Multi-family house with balconies, located in a desirable residential area, offering a 7.8% return on investment.

The attractive multi-family building located at Franz-Mehring-Straße 35, 07545 Gera, is situated in a central, downtown location and combines the distinctive charm of a historic building with excellent infrastructure connections.
Built in 1895, the multi-family building comprises a total of five residential units, creating a manageable and community-oriented living environment. The property presents itself as a classic urban residential building and is suitable for both long-term rentals and sustainable residential use.
The apartments offer modern layouts and a variety of features. For example, a 3-room apartment located in the attic has approximately 86 square meters of living space, a balcony, and flooring made of laminate and tiles. The bathroom is equipped with a shower and a bathtub.
The building is heated by a central heating system powered by natural gas. According to available information, the heating system was installed in 1997.

Franz-Mehring-Straße is located in the city center of Gera and is characterized by its central location and easy access to everyday amenities. Shops, medical facilities, schools, kindergartens, and public transportation are all within close proximity.

The main railway station of Gera is also just a few minutes away, providing good connections to regional and national rail services. The city's bus and tram network further complements the transportation infrastructure. The nearby A4 motorway provides easy access to cities such as Jena, Erfurt, and Chemnitz.