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Multi-family house with a large rear building and two garages.

Leipziger Straße 66, 04178 Leipzig (Böhlitz-Ehrenberg) – Sachsen
1.199.900 €
394 m²
Living Area
980 m²
Plot Area
Private offer
Apartment building or investment property
Residential and commercial building

High-yield residential and commercial building in Leipzig – ongoing rental income combined with attractive development potential.

This versatile residential and commercial property in Leipzig-Böhlitz-Ehrenberg offers investors an interesting combination of existing rental income, an attractive price per square meter, and additional potential for value appreciation and rental growth. Located on a plot of approximately 980 m², the property comprises a complex of buildings, including a front building and a rear building, with a total area of approximately 722 m². This includes approximately 394 m² of residential space, approximately 250 m² of commercial space, and an additional approximately 78 m² of other areas. The property is further complemented by two garages and two parking spaces. With an asking price of €1,199,900, the price per square meter is an attractive €1,662. This represents an interesting starting point for long-term investors, particularly for a Leipzig location with existing development, ongoing rental income, and additional development opportunities. Solid foundation thanks to the fully rented front building.

A significant advantage of the property is the fully rented front building. The existing lease agreements generate ongoing income from day one, forming the economic foundation of the investment. At the same time, the current tenant base creates opportunities for long-term rental growth. As tenants move in the future, and within the legally permissible limits, existing lease agreements can be gradually adjusted to reflect further market developments. The potential is highlighted by the rental price analysis included in the property details: For the postal code area 04178 Leipzig, an average asking rent of approximately €9.86 per square meter is indicated. Simultaneously, the analysis shows a demand index of 223, indicating a significantly above-average level of demand.

The rear building as an additional source of return:
The particular appeal of this investment lies in the spacious rear building. While the front building already generates ongoing income, the rear building offers additional opportunities for re-letting and economic development. Through targeted refurbishment and subsequent re-letting, additional rental income can be generated, gradually increasing the overall return on the property. The combination of existing cash flow and untapped potential makes the property attractive to investors who not only want to acquire existing assets but also actively develop additional value. The property information currently shows an actual net rental income of €28,450 per year and a target net rental income of €69,550 per year. This highlights the significant potential for increased returns for the entire property. The target rental income should be viewed as a development opportunity and depends on the successful re-letting of the property and/or further economic development of the relevant areas. If the target rental income is fully realized, a gross return of approximately 5.8% would be calculated based on the purchase price. This represents an attractive opportunity for long-term investors. In addition to the immediate return on investment, the property offers another crucial advantage: the buyer is not acquiring a fully developed investment property at a correspondingly high price, but rather has the opportunity to actively shape its future value and profitability. The fully rented main building provides a solid foundation, while the potential for rental growth, the re-letting of the rear building, and further optimization of the existing spaces open up additional opportunities.

Are you interested in this offer?

Object Number
OM-491446
Object Class
Apartment building or investment property
Object Type
Residential and commercial building
Handover from
Immediately

Purchase price & additional costs

purchase price
1.199.900 €
Purchase additional costs
approx. 80,213 €
Total costs
approx. 1,280,113 €
Price per m²
1,662.00 €
Operating costs allocated p.a.
950 €
Non-allocatable operating costs p.a.
150 €

Breakdown of Costs

Purchase price 1.199.900 €
Real estate transfer tax 65,995 € (5.50%)
Notary costs 9,401 € (0.78%)
Land register entry 4,818 € (0.40%)
Broker commission 0€ (0%)

* 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: 4,728€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 3.91%

Details

Condition
Modernized
Year of last modernization
2004
Number of floors
3
Level
Cellar
Commercial area
250 m²
Total area
722 m²
Other areas
78 m²
Number of garages
2
Number of parking lots
2
Net rental income (target) p.a.
69550 €
Net rental income (actual) p.a.
28450 €
X-times rental income
17.25
Number of units
6
Flooring
Laminate, Carpet, Tiles, Vinyl / PVC
Heating
Central heating
Year of construction
1900
Equipment
Garden, Basement
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

Investment Highlights at a Glance:

- Residential and commercial building in Leipzig-Böhlitz-Ehrenberg
- Attractive purchase price of approximately €1,662 per square meter of total area
- Approximately 722 square meters of total area on a property of approximately 980 square meters
- Of which, approximately 394 square meters of residential space
- Approximately 250 square meters of commercial space, plus approximately 78 square meters of additional space
- A total of 8 units
- The front building is fully let, providing a solid foundation for ongoing rental income
- Current net rental income: approximately €28,450 per year. Projected net rental income: approximately €69,550 per year. Significant additional income potential through re-letting and development of the rear building.
- Long-term potential for rent increases in the front building, within the limits of the law.
- Average asking rent in the 04178 postal code area: approximately €9.86 per square meter.
- Significantly above-average demand for rental properties in the 04178 postal code area, with a demand index of 223.
- Projected gross yield of approximately 5.8% if the projected net rental income is achieved.
- An interesting combination of existing cash flow and additional development potential.
- Two garages and two additional parking spaces.
- Good infrastructure and direct public transportation links to the center of Leipzig.
- An attractive opportunity for institutional investors, existing property owners, and development-focused investors.
- Purchase without commission for the buyer.

Location

Location Description – Leipzig-Böhlitz-Ehrenberg

Lei­pziger Straße 66 is located in the popular Leipzig district of Böhlitz-Ehrenberg, in the green western part of the city near the exhibition grounds. The location offers a pleasant combination of a well-established, family-friendly residential environment with the advantages of the city of Leipzig. Those who want to live close to the city center while also valuing short distances, good infrastructure, and recreational opportunities will find excellent conditions here. Family-friendly and well-equipped.

Families in particular benefit from the district's excellent infrastructure. Böhlitz-Ehrenberg has primary schools, kindergartens, and a secondary school. Further educational opportunities are also easily accessible. The combination of short distances and good connections to public transport significantly simplifies family life. Shops for daily needs, bakeries, pharmacies, doctors, and other service providers are located in the immediate vicinity. The Löwen Center Leipzig and other shopping options in western Leipzig are also easily accessible. This allows most daily errands to be conveniently combined with short distances. Excellent connection to the city center of Leipzig.
A major advantage of this location is its access to public transportation. Tram line 7 directly connects Böhlitz-Ehrenberg to the city center of Leipzig and the main train station. The journey to the center of Leipzig takes approximately 25 minutes from the village center. This is complemented by bus connections, as well as the nearby train and suburban train stations in Leipzig-Leutzsch. The location is also excellently connected by car. Via the B181, there is a quick connection to Leipzig, and via the Leipzig-West exit, there is access to the A9 motorway. This makes the location ideal for commuters and families who want to be flexible for work or leisure. Nature and leisure activities right on your doorstep.
Despite the excellent transport links, Böhlitz-Ehrenberg has retained its pleasant, green, and somewhat small-town character. The area west of Leipzig offers numerous opportunities for walks, bike rides, sports, and shared leisure activities with the family. In particular, the proximity to the extensive green spaces and meadows in western Leipzig provides a high quality of life and recreational opportunities. At the same time, the neighborhood offers a diverse range of clubs and sports activities. Living between the city and nature.

Leipziger Straße 66 offers an attractive combination: family-friendly living, a well-established infrastructure, good educational and childcare options, and direct access to the city center of Leipzig.

Location Check

Child Friendliness
200m
Health
50m
Sports
350m
Shopping
50m
Eating Out
50m
Culture
200m
Nature
200m
Public Transport
100m
Nightlife
150m

Energy

Energy certificate type
Consumption certificate
Main energy source
Oil
Final energy consumption electricity
25.00 kWh/(m²a)
Final energy consumption heat
108.60 kWh/(m²a)

PDF

Miscellaneous

Note Regarding Photo Documentation:

Out of respect for the privacy of existing tenants, interior photos of the apartments and rooms are intentionally not included in the public listing. We are happy to provide further photo documentation to serious potential buyers upon request, after you have provided your complete contact details. We ask for your understanding of this discreet approach – responsible handling of the privacy of residents is of great importance to us. We will gladly provide you with further information about this property upon request, in the form of our comprehensive brochure. However, please understand that only complete inquiries (name, address, phone/email) can be processed. This offer is subject to change and is non-binding; the seller reserves the right to sell the property to another party. As our information is based on data provided by third parties, we cannot guarantee its accuracy. By submitting your inquiry, you agree to the Telemedia Act, which allows us to contact you. Please only submit inquiries with the necessary contact details: name, address, phone number, and email. Incomplete inquiries cannot be processed. We are marketing this property on behalf of our client; there are no real estate agent fees for you!

Frank Stabler
Real Estate Agent
and
Expert in the valuation of developed and undeveloped properties
according to DIN ISO 17024 and PersCert.

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Frank Stabler