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*Direct from the owner, no commission fees. Art Nouveau investment property.*

Theodor-Lessing-Straße 2, 09112 Chemnitz (Kaßberg) – Hessen
79.500 €
2
Room
62.92 m²
Living Area
Private offer
Apartment

Seize the opportunity to invest in a sustainable, secure, and high-yield property. This well-maintained and fully rented 2-room apartment, located on the first floor of an attractive multi-family building in one of Germany's most significant Art Nouveau districts, offers an excellent opportunity to invest in a stable residential property with a manageable initial investment. The building underwent a comprehensive renovation in 1999 and, thanks to continuous maintenance, is in very good overall condition. The apartment itself also impresses with its high-quality finishes, which are meticulously maintained by the tenant. The apartment features a balcony overlooking a quiet courtyard. An elevator and a private storage room further enhance the living comfort. With a living area of 62.92 m², a well-designed layout featuring a separate toilet, a bathroom, a spacious living room, a bedroom, and a kitchen, the property offers a solid and consistently in-demand living space. The biggest advantage of this investment is the exceptional security of the rental income:
The current tenant has been living in the apartment for 25 years and also uses another apartment on the same floor, which are connected by a shared hallway. The tenancy agreement is characterized by reliability and stability. The annual base rent is €4,368, representing a secure and predictable source of income. Another key feature is the low monthly service charge. This is only €126.03 per month, of which €110 can be passed on to the tenant. This covers all ongoing maintenance and administrative costs. This property is particularly suitable for investors looking for a low-risk, solid investment with long-term potential. You are acquiring a property in a good location, with a reliable tenant base and a low initial investment. This combination is rarely found on the market.

Are you interested in this apartment?

Object Number
OM-436543
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
79.500 €
Purchase additional costs
approx. 6,301 €
Total costs
approx. 85,800 €
HOA fee
129 €

Breakdown of Costs

Purchase price 79.500 €
Real estate transfer tax 4,770 € (6.00%)
Notary costs 1,010 € (1.27%)
Land register entry 521 € (0.65%)
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: 323€

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By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.10%

Details

Condition
Well-kept
Number of floors
5
Level
1st floor
Bathrooms (number)
1
Bedrooms (number)
1
Flooring
Laminate
Heating
Central heating
Year of construction
1910
Equipment
Balcony, Basement, Elevator, Guest toilet
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Public transport

Information on equipment

Condition / Quality: House built around 1910; extensive renovation in 1999; apartment with high-quality finishes; the entire property is very well-maintained.

- Double-glazed plastic windows
- Up-to-date electrical distribution system
- Active ventilation systems in the bathroom and toilet
- Gas central heating with central hot water supply

- Balcony available
- Elevator in the building
- Cellar compartment included with the apartment

- Tenant profile: Long-term tenant (for 25 years), very reliable rent payments, resulting in a stable and predictable return.
Net cold rent: €4,368 per year.

Location

The property is located in the heart of the historic Kaßberg district, one of Germany's largest and most cohesive areas of Art Nouveau and Gründerzeit architecture. This district is considered one of the most desirable residential areas in Chemnitz, and is known for its impressive architecture, exceptionally well-preserved facades, and the charming streetscape with tree-lined avenues and cobblestone streets. The surrounding area offers an urban yet peaceful living environment with a high quality and culturally rich character. The infrastructure around the property is excellent. Numerous local shops, supermarkets, bakeries, and service providers are within walking distance. In addition, Kaßberg offers a wide range of dining options, from cafes to restaurants and small bars, which contribute to the vibrant atmosphere of the district. The transportation links are also optimal: several bus and tram lines are easily accessible, providing quick connections to the city center, the main train station, and other districts. For commuters, the location offers short distances to the main roads and the A72 motorway. Educational and childcare facilities, such as kindergartens and schools, are located in the immediate vicinity. Furthermore, nearby parks and green spaces, including the well-known Kaßberg climb and various smaller park areas, provide attractive recreational opportunities close by. Overall, the location combines a historically valuable residential environment with modern infrastructure and a high quality of life, making it an extremely popular location for both owner-occupiers and investors.

Location Check

Shopping
200m
Eating Out
150m
Child Friendliness
300m
Sports
250m
Health
200m
Public Transport
250m
Culture
200m
Nightlife
150m
Nature
350m

Energy

Final energy consumption
109.30 kWh/(m²a)
Energy efficiency class
D
Energy certificate type
Consumption certificate
Main energy source
Gas

PDF

Miscellaneous

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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Offer from: Rouven Treyer