Multifamily house - A secure investment property, fully rented with significant potential for expansion and improvements.

Multi-family building with 3 residential units, each approximately 120 m2 (3 floors), fully rented, and a separate commercial unit. All apartments are modern, well-renovated, and suitable for families with children. In the courtyard, there is also a 144 m2 commercial unit for quiet businesses, which is also rented. This represents a total rented area of 504 m2. Built in 1912, it underwent a complete renovation in 2016 with high-quality finishes. In 2025, a brand new heating system was installed by a professional, with a 4-year warranty on the high-efficiency boiler (2 years standard and 3 years additional warranty from Vaillant).

A completion certificate exists for this property, allowing for the creation of four separate units through a formal division. The current annual rental income is €35,000 (excluding utilities), with the potential to generate an additional €2,500 (from garage rentals) in a short period.

The sale is being handled privately, without the involvement of a real estate agent. The asking price is only €952 per m2 of residential and commercial rental space. A full one-year rental guarantee, at the current rental income level, can be provided. If you are interested, please contact me.

The property is located in Chemnitz (the third-largest city in Saxony), in a central location and just 5 km from the city center. All essential amenities are within easy reach.
A tram stop is just a 2-minute walk away.