2-family house in an attractive location for investors or owner-occupiers in Königstein OT Mammolshain

This 2-family house is hidden behind trees in a quiet side street in Königstein-Mammolshain.

Bui­lt in 1969 in solid construction, the property has two identically designed apartments on the ground and upper floors, each measuring approx. 85 m2. In the basement there is a usable area of approx. 68 m2 that has been converted into living space.

First floor:
A light-flooded 3.5-room apartment awaits you on the first floor. The apartment has a large living room, two bedrooms and a modern daylight bathroom which ensure maximum living comfort. The apartment also has a separate guest WC. The south-west facing balcony is directly accessible from the living area. From the garage, you can access the apartment at ground level with dry feet. The ground floor apartment is currently rented until 30.04.2024 and will then be available for free use.

Second floor:
The second floor offers a similarly designed 3.5-room apartment, from where you have a wonderful distant view of the Rhine-Main area, especially from the balcony. The apartment can be re-let or modernized with little effort.

Basement:
There is a compact 2 room apartment in the basement, which offers scope for a multi-generational household or as office space. The modern heating system and another spacious storage room in the stairwell are also located here. You can access the adjoining garden directly from the basement apartment. For health reasons, the renovation of the ground floor apartment was not completed at the time and offers the new owner further scope for design. Due to the design of the property, the ceiling height is slightly lower than in the two upper residential units.

Garden:
In the delightful little garden, you can spend pleasant hours outdoors with family and friends, soak up the sun, barbecue and relax.

To the side of the house is a spacious single garage with an electronic sectional door, as well as two parking spaces in front of the house.

The house is heated with heating oil and wood. There is also a high-quality tiled stove on the upper floor for firing with wood.

The annual net cold rent for the ground floor apartment is currently EUR 10.2 thousand and can be increased to approx. EUR 32 thousand when the two other apartments are completed.

Due to its attractive location and the flexibility it offers, the property is well suited as a capital investment if fully let. Alternatively, the property could also be used for owner-occupation, as a multi-generational home or as a new build on the plot.

Königstein-Mammolshain, a district of Königstein im Taunus, is located in the Hochtaunuskreis in Hesse, Germany, and is known for its charming, hilly and wooded landscape in the southern Taunus. Mammolshain is notable for its cider culture and production, with the village surrounded by scattered orchards. The local economy is small and tends to focus on agriculture and smaller service businesses. Transportation links make it possible to reach nearby cities such as Königstein and Frankfurt am Main both by car and by public transportation. In the surrounding area, residents and visitors can enjoy numerous outdoor activities and benefit from a rather quiet, rural lifestyle.