House in Kretzschau, Germany, 270.02 m²

We present to your attention a renovated and fully rented house for 5 apartments with a central location in the city of Kretzschau. The house has an area of 270 m2 and is located on a plot of 589 m2. On the ground floor there is a large apartment of 92 m2, on the second floor there are 2 apartments of 47 m2 each and on the third floor there are 2 apartments of 42 m2 each. All 5 apartments are rented out with a monthly cold rent (excluding utilities) of 1127 euros/month. The storage facilities are used by the owner, which he is willing to rent for 303 euros/month. Thus, the rent will rise to 1,430 euros/month, which corresponds to a yield of about 8.6%.

The facility is located in the central part of the city of Kretzschau, at a distance of about 4 km. It is about 30 km from the city of Zeitz. from Leipzig. There is an elementary school, a kindergarten, a bakery and several restaurants about a 1-2-minute walk from the house.

A great option with a stable high income!