Multi-family house with no outstanding debts, offering an 8.0% return.

The fully occupied multi-family building, comprising eight apartments, offers a mix of one- to four-room units, with sizes ranging from approximately 18 square meters to approximately 79 square meters. This multi-family building, constructed as part of a block development and featuring an attic space, is a solid building characteristic of the Gründerzeit era. The facade facing the street has been simplified as part of a modernization project, and only parts of the original facade details remain.

The units all have bathrooms with either a bathtub or a shower.
All units feature tiled and laminate flooring.
The building is heated by a central gas heating system installed in 2022.
Most of the windows have been replaced with modern white plastic windows with double glazing. The roof is a steep mansard roof covered with slate.

The property is located at No. 6 Hans-Otto-Straße, in a central location within the city of Gera. Hans-Otto-Straße is a short, quiet street with predominantly multi-story residential buildings. It connects Bärenweg with Theaterstraße and, due to its location, offers good accessibility and a generally peaceful residential environment. The city center of Gera is within a few minutes' walk. In the immediate vicinity, there are numerous shopping opportunities, restaurants, service providers, doctors, pharmacies, and cultural institutions. The main train station of Gera is also within walking distance and provides connections to regional rail services. Furthermore, there is good access to public transportation through several tram and bus stops in the surrounding area. Connections to regional and intercity transportation are available via the federal highways B2 and B92, as well as the A4 motorway, all of which are easily accessible by car. This ensures good accessibility to the cities of Jena, Leipzig, Chemnitz, and Erfurt. The residential area is characterized by a mix of residential buildings, public facilities, and smaller commercial and service businesses. Green spaces and recreational areas, including the areas along the White Elster river and the Hofwiesenpark, are also located nearby, offering a high level of leisure and recreation. Overall, it's a good urban residential location with excellent infrastructure, short distances to amenities, and good connections to both public and private transportation.