The last annual rent was €53,014 (monthly €4,417), which corresponds to a purchase price of 8.3 annual cold rents or a yield of 12%. The ground floor (110 sqm) as well as the 1st floor (200 sqm) had been continuously rented to a notary since 1992, but are now available. The rent was €2,300/month (cold).

On the 2nd floor, there are two apartments (84 sqm and 78 sqm) that are currently used for commercial purposes. On the 3rd floor, there is an apartment (82 sqm) that has been continuously rented since 1990, as well as the access to a very attractive attic apartment. This maisonette apartment, featuring a fireplace, roof terrace, and views over Aue, has an area of 155 sqm. Additionally, on the property there is an outbuilding with a garage (three parking spaces), a converted multipurpose room with a bar and toilet, as well as another apartment (54 sqm) with a large roof terrace. In the inner courtyard, there are 10 car parking spaces with a barrier system. The property is of interest for owner-occupiers. Parts of the commercial space, after long-term continuous rental, will become available in 2025 for use as a representative office, practice rooms, or conversion into residential space.

The house is for sale because we, as an inheritance community, are not located nearby.

The property is situated on a quiet side street, two minutes from the market square. Parking spaces can be found in the back courtyard.

Features include an Art Nouveau façade, a fireplace, a roof terrace, garages, and parking spaces. The gas heating system was completely renewed in 2017. The house has recently been professionally appraised, and there is no backlog of maintenance work.