3-room apartment with balcony, elevator, and rental potential in Chemnitz-Kaßberg.

The apartment for sale, located in Chemnitz-Kaßberg, is situated in a well-maintained apartment building dating back to 1908. This property is particularly suitable for investors seeking a rental apartment that is already tenanted, generating ongoing income, with a clear cost structure and further potential for growth. The 3-room apartment is located on the 1st floor and features a balcony. The building has an elevator. The layout and features of the apartment support its long-term rental potential. The apartment has been rented since 2017 and currently generates a net monthly income of €505. A rent increase is currently being considered. This means there is already a steady stream of rental income. At the same time, there is potential for rent increases, which could further improve the investment's performance over time. The monthly service charges (Hausgeld) are approximately €435, of which approximately €350 are deductible. The monthly maintenance reserve (Instandhaltungsrücklage) is approximately €27. This transparent cost structure makes it easy to assess the financial viability of the investment. In a market environment with rising interest rates and economic uncertainty, this predictability is a significant advantage. The energy efficiency of the building is in the B/C range. For a building of this age, this represents a solid starting point. Overall, this apartment offers a tenanted investment property with existing cash flow, a well-maintained environment, transparent costs, and realistic potential for growth in rental income.

The apartment is located in the Kaßberg district of Chemnitz, an established residential area within the city, west of the city center. According to the city of Chemnitz, Kaßberg is one of the most significant historical residential areas in the city, characterized by its traditional block development and well-preserved older buildings. This is relevant for investors because the location benefits from a stable, historically established demand for housing, rather than relying on isolated developments. The immediate area offers excellent amenities. Shops, bakeries, cafes, restaurants, medical services, and pharmacies are all nearby; specific local amenities, such as the pharmacy on Kaßberg, are within walking distance. Several restaurants and service providers are also located directly on or near Ulmenstraße. For families and long-term tenants, the educational infrastructure is an additional advantage. The Kaßberg district has several kindergartens, as well as primary and secondary schools. The city of Chemnitz also provides a website for childcare facilities and a guide to schools, offering comprehensive information on care and education services. In the immediate vicinity, you'll find, for example, the Weststraße elementary school at number 19 Weststraße. Leisure facilities are also well provided for. Andréplatz/Andrépark, located in the Kaßberg district, offers green space and a playground. This enhances the quality of life without compromising the area's urban character, creating a "green urban oasis" that combines city living with a high quality of life. Public transportation links are a clear advantage. The Chemnitz, Industriemuseum stop is approximately 190 meters away, and Chemnitz Mitte train station is about 1.5 kilometers away. CVAG provides bus and train connections, route maps, and real-time information for Chemnitz. Overall, the location offers a compelling combination of urban infrastructure, established residential quality, public transportation links, educational and service offerings, and proximity to the city center. For investors, the main appeal is the broad appeal of the location: it is not limited to a single target group, but is generally suitable for renting to working professionals, couples, small households, and families.