Attractive Investment Opportunity: Apartment Building in Leipzig
Welcome to this exclusive exposé of a charming apartment building in the sought-after location of Alt-Lindnau, Leipzig. This property, with its 7 residential units, offers a unique opportunity for investors seeking a solid return in a thriving neighbourhood.
Discover the advantages of this building, which stands out not only for its central location but also for its potential for appreciation. Let us explore the details of this exceptional property together.
Property Overview

Location
15 Geraer Street, 04177 Leipzig, in the sought-after district of Alt-Lindnau

Living Space
A total of 523.87 sqm, distributed across 7 residential units

Special Features
6 rented flats, 1 vacant flat, listed building

Rental Income
£2,299 per month

Sale Price
€975,000

Expansion Potential
56.51 m²
Building Details and Renovations

1

Facade and Structure
The exterior facade was renovated, with an additional small building in the backyard (coach house)

2

Interior
4 renovated flats, renewed staircase and windows

3

Technical Equipment
Central heating system renewed a few years ago

4

Expansion Possibilities
Building permit available for attic conversion and division into condominiums
Flat layout and expansion potential
Ground floor & upper floors
6 residential units of various sizes, optimal for different tenant profiles
1 coach house with 111.47 m²
Attic

Residential unit 7 - A= 56.51 m²
Potential for additional living space through approved attic conversion
Location and Surroundings
Central Location
Walking distance to shops, restaurants and cultural attractions
Excellent Connections
Easy access to public transport, including underground and bus lines
Vibrant Community
Diverse and thriving neighbourhood with a rich cultural heritage
Investment Potential
Stable Rental Income
Currently £2,299 monthly with potential for increase
Appreciation
Through loft conversion and possible conversion to condominiums
Tax Advantages
Heritage protection offers attractive depreciation opportunities
Image Gallery
Contact and Viewing
Contact Person
Contact
Address: Pappelallee 78/79, 10437 Berlin
Commission
3% plus VAT of the notarised purchase price
The commission of 3% plus statutory VAT of the notarised purchase price is due upon notarial contract conclusion and is to be paid by the buyer to the estate agent Mr Saverio Pallocca. The estate agent has concluded a commission-bearing brokerage contract with the seller in the same amount.