Multi-family house in Chemnitz-Kaßberg, offering approximately 7% return on investment. Fully let. District heating system, regularly maintained and in good working order, with potential for further development.

Stylish multi-family building in a prime location, offering a very attractive overall package:
- Stable income through full occupancy and a solid tenant base.
- Compelling financial performance: The annual gross rental income is currently just under €50,000, which corresponds to approximately 7% gross rental yield on a living area of approximately 760 m², with additional potential for rental increases.
- The building is divided into separate ownership units (condominiums) by floor as follows:
Unit TE1 on the ground floor: contains 2 apartments.
Unit TE2 on the 1st floor: contains 2 apartments (easy combination possible).
Unit TE3 on the 2nd floor: contains 2 apartments (easy combination possible).
Unit TE4 on the 3rd floor: contains 2 apartments (easy combination possible).
Unit TE5 in the attic: contains 1 apartment, as well as attic rooms with development potential (easy combination or expansion possible).
Additional development potential in the attic space (currently used as a drying area).
- Future-proofed through comprehensive renovation in 1996, which largely preserved the charm of the large apartments (floor plans and ceiling heights), and the building therefore still offers attractive and sought-after sizes for the total of nine apartments (2-, 3- and 4-room apartments). All the apartments feature bathrooms with ample natural light and spacious open-plan kitchens. A two-room apartment was completely and high-quality renovated in 2022, including meticulous restoration of the plasterwork, original panel doors, renewal of the plaster (breathable lime plaster + silicate paint), installation of a modern bathroom with a freestanding bathtub and shower, double sink, bidet, decorative tiles, and stoneware flooring, high ceilings with spotlights, and a floor-to-ceiling, triple-glazed window-door, designer radiators, and built-in furniture in the kitchen.

- Energy efficiency is ensured by the existing connection to the municipal district heating network, and the hot water system will be completely renewed in 2025.
- Highly desirable location: The Kaßberg district is one of the largest contiguous historic districts in Germany, and its charm has always made it the preferred choice for residents and newcomers alike. It is located just a 5-10 minute walk from the city center and Schloßteich lake. The house is located in a quiet area of Kaßberg, with all essential amenities within easy reach (bus, employers, pharmacy, parks, school, high school, shopping center, discount supermarkets, doctors/hospitals, fitness centers, restaurants, bars, cafes, church, clubs, etc.). Free parking is available in the nearby public parking areas.

- Excellent macro-location: Chemnitz is the third-largest city in Saxony, with approximately 250,000 residents. This independent city forms the economic and cultural heart of the Chemnitz-Zwickau region, serving a catchment area of around 1.42 million people. The city has a per capita purchasing power comparable to cities like Berlin, Dresden, and Leipzig. The attractiveness of Chemnitz as an industrial and residential location has been further enhanced by its selection as the European Capital of Culture in 2025, resulting in increased visibility and significant investments (approximately €90 million in EU, state, and federal programs, as well as numerous additional private investments).

- Direct access and control through global ownership (asset or share deal possible), and cost-effective acquisition directly from the owner.

The apartment building is located in a quiet area on a side street. It's situated in the most densely populated part of the city – the beautiful Kaßberg district. Living here is appealing: the architecture, greenery, and urban environment create a vibrant neighborhood. Apartment buildings with impressive facades, beautiful villas, and parks characterize Kaßberg, which has been designated a protected historical area since 1991. Buildings from the Historicism, Art Nouveau, and New Objectivity periods here recall the once prosperous and internationally significant industrial city. Approximately one hundred years later, after the destruction caused by the war was repaired, the district has once again become a desirable place to live. Attractive housing in historical or modern homes, good local amenities for daily needs, and a wide range of leisure activities attract a new clientele, revitalizing the area. Cafés, bars, pubs, snack bars, and excellent restaurants provide a solid foundation for meals, socializing, and entertainment. Clubs, fitness centers, a climbing gym, a nearby swimming pool, and a gondola station on the Schloßteich offer opportunities for sports and both active and passive cultural enjoyment. Within a few hundred meters, you'll also find kindergartens and various schools. You can easily reach the city center on foot, through streets lined with gardens and trees. In just fifteen minutes, you can reach the wooded slopes of Kaßberg, down to the river that gives the city its name, and into the city center. If you use public transportation, you can choose from more than a dozen lines within a half-kilometer radius. If you drive, you can quickly reach the A72 and A4 highways in just under five kilometers. Short distances and a diverse range of amenities are the great advantages of living in a central location with us – in the heart of Kaßberg!