- Immobilien
- Sachsen
- Kreis Zwickau
- Werdau
- Excellent renovation project with no listed building status, comprising 6 apartment buildings and 2 apartment buildings with a workshop/office.
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https://www.ohne-makler.net/en/property/309868/
Excellent renovation project with no listed building status, comprising 6 apartment buildings and 2 apartment buildings with a workshop/office.
08412 Werdau – SachsenFormer manor house, not a listed building, constructed around 1910 from solid, attractive brick. It comprises 6 residential units, plus a separate two-family house and a workshop. (Rent-to-own option available). Estimated rental income after completion, based on valuation methods, is approximately €50,000 per year.
The six-family house has approximately 385 square meters and features high ceilings. It has already been stripped down and partially renovated. New electrical wiring, internet connections, and sewage/fresh water lines have already been installed on the ground floor. The layout of the apartments can be customized. All utility connections (gas, water, electricity) have been newly installed in the large basement. According to the previous owner, the roof, chimneys, and gutters were replaced in 2018. The two-family house at the rear has a total area of approximately 200 square meters, consisting of a four-room maisonette apartment with a new bathroom, two storage rooms, and a large kitchen. The electrical wiring, sewage, and fresh water lines were replaced in 2023. The two-room apartment on the ground floor features a large living room with an open kitchen and a storage room with a washing machine connection. Each apartment has a private outdoor terrace at the rear, with separate entrances. The electrical wiring, sewage system, and fresh water pipes have already been completely replaced. The workshop (with its own entrance) and attic space, totaling approximately 60 square meters, could be converted into additional living space. The sewage and fresh water systems have been newly installed.
Improvements made between 2021 and 2024:
All sewage pipes have been replaced, the electrical wiring and plumbing in the six-unit building and the two-unit building have been completely renewed, and the windows have been replaced, among other improvements. This property would be ideal for tradespeople who could live in the two-unit building and then renovate the six-unit building at their leisure, preparing it for rental and living off the rental income. A rent-to-buy option may be possible, subject to agreement.
Are you interested in this house?
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Object Number
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OM-309868
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Vacant
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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115.000 €
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Purchase additional costs
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approx. 8,385 €
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Total costs
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approx. 123,384 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 490€
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Details
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Condition
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Gutted
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Number of floors
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4
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Flooring
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Laminate, Carpet, Tiles
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Heating
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Other
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Year of construction
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1910
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Equipment
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Terrace, Garden, Basement, Full bath, Fireplace
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, High school, Comprehensive school, Public transport
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Information on equipment
Properties that have been partially stripped down and renovated, without central heating, and featuring many modern updates.
Location
In Werdau central, all utilities doctors, pharmacies, schools, bus stop, kindergartens and shopping facilities such as Netto, Rewe, Kaufland within walking distance.
Location Check
Energy
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Main energy source
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Gas
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Miscellaneous
Commission-free sale
Installment plan possible by arrangement
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