For investors: 7-party apartment building in great location!, Frankfurt Am Main, Germany
Frankfurt am Main, Regierungsbezirk Darmstadt, Hesse, Germany
Property ID: 40293857
Summary Data
| Price | £1,575,684 |
| Price Type | For Sale |
| Bedrooms | Studio |
| Bathrooms | 4 - Bath |
| Plot Size | 234m2 |
| Building Size | 320m2 |
| Sector | Residential |
| Type | Houses |
| Subtype | Self Build |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This apartment house was built in 1910 on a plot of land of about 234 m². It impresses by its very central location with all amenities within a very short distance. The building consists of a total of 6 residential units and 1 commercial unit on the ground floor. All apartments (except the unit in the attic, as this is used by the owners themselves and is vacant by arrangement) are currently rented.
The division is as follows:
- ground floor:
Shoemaker's shop with kitchen, WC and 2 storerooms (approx. 32, 5 m²)
2-room-apartment
- First and second floor:
1x 2-room-apartment with balcony
1x 2-room-apartment without balcony
- Top floor:
3-room apartment, free (approx. 78.80 m²)
The house has a full basement. To almost every housing unit belongs its own cellar room. In addition, there is a washing and drying room, a bicycle or pram storage room and the boiler room. The property is heated by a gas central heating. The last modernisation took place in 1986. Two (also rented) underground parking spaces round off this purchase offer optimally.
Please note that the property is a publicly subsidized living space. The rental and occupancy commitment expires on 01.01.2021. For one apartment, the commitment was extended by 60 months and therefore ends on 31.12.2026. An annual net cold rent of around € 19,000 is achieved. After the expiry of the commitment, a rent adjustment to the local comparative rent is possible. The rent list and other documents can be found in the download area of the online exposé at realbest.de.
Features
- 6 residential, 1 commercial unit
- Rental price fixing until 01.01.2021
- 1 residential unit free of rental price maintenance (attic storey), no occupancy
- 1 housing unit extended binding until 31.12.2026
- Last modernisation in 1986
An agent's commission in the amount of 5.95 % of the purchase price incl. legally applicable VAT of 19% is due upon conclusion of a notarised purchase agreement.
Description of the location
The offered object convinces with its great location in the district Bockenheim. Numerous shopping facilities, restaurants and cafés are within walking distance. The St. Elisabeth Hospital is also only a stone's throw away. Public transport is also within walking distance, an underground station is almost directly in front of the door and the S-Bahn station Frankfurt am Main West is about 800 metres away. For nature lovers, the Botanical Garden (approx. 2 km) and the Volkspark Niddatal with playground and outdoor fitness area (approx. 2.8 km) are ideal for active excursions or relaxation in the countryside.
The information contained in the property summary is based solely on information provided by the vendor. realbest Germany GmbH therefore accepts no liability for the accuracy or completeness of the information contained in the property summary. We would like to explicitly state that we have not verified this information either in law or in fact and therefore recommend that you seek legal counsel or advice from appropriate experts. All floor space measurements are approximate. Our general terms and conditions apply.
On Site AMENITIES
- Parking
- Shops
Building Style
-
Floors:
Property Features
FITTINGS & FURNISHINGS
- Shower