The property is located in a central yet quiet location in the sought-after Waldstraßenviertel district of Leipzig.
Built in 1872, the listed building was completely renovated and modernized in 1997.
It has a total lettable area of approx. 807 m², which is divided into floor units on the lower floors as well as spacious 2 and 3-room apartments on the upper floors. The converted attic in which there are 2 duplex units, can be easily reached by the elevator installed in the stairwell.
The classic residential and commercial building is already divided into WEG.
The application for the construction of balconies and the installation of roof loggias has already been submitted. After development of the Balconies the property will have about 816 m² lettable area.
The property currently contains two empty units in which new parquet flooring has been laid and a painterly repair carried out. These units are for rent at 9.50 € / m² cold (without utilities).
Furthermore, rent increase requests were carried out, which are effective from 01.08.2019 and 01.09.2019. The target rent indicated in the exposé is already calculated on the increases and the new lease.
Rental income: € 49.189,32 / year
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