Investment opportunity with development potential – 4 apartments + commercial space – Upper Lusatia region.

Commission-free: In a fantastic location, in the town center, next to the Spree bridge. Multi-family house with 4 apartments, commercial space, and development potential in Schirgiswalde.
Purchase price: €195,000 (negotiable)
For sale directly by the owner – no buyer's commission.

For sale is a versatile residential and commercial property in Schirgiswalde-Kirschau, in the Bautzen district. The property offers four apartments, a commercial unit, additional utility and storage spaces, and significant development potential. The building is particularly suitable for investors, project developers, tradespeople, or buyers who want to combine living, rental income, and commercial activities in one location. Key features:
Year of construction: approximately 1900/1907
Two full floors
Approximately 283 m² of living space
Four residential units
Approximately 103 m² of commercial and ancillary space
Total of approximately 432 m² of living and utility space
Additional outbuilding or storage space of approximately 47 m²
Former bakery or commercial unit with an inner courtyard
Mansard roof with slate covering
Not basemented
Sale commission-free, directly from the owner.
Renovation status:
The building has already been modernized in several key areas: A complete renovation of one apartment.
Another apartment is approximately 75% complete.
Two apartments are still in their original, undeveloped condition.
All windows in the building have been completely replaced.
Water pipes have been replaced.
The electrical system on the first floor, including the meter cupboard and main electrical panel, has been renewed.
Further renovation and completion work is required.
A central heating system or radiators are not yet fully installed. This allows the future owner to choose a heating system that is suitable for the intended use.
Versatile usage possibilities:
The property offers several interesting development opportunities:
* Classic rental of the four apartments.
* Furnished rental to company employees and contractors.
* Staff apartments for regional companies.
* A combination of personal use and rental.
* A multigenerational home.
* Living and working under one roof.
* Use of the commercial unit as an office, studio, workshop, practice, café, or 24/7 vending machine location.
* Holiday or short-term rentals, subject to local regulations. The property's existing spaces and varying states of completion allow for its gradual further development. This makes it an attractive investment opportunity.

The apartments that have already been renovated or are largely completed allow for a phased entry into the rental market. The two remaining apartments, along with the commercial space, offer additional potential for appreciation and revenue generation. A particularly interesting option would be to offer furnished rentals to employees of regional companies, tradespeople, or project staff in the Bautzen and Upper Lusatia area.

Location:

Schirgiswalde-Kirsc­hau is a picture-postcard idyll. It's located in the Bautzen district of Upper Lusatia, close to the largest lake district in Europe, and just 5 km from the Czech border (where you can buy fuel, food, and other goods at favorable prices), and only a few kilometers more to Poland. The region combines a peaceful and central residential location with easy access to Bautzen and Dresden, as well as various industrial, construction, healthcare, and service companies.

Shopping facilities and amenities for daily needs are located in the immediate vicinity. The scenic Upper Lusatia region also offers great potential for leisure and vacation activities. A hiking and forest cycling path is just 2 minutes away on foot. The train station is a 3-minute walk, and it takes 50 minutes to reach the center of Dresden by train. The house is located in a very idyllic spot next to the Spree bridge and opposite public, free parking with an electric vehicle charging station.