SOLD - 10 Apartments & 2 Commercial Units Producing 9.5% Net Yield. This is a very fine building, full occupied, completly refurbished, no additional works neccessary. It is located only a few minutes away from Chemnitz - center. It contains ten apartments on the upper floors and two commercial units on the ground floor, a hairdresser and an optician.

1061 sqm of rentable space spread over 5 Floors - Property has been well maintained.

Current Net Yield of 9.5% with Potential of 11.5% Yield

Purchase price of €550,000

Current Net Rental Income of €52,164

Residential area 886 sqm

Commercial area 175 sqm

Total 1061 sqm of rentable space.

Plot size 730 sqm

No Renovation work required