Monumental duplex apartment with panoramic views, 83 m², recently renovated, currently rented, no commission fees.

This maisonette apartment, located on two levels in the upper section of a late Gründerzeit-era double-tenement building at 138 Leipzig Street, offers a unique charm. Spread across 83.22 square meters, it comprises three rooms, a separate kitchen with a window, a daylight bathroom, and a hallway. From the second level, there's a wide view over the rooftops of Pieschen to the Elbe River. The sleeping area faces a quiet, green courtyard. The building, constructed in 1900, is a listed building, and underwent a comprehensive renovation in 1994 that respected its historical character. Restored brick facade with sandstone elements, a well-maintained staircase with a historical tile design, and a park-like courtyard with mature trees contribute to the character of the address. The building complex consists of a total of 16 units. The individual ownership unit was extensively modernized in 2025 and 2026. The bathroom and kitchen feature new tiles, renewed sanitary fixtures, modern faucets, a bathtub with a shower screen and a towel heater. The apartment also includes a custom-built kitchen with a dishwasher, ceramic hob, oven, refrigerator-freezer combination, extractor fan, white interior doors, high-quality flooring, clean skirting boards, painted ceilings and walls. The complete furnishing, including the television, as well as the washer-dryer, are included in the purchase. The property has been managed since June 1, 2026, by a professional residential property management company, which is explicitly authorized to sublet the property. The net base rent is €1,045.00 per month, plus €455.00 as an advance payment for operating and heating costs, resulting in a total of €1,500.00. A security deposit of €3,135.00 is required. Both parties have agreed to exclude ordinary termination for two years from the contract's signing, which creates a predictable initial phase without changes in occupancy. With a purchase price of €297,200, equivalent to €3,571 per square meter, the gross yield is approximately 4.2% per year. According to the 2026 financial plan, the monthly service charges are €388.80. Of this, €283.65 is for expenses that can be passed on, €63.47 is for non-reimbursable costs, and €41.69 is for contributions to the maintenance reserve. The portion that remains permanently with the owner is €105.16.

The property at Leipziger Straße 138 is located in Dresden-Pieschen, a well-established residential area in the northwest of the city, which is highly sought after by young professionals and students.
The tram stop is located directly in front of the building, just a 1-minute walk away. From there, you can reach Dresden's Neustadt in approximately 7 minutes, and the historic city center with the Frauenkirche and Semper Opera in around 15 minutes, including the walk from the building's entrance.
The Elbwiesen park and the Elberadweg (Elbe cycle path), offering recreational opportunities, are located approximately 5 minutes away on foot. Shops for daily necessities, doctors, daycare centers, schools, and restaurants can be found within walking distance along Bürgerstraße and Oschatzer Straße.
By car, you can reach the Elbepark in approximately 10 minutes, the A4 motorway exit at Dresden-Neustadt in about 10 minutes, and the semiconductor locations in northern Dresden, around Infineon, Bosch, and GlobalFoundries, in approximately 15 minutes. This microelectronics cluster is considered the largest of its kind in Europe, which ensures long-term purchasing power for the area.
All time estimates are approximate and may vary depending on traffic conditions and departure time.