$204,649

Listing currency: €190,000

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Zittau, Germany 2763

This classicist building from 1900 offers a great opportunity for investors looking for a high-yield property. The centrally located residential and commercial building is located in the heart of the city and has a total of four residential units and one commercial unit.After an extensive core renovation in 2000, the house presents itself in a renovated condition and meets modern living requirements. The building is equipped with central heating and has a good quality of equipment.The 301 m² building offers a variety of rooms and is ideally suited for a rental. On the second floor there is a spacious 4-room apartment with about 104 m² of living space. On the second floor there are two 2-room apartments with approx. 54 and 48 m². The third floor houses another 4-room apartment with approx. 95 m². All apartments are currently rented.The property covers an area of approx. 160 m² and offers a good possibility to create a courtyard, which provides space for bicycles and garbage cans. In addition, the courtyard is equipped with a fire and rescue ladder.In 2019, the staircase was renovated and adds a modern touch to the building. The attic is accessible and provides ample space for drying laundry, among other things.The roof covering consists of plain tile with underlayment. The building has a partial basement.The property currently generates net rental income of approx.16,932 euros per year, which shows the potential of this investment.In short, this classicist apartment building with its central location, four residential units and commercial unit offers a great opportunity for investors looking for a high-yield property. With its refurbished interior and modern residential units, this building is attractive to potential tenants. The condition of the building, room distribution and size make it a solid investment. Do not hesitate to contact us for more information and to arrange a viewing.

Amenities

  • Bedrooms: 6
  • Full Bathrooms: 4
  • Property Type: Condo
  • Home size: 3,239 ft2 / 300.91 m2
  • MLS: 22326037
  • Web ID: FXPBH5
  • Status: Available

Area Detailed Information

Property brokered by

von Poll Immobilien GmbH

+49 69 269 157 410

  • +49 3591 - 46 48 54 0
  • +49 3591 - 46 48 54 0 (Office Phone)

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