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Attractive multi-family house in the rapidly developing northern district of Dresden.

01129 Dresden (Pieschen) – Sachsen
750.000 €
306.50 m²
Living Area
590 m²
Plot Area
Private offer
Apartment building or investment property
Apartment building

This well-maintained multi-family house is located in a slightly elevated position in the Trachau district of northern Dresden. The building, which is a protected historical landmark, was constructed in 1895 in a traditional style and originally served as a "Dresden coffee mill." It is situated on a 590 m² plot and offers a total living area of 306.50 m², comprising three 4-room apartments (one per floor) and a 1.5-room apartment in the basement. The property includes 5-6 parking spaces, and there is a small garden area suitable for playing and as an outdoor seating area. The house was extensively modernized and renovated around the year 2000, and has undergone further renovations in recent years, presenting itself currently in a solid overall condition. A new heating system (gas condensing technology) was installed at the end of 2024. Attractive features and the preservation of numerous historical details create a comfortable living environment combined with modern living standards. The apartments on the upper floors feature hardwood floors (plank flooring), wooden doors, and wooden windows, as well as bright bathrooms with bathtubs and pleasant ceiling heights, with some integrated lighting. The ground floor and first floor apartments each have a large balcony accessible from the living room. The self-contained apartment on the ground floor features underfloor heating, a small bathroom with a shower and window, and a fitted kitchen. This unit can be sold, and by signing a new lease agreement, a significantly higher rental income can be achieved. All the other apartments are let to lovely young families on long-term leases. Each apartment includes a storage room in the basement, and in addition, each unit has a separate storage room accessible from the staircase, which includes a connection for a washing machine. A shed in the courtyard is available for all residents to store bicycles and toys.

Are you interested in this offer?

Object Number
OM-435856
Object Class
Apartment building or investment property
Object Type
Apartment building
Handover from
Immediately

Purchase price & additional costs

purchase price
750.000 €
Purchase additional costs
approx. 50,997 €
Total costs
approx. 800,997 €

Breakdown of Costs

Purchase price 750.000 €
Real estate transfer tax 41,250 € (5.50%)
Notary costs 6,450 € (0.86%)
Land register entry 3,298 € (0.44%)
Broker commission 0€ (0%)

* 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: 2,735€

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Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.47%

Details

Condition
Rehabilitated
Monument protection object
Yes
Year of last modernization
2020
Number of floors
3
Total area
400 m²
Number of parking lots
5
Net rental income (actual) p.a.
32472 €
X-times rental income
23.00
Number of units
4
Flooring
Parquet, Tiles
Heating
Central heating
Year of construction
1895
Equipment
Balcony, Garden, Basement, Full bath
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Protected historical building, multi-family house with 4 apartments.
3 x 4-room apartments (ground floor 95 m², first floor 95 m², attic 83 m²).
1.5-room apartment in the basement (33.5 m²).
Renovations around 2000 and 2020-24.
Cold roof with slate covering and additional storage space.
Gas central heating (renewed in 2024) with central hot water supply.
Full basement, storage rooms, wooden windows, wooden doors, bathrooms with windows, and separate kitchens. Small communal garden and 5 parking spaces on the property.

Location

Dresden-Trachau is located in the north of Dresden and is one of the most charming residential areas in the city. Due to the rapid growth of high-tech companies in the vicinity, this district is currently one of the most sought-after residential areas in the region, ensuring a continued rise in rental prices and, consequently, increasing property values. The district combines a peaceful, historically developed residential atmosphere with excellent access to the city's infrastructure. Trachau is characterized by old villas, renovated apartment buildings, and green streets, giving the neighborhood a nearly village-like character. At the same time, the district benefits from its proximity to important transportation hubs. The Dresden-Trachau S-Bahn station, as well as several tram and bus lines, provide quick access to the city center, Pieschen, or Neustadt. The A4 highway is also just a few minutes away. For everyday life, Trachau offers everything you need. Shopping facilities, bakeries, smaller stores, and supermarkets are well-distributed throughout the neighborhood and easily accessible on foot. Medical facilities, general practitioners, pharmacies, and the Dresden-Neustadt hospital are all located nearby. Numerous schools and daycare centers are also in the immediate vicinity, making the district particularly attractive for families. The area offers recreational opportunities with its many green spaces and playgrounds, and the Dresden Heath borders the district directly. This makes the location ideal for anyone who wants to combine urban living with a relaxed atmosphere.

Location Check

Shopping
Eating Out
Health
Nature
Sports
Child Friendliness
Public Transport
Culture
Nightlife

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

This is an offer from the owner. Please send your inquiry, including your name and phone number, so we can discuss the next steps. To ensure reliable and timely service, we will arrange for someone to coordinate the necessary appointments on-site.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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