*No commission and newly renovated: 3-room apartment in a historic building in Leipzig | 4.5% yield + 4.5% depreciation.*

The property is located in a representative, historic building dating back to 1905, which significantly contributes to the streetscape with its distinctive, historical facade. The apartment building comprises a total of 10 residential units and was extensively renovated in the 1990s, including repairs to the roof and structure. The protected staircase, with its decorative floral paintings in the late historicism style, further emphasizes the unique character of the property. Overall, the property combines the architectural charm of the Gründerzeit era with a solid structural foundation and a well-maintained overall appearance.

The property is located in the Lindenau district of Leipzig, one of the most exciting and dynamic residential areas in western Leipzig. This district has undergone significant development in recent years and is increasingly popular, particularly among young professionals, creatives, and families. Historic buildings from the Gründerzeit era are complemented by a vibrant cultural scene and continuously improving infrastructure. Georg-Schwarz-Straße itself is a major traffic and commercial artery for the district. Numerous shops, cafes, restaurants, and service providers are located in the immediate vicinity, making everyday errands convenient. At the same time, several tram and bus lines provide quick access to Leipzig's city center, which is just a few minutes away. A particular advantage of the location is its proximity to the popular districts of Plagwitz and Altlindenau, which, with the Karl-Heine canal, a variety of recreational activities, and a creative atmosphere, are among the most sought-after residential areas in Leipzig. Green spaces and parks are also located nearby, offering additional opportunities for relaxation. Due to the ongoing development of western Leipzig and the increasing demand for urban living space, Lindenau has attractive development potential. The combination of established infrastructure, good transport links, and positive neighborhood development makes the location particularly interesting for both owner-occupiers and investors.