Multi-family house with no outstanding debts, offering an 8.4% return.

The fully occupied multi-family building, consisting of eight apartments, features highly desirable four-room apartments ranging in size from approximately 75 square meters to approximately 110 square meters. These apartments feature bathrooms with both a bathtub and a shower, and mostly have balconies. Each unit is equipped with an intercom system.
All apartments feature a combination of tiled and laminate flooring.
The building is heated by gas-powered central heating systems.

The property is located in the northern part of Gera's city center. The location boasts a central and well-connected position, with a well-established residential and mixed-use structure. The surrounding area is predominantly characterized by renovated multi-family buildings from the Gründerzeit era, with some commercial and service businesses. The city center, with its diverse shopping, service, and dining options, is easily accessible within a few minutes. Essential amenities, including supermarkets, pharmacies, doctors' offices, schools, and daycare centers, are located in the immediate vicinity and are partially within walking distance. The transportation links are excellent. The Gagarinstrasse and Berliner Strasse provide quick access to the regional road network. Several bus and tram lines are within walking distance, ensuring good access to the city center, the main train station, and other districts. In addition to the urban infrastructure, the residential area also offers various green spaces and recreational areas. The Bieblacher Bach area and other public green spaces are located nearby, enhancing the quality of life. Overall, this is a centrally located residential area with excellent infrastructure, short distances to essential amenities, and good access to public transportation and the regional transportation network.