Investors wanted -12% yield

Watch out, the yield bargain!

A very attractive, inner-city detached/two-family house with an appealing façade and 2 full storeys and is rented to a young family.

The layout and size of the apartments can be seen from the drawing and the list of tenants.

The annual rent is € 7,800.

The house has a beautiful urban staircase that leads to the entrance after a few steps.

On the newly built extension (for storing larger items), there is a very cozy terrace, which can be used from the kitchen, with a view of the castle.

The attic is available as a drying loft with storage space or as a laundry room.

Due to the hillside location, there is a wonderful view over the town of Greiz.

There are 2 parking spaces in front of the building.

The floor plans are functional and in high demand.

A thorough renovation was carried out in 2000 and on the owner's own initiative in 2022/23/24/25.

The house is fully connected to the public supply network. (road extension, sewer, gas and electricity connection);

There are no construction or contaminated sites on the property.

Greiz is a town with around 22,000 inhabitants in the south-east of Thuringia, directly on the border with Saxony. It is the county town of the district of Greiz and the middle center for the southern part of the district. The town is located in the Weiße Elster valley in the Thuringian Vogtland region. Due to its charming location in a valley basin and its numerous historical buildings, it is known as the "Pearl of the Vogtland". Greiz was the residential town of the principality of Reuss of the older line, which existed as an independent federal state in the German Empire until 1918 and was ruled by the House of Reuss.

Interregional connections:
Dreieck A4, A9, A72, B 92, B 94, nearest larger city: Zwickau, approx. 26 km, Plauen 25 km, Chemnitz approx. 69, state capital Erfurt approx. 110 km, Dresden approx. 134 km, Leipzig approx. 126 km away, rail connections: Regio-Bahn - Weischlitz-Plauen-Greiz-Gera, airports: Hof-Plauen, approx. 18 km away, Halle/Leipzig approx. 100 km and Dresden approx. 135 km

Inner-city location:
Due to the good location to the city center, you have the stores for daily needs in the immediate vicinity.
Public transportation (bus) is within walking distance.

Other infrastructure:
Elementary school, Ulf-Merbold-Gymnasium, kindergartens, medical practices, nearby medical center, pharmacies, new swimming pool with ice rink and sports fields, close to the upper and lower castle, the city park Greiz with summer palace, well-kept parks, rare plants and trees. The summer palace, with its magnificent gardens, always offers interesting exhibitions, close to the Göltzschtal bridge and Mylau Castle.