Fully let residential and commercial building in Zittau | Approximately 10% yield | €44,472 annual gross rent.

6 apartments + commercial space | Approximately 458 m² total area | Extensively renovated in 2026 | Fully let | Attractive yield of approximately 10%
High-yield residential and commercial building in Zittau – fully let and partially extensively renovated. For sale is a residential and commercial building dating from 1885, located in Zittau. The property comprises a total of 6 apartments and one commercial unit, with a total area of approximately 458 m². Of this, approximately 278 m² is residential space and approximately 180 m² is commercial space. The property is currently fully let and generates a monthly net cold rent of €3,706, equivalent to an annual net cold rent of €44,472. In 2026, four of the six apartments and the commercial unit were renovated and modernized. This combines a significantly modernized property with ongoing and immediately available rental income. With a purchase price of €445,000, the gross rental yield is approximately 10.0%, and the price-to-rent ratio is around 10. Another practical... The advantage is the parking situation: Directly opposite the property is a parking lot that can be used free of charge, with capacity for approximately 30 vehicles, which offers a significant benefit to both residents and commercial users. The property is particularly suitable for investors and existing owners looking for a combination of ongoing cash flow, full occupancy, a modernized building, and an attractive return profile.

Key figures:
Purchase price: €445,000
Annual net cold rent: €44,472
Monthly net cold rent: €3,706
Gross yield: approximately 10.0%
Yield factor: approximately 10.0
Living space: approximately 278 m²
Commercial space: approximately 180 m²
Total area: approximately 458 m²
Units: 6 apartments + 1 commercial unit
Occupancy rate: 100%
Year of construction: 1885
Modernization planned for 2026: 4 apartments + commercial unit
Direct sale by Hejny Immobilien UG - without commission!!!

The property is located in a central area of Zittau, on Äußere Weberstraße. This location offers excellent access to urban amenities, with short distances to shops, public transportation, and everyday services. A bus stop is just a few minutes' walk away, and the Zittau train station is conveniently located approximately 1 km away. Shops, bakeries, pharmacies, doctors' offices, as well as schools and daycare facilities are also located in the immediate vicinity. The historic city center of Zittau, with its shops, restaurants, cafes, and cultural attractions, is also easily accessible. Another advantage of the location is the presence of the Zittau/Görlitz University of Applied Sciences, with its campus in Zittau, making the city an attractive place to live not only for families and professionals, but also for students and university staff. Zittau is located directly on the border region of Germany, the Czech Republic, and Poland, offering a unique cross-border location. The Czech city of Liberec, as well as numerous employment, shopping, and leisure opportunities in the Czech Republic and Poland, are easily accessible. The region offers a diverse range of recreational opportunities, including the Zittau Mountains, the Olbersdorf Lake, and numerous hiking and cycling trails. The combination of a central location, excellent infrastructure, a university campus, and its location on the tri-border area makes this location attractive both for owner-occupiers and for rental purposes.