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Primarily Residential property in Chemnitz, approx. 940sqm
Potential yield of 10.8% can be expected, current yield 7.4%
Guide price: 490000
Situated in the very centre of the city of Chemnitz, this is a purely residential offer set over 5 levels.
The building is one of the finest examples of the style of quality building circa 910 in this region. There are 14 apartments in the building of average size 67 sqm. Three apartments are arranged over 2 levels and are highly attractive for this reason.
The building was fully renovated in 1996 and benefited from complete new heating, electrics, roofing etc. To the rear of the property are balconies which over look the rear garden area which is pleasant in this central location.
The building was fully renovated in 1996 and benefited from complete new heating, electrics, roofing etc.
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