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SOLD - City of ZEITHAIN : Radically renewed buy-to-let block w 36 flats - yield 12.25% p. a.

Property ID: ##01601
constructed: 1983 ca.
flats/units: 36 flats
size approx: 2,586.60 sqm (27,841 sqft)
gross yield: 12.25% p. a. initially

● Buy-to-let residential complex situated between the Cities of LEIPZIG & DRESDEN and owned by a private landlord. The Property was fully & radically renewed in 1996 / 1997 and is actually in an almost perfect condition. The current rental status is around 50%+ because the landlord has not had active letting since 2014 on personal reasons. Based on our investigation the demand for the flats is existing.
● Please request your bilingual Property Exposé by email to us (please do not forget your full adress details).