Investment property: Multi-family house with commercial unit - currently rented, for sale due to the owner's age.

Three of the apartments are fully rented. The small commercial unit is currently vacant after renovations. The net cold rent for the three apartments is currently €17,377 per year. With the commercial unit occupied, the potential rental income is approximately €20,377 per year. The house, which is not a listed building, is built with natural stone and has been plastered. It is partially basemented. This corner building, featuring Art Nouveau elements, has a sunny garden. The entire building has been extensively renovated in the last 10 years (electrical, plumbing, bathrooms, flooring, interior plaster on all walls, new doors). The facade and roof covering have been renewed. Since 2003, the house has been equipped with a Bosch high-efficiency gas central heating system. The flat/pitched roof is covered with slate and bitumen. During the renovation, the top apartment was additionally insulated on the roof side. The house has an intercom system and a key-based locking system for all exterior doors. All apartments have double-glazed windows with artificial fiber insulation. The main entrance to the house is on Lutherstraße. Through the rear entrance/exit, you can access the sunny garden. The commercial unit has a barrier-free entrance on the street side and a separate entrance from the ground floor staircase. Currently, a wood-burning stove is in use in one of the apartments, and fireplaces can also be connected to the other two apartments. The building has a boiler room and a separate cellar for each tenant. The attic is currently used as a communal laundry drying area, but it can be converted, as the necessary utilities are already in place.

Reichenbach is a large town in Saxony with approximately 20,000 residents.
Greiz, known as the "Pearl of the Vogtland," is located about 8 km away in Thuringia. The larger city of Zwickau is 25 km away, while the state capital, Dresden, is approximately 134 km away. Plauen is 25 km away, and Gera is 45 km away.
Reichenbach has connections to the A 72 and B 94 highways, as well as the B 173 road. It has a train station, "Oberer Bahnhof Reichenbach," which can be reached by bus in 20 minutes. The distance to Hof/Plauen Airport is approximately 18 km, to the University of Applied Sciences in Halle/Leipzig it is about 140 km, and to the University of Applied Sciences in Dresden it is approximately 135 km.
Several schools, including a grammar school and a boarding school, as well as kindergartens, are within a 6 to 30-minute walk.
There are several shops for daily necessities, pharmacies, and doctors, as well as gas stations, electric vehicle charging stations, and a hardware store, all located directly in Reichenbach. A swimming pool is nearby. The district hospital is located in Greiz (approximately 8 km away).