Cash cow in Dresden.

The residential and commercial building was constructed around 1900 and renovated in 2002 and 2020. In the past two years, 4 apartments were extensively renovated or refurbished after the tenants moved out. In 2025, the apartment in the attic was also renovated to a high standard. 3 parking spaces have been redesigned and are now rented out. The garage and additional parking spaces represent potential for future development. Furthermore, the outbuilding (currently in ruins) is unused. Feasibility studies have been conducted to explore the possibility of restoring it. The local building authority believes that, with grants of up to €150,000 per unit, it would be possible to create two new residential units.

Freital is a major town in the district of Sächsische Schweiz-Osterzgebirge, located immediately southwest of Dresden. With a population of approximately 40,000, it is the largest town in the district and the eighth largest in the Free State of Saxony.

Thanks to its proximity to the state capital, Freital has excellent connections to public transportation. Several railway lines connect Freital directly to Dresden. Bus routes provide seamless connections between Freital and Dresden, as well as the surrounding communities.