Subdivided and fully renovated multi-family house in Dresden

Originally built in 1918, this eleven-unit building underwent a full renovation in 2024/2025 and is ready for immediate occupancy. The property has a total living area of approximately 951 sqm on a 400-sqm plot, with apartments offering spacious floor plans ranging from 48 to 136 sqm. The facade has heritage protection status.
The building is offered vacant, with projected rents ranging from €13/sqm to €16/sqm, depending on specification.
The apartment building is located in a popular neighbourhood in northern Dresden.
Asking price: EUR 3,200,000, plus 7.14% commission (incl. VAT)
Lettable space: 951 sqm
Annual net rent (target): EUR 150,000
Energy performance certificate: Heating is via a modern gas central heating system, which can be supplemented with a heat pump at the buyer’s request. Two energy performance certificates are available:
– Gas central heating: energy consumption 119.5 kWh/m²a (Class D–E)
– Gas + heat pump: energy consumption 65.5 kWh/m²a (Class B)
(Please quote property reference number 53395 when making your enquiry)