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Their new project: A multi-family building from the Gründerzeit era, complete with a garden.

08371 Glauchau – Sachsen
119.000 €
14
Room
360 m²
Living Area
480 m²
Plot Area
Private offer
House
Multi-family house

This multi-family building, constructed around 1898 and protected as a historical landmark, combines historical charm with diverse development opportunities. It is fully cellared and features an expanded attic space. Approximately 360 square meters of living space are divided into four units, offering attractive prospects for both owner-occupiers and investors. The building has been partially renovated but requires further work. The generous ceiling heights of approximately three meters and the classic Gründerzeit architecture create a unique living environment with ample design possibilities. The apartments on the ground floor and the first floor provide a solid foundation for a comprehensive renovation and can be ideally adapted to individual living preferences, whether as a spacious family home or for attractive rental purposes. The apartment on the second floor is currently vacant. It requires modernization, particularly as there is currently no heating system, which should be installed. The attic apartment is let on a long-term lease and already generates ongoing income. A large garden offers a space for relaxation. The two-story outbuilding opens up additional development potential – as living space, a studio, or a hobby area.

Are you interested in this house?

Object Number
OM-439994
Object Class
House
Object Type
Multi-family house
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
119.000 €
Purchase additional costs
approx. 8,664 €
Total costs
approx. 127,663 €

Breakdown of Costs

Purchase price 119.000 €
Real estate transfer tax 6,545 € (5.50%)
Notary costs 1,396 € (1.17%)
Land register entry 723 € (0.61%)
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: 500€

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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 4.30%

Details

Condition
In need of renovation
Monument protection object
Yes
Number of floors
4
Usable area
150 m²
Bathrooms (number)
4
Bedrooms (number)
4
Flooring
Laminate, Carpet, Tiles, Vinyl / PVC
Heating
Floor heating
Year of construction
1898
Equipment
Balcony, Garden, Basement
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Location

The property is located in a quiet yet central area in the popular Upper Town district of Glauchau. The surrounding area is characterized by well-maintained residential buildings and offers a pleasant, family-friendly living environment.

Shops, schools, kindergartens, and medical facilities are all conveniently located within walking distance. A nearby park and playgrounds offer ideal recreational opportunities for families. Thanks to Glauchau's excellent connections to the A4 and B175 highways, the surrounding towns are also easily accessible.

Location Check

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

Energy

Energy certificate type
not legally required
Main energy source
Gas

Miscellaneous

This property is a listed building, which offers attractive tax benefits and funding opportunities for renovation work. Whether as a new home for the whole family, with plenty of space and a garden, or as a high-return development project, this historic building from the Gründerzeit era provides the ideal foundation for realizing your ideas.

The sale is being handled directly by the owner and is commission-free.

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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