Attention investors! 2 partially renovated apartment buildings with development and value-added potential in Riesa.
- Exposé-ID:
- 22158
- Address:
- Postcode / place:
- 01591, Riesa
- Location:
- Riesa
- Area:
- 783.78 m2
- Type of object:
- Apartment building (Invest.)
- Purchase price:
- 349,000.00 EUR
Exposé as PDF Price information:
- Realtor commission:
- 6.96 % incl. 19% VAT (Gross 24,295.64 EUR)
- Purchase price:
- 349,000.00 EUR
- Purchase price/m2:
- 445.28 EUR
Areas:
- Total area:
- 783.78 m2
- Living space:
- 783.78 m2
- Land area:
- 1,237.00 m2
- Rentable area:
- 783.78 m2
Condition & construction:
- Construction type:
- partially renovated old building
- Construction year:
- 1925
- State of construction:
- Unimproved
- State of object:
- For refurbishment
- Distribution:
- 1 MFH unrenovated - planned with 3 apartments and 3 parking spaces and 1 MFH partially renovated with 7 apartments.
Use & yield:
- Occupancy rate:
- partially rented
- Actual basic rent:
- 9.300,00 EUR p. a.
- Target basic rent:
- 57.516,96 EUR p. a.
- Target rent:
- 57.561,96 EUR p. a.
- Yield factor:
- 37,53-times
Equipment:
- Tiled floor
- Laminate
- floor-heating
- Firing with gas
- Solid construction
- Garage parking space
Energy performance certificate from 08 July 2015:
- Type of heating system:
- floor-heating
- Firing/energy source:
- Firing with gas
- Construction year:
- 1925
- Type of energy certificate:
- Consumption certificate
- Energy characteristic:
- 113 kWh/m² x a
- Energy efficiency class:
- D
- Date of Expiry:
- 07 July 2025
113 kWh/(m² x a) Energy efficiency class D
A+ABCDEFGH
0305075100130160200>250
Important documents:
Location
The large district town of Riesa is located on the Elbe, halfway between Dresden and Leipzig. Previously known as the centre of the steel industry, the town's reputation is now more closely linked to sport. The Sachsen Arena, which has a capacity of 13,000 spectators, regularly hosts major sporting and cultural events. Major employers include the electronics service provider Neways Electronics Riesa, the Elbe-Stahlwerke Feralpi and the famous Teigwaren Riesa GmbH. The Elblandkliniken hospital with its approximately 500 employees is also located here. Riesa has three primary schools, two secondary schools, three high schools and a vocational school centre. In the town centre there are numerous shops, cafés, restaurants, museums and a cinema. Transport links are excellent - both for rail (ICE route Dresden-Leipzig) and for car drivers (B 169, A 14). This speaks for the location: location on the Elbe and on the Elbe cycle path; best conditions for passionate walkers, cyclists and joggers; good transport links (ICE route, A14); sports city; many cultural events; stable real estate prices
Description
Take advantage of the opportunity before purchase prices rise again. This attractive renovation package consisting of 2 partially rented, exclusively residential apartment buildings in Riesa is for sale for EUR 445 per square meter of rental space. Riesa, located in the growth region between Dresden and Leipzig, is one of the small town real estate locations in Saxony. The city limits of both cities can be reached in about 60 minutes. Object S26: The house was built around 1935. The property has already been gutted, drained and divided according to the WEG. This resulted in three residential units, one unit per floor. Special garden usage rights and parking spaces were also allocated. The apartments are suitable for families and have a modern design. The building permit and project planning for completion are available. The buyer can start the renovation immediately. The total property covers an area of approx. 676 sqm. Yield: Net rental income pa: EUR 25,738.56 + EUR 900 for the parking spaces Object LH11: This building, built in 1925, has seven residential units. Two apartments are rented out and were completely renovated in 2015 and 2020. Five units are empty and are in an unrenovated, partially renovated condition. It is recommended that the bathrooms as well as the floors and wall surfaces be refurbished. The total living space of this house is approx. 425 sqm. The property covers approx. 560 sqm. Yield: Currently 2 of the 7 residential units are rented. Actual rent income per year: EUR 9,300 (116.60 sqm = EUR 6.65/sqm) Net rental income pa: EUR 28,695.60 (corresponds to a rent of EUR 6.65/sqm) Citymakler Dresden markets this property exclusively for the owner! You can see the complete online exposé at www.citymakler-dresden.de/22158.
Equipment
- S26:
- unrenovated, already gutted apartment building with three residential units
- Planning and building permit are available
- Completion is present
- LH11:
- partially renovated apartment building with seven units
- two units on the 2nd floor completely renovated and rented
- Ground floor right renovated
- Ground floor left partially renovated
- 1st floor and attic unrenovated
S26_EG
S26_OG
S26_DG
S26_DG2
S26_Property
LH11_Front view
LH11_Property
LH11_Rear view
LH11_House entrance
LH11_WE_EGL_Kitchen
LH11_WE_EGL_Living room
LH11_WE_EGL_Bad
LH11_WE_DG_Flur
LH11_WE_DG_Kitchen
LH11_WE_DG_Bad
The information given in the exposé is based on the data transmitted to us by the client or property owner. No guarantee can be given for the correctness and completeness.
David Gersdorf
Senior Manager Sales / Real Estate Agent (IHK)
