$1,138,643

The property on offer dates from the Renaissance period, around 1600, and is situated in a prime location in the center of Meissen in the immediate vicinity of the market square.From the mid-1990s, the house was extensively renovated from the roof to the cellar; the project documents from that time are still available and provide information about the work and investments.The first floor houses a commercial unit with a total shop area of 283.5 m², divided between the front building, the rear building and the basement.The commercial units can be divided into 2 units. The special features here are the former inner courtyard, which was turned into a beautiful passage during the refurbishment, and a newly built staircase connecting the buildings. The shop window front to the market side offers approx. 6 m² and very good presentation possibilities.On the 1st floor there are 3 residential units and a small office area for the store unit. One of the apartments in the rear building is a maisonette over 2 floors. As in the entire building, the apartments have been lovingly renovated in accordance with the preservation order, preserving historical details such as a Renaissance wooden ceiling and mullioned windows.On the 2nd floor there is the upper floor of the maisonette in the rear building, a 3-room apartment and the lower level of another residential unit over 2 floors.The top floor has been fitted with enlarged dormers and new windows and provides sufficient light for the one-room apartment and the second floor of the maisonette.The total living space across all floors is 431.20 m². A 3-room apartment on the 2nd floor is currently vacant.The current rental income amounts to € 2,131.80 net per month, which can be increased to € 4631.80 if the property is fully let (commercial and 2nd floor).A beautiful property with development potential awaits you here.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 7,692 ft² / 714.60 m²
• MLS: 23229043
• Web ID: 2XMT25
• Status: Available