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Multi-family house with 8 apartments, offering a solid investment opportunity.
Sachsenstr. 23, 09669 Frankenberg (Frankenberg/Sa.) – SachsenDue to my age, I am selling my multi-family house, which is located in a desirable residential area. It has already been divided into 8 individual apartments, offering you maximum flexibility in the event of future individual sales or property management. The apartments are currently rented out for an average of just €5 per square meter (net, excluding utilities), offering significant potential for increased rental income. The current annual net rental income is approximately €30,000, representing a return that can be further improved.
Are you interested in this house?
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Object Number
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OM-484917
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Object Class
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House
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Object Type
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Multi-family house
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Is occupied
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Occupied
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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449.000 €
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Purchase additional costs
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approx. 30,792 €
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Total costs
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approx. 479,791 €
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Breakdown of Costs
* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs
Does this property fit my budget?
Estimated monthly rate: 1,736€
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Details
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Condition
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Renovated
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Number of floors
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4
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Flooring
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Laminate, Tiles
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Heating
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Central heating
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Year of construction
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1910
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Equipment
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Garden, Basement, Full bath, Fitted kitchen
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, High school, Public transport
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Information on equipment
The building underwent a complete renovation between 1996 and 1998 (including all utilities, roof, facade, and interior). In 2024, a highly efficient new gas central heating system was installed. Each apartment has a basement. All rooms are accessible from the hallway. All bathrooms have windows, a bathtub, and a shower, as well as wall-mounted toilets.
Location
The property is located in a central area with excellent infrastructure. All essential shops are within walking distance. In the immediate vicinity, the idyllic "Paradise Gardens" in the Mühlbachtal valley (famous for the state garden show) offer opportunities for walks and relaxation in nature. The transport links, via the A4 motorway and the B169 road located at the edge of town, as well as the proximity to Chemnitz (12 km) and the economic regions of Dresden and Leipzig, can be described as optimal.
Location Check
Energy
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Final energy consumption
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122.00 kWh/(m²a)
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Energy efficiency class
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D
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Energy certificate type
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Consumption certificate
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Main energy source
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Gas
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Miscellaneous
Topic portals
Send a message directly to the seller
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Offer from: Horst Dubrikow
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