Fully let apartment building for sale in Dresden-Striesen: 6 flats, 500 m², multiplier 21.9

The property is fully let and currently yields 58,800 euros annual net cold rent, which at the asking price corresponds to a multiplier of 21.9. The tenancy agreements are open-ended; at 9.80 euros per square metre the average rent is below the Dresden rent index for comparable locations - there is room for adjustment on re-letting. Flat sizes range from 62 to 108 m², which allows a broad tenant mix and avoids cluster risks. There is no maintenance backlog after the modernisation of 2018; the reserve is properly kept. For investors looking for a low-maintenance property in a sought-after location the building is a reliable foundation. We provide the tenant list, the modernisation records and the service charge statements of the last three years by appointment.

The building of 1930 was comprehensively modernised in 2018: roof, windows and electrics were renewed, the facade restored. Each of the six flats has a bathroom with bathtub and shower, laminate floors and underfloor heating; the central oil heating was replaced in 2018. The basement holds six cellar compartments of 40 m² in total, a laundry room and a bicycle room. The converted attic offers a further 33 m² as a drying loft or as a reserve for a later conversion. The 800 m² plot has four parking spaces; the rear garden is used by the tenants of the ground-floor flats.

Striesen is one of Dresden's most popular residential districts: wide avenues, front gardens, villas and tenement houses from around 1900 shape the picture, turnover is low and demand for housing constantly high. Tram lines connect the district with the city centre every five minutes; the Grosser Garten borders it to the west. Schools, nurseries, doctors and shops are within walking distance, the Elbe meadows in Blasewitz a few minutes away. For investors this location means stable lettability and a low vacancy risk.

Energy certificate: consumption certificate, final energy consumption 148.0 kWh/(m²·a), energy source heating oil, year of construction 1930, energy efficiency class E, valid until 2034. Commission: buyer's commission 3.57 % including VAT, due on notarisation; shared commission under section 656c BGB. Viewing: by appointment only, consideration for the tenants is expected. Note: demonstration record of the SES RealEstate product preview - property, price and contact person are fictitious.