Multi-family house in a prime location in Oberursel – a solid investment property with potential for rental income increases.

For sale is a well-maintained apartment building with 4 units, located in a highly desirable area of Oberursel (Taunus). The property offers a total of approximately 283 square meters of living space. It features 3 bright and sunny 3-room apartments, each measuring 75 square meters, with balconies of approximately 7 square meters facing southwest. Additionally, there is a 2-room attic apartment measuring 58 square meters, with two skylights, offering stunning views of the Taunus mountains and the city of Frankfurt. The property also includes 2 garages within this half of the duplex, situated on a corner lot, and boasts solid construction. The apartment building is currently tenanted and generates an annual rental income of €44,280. With a purchase price of €1,150,000, this represents a current gross rental yield of 3.85%. The property has been consistently maintained and modernized over many years. Significant investments have already been made, and documentation is available to verify these improvements. Some of the improvements include:

Primarily parquet flooring, and white-tiled shower-bath combinations installed in the 3 three-room apartments around 2002. The bathroom in the attic apartment was newly renovated in 2024 with light sand-colored tiles and new white fixtures. A new roof covering, including new thermal insulation and membranes, was installed in 2012. During this renovation, the roof gable was extended to allow for potential future external wall insulation. New stainless steel balcony railings with complete balcony renovation including tiling and screed in 2012. A staircase has been created from the balcony of the ground floor apartment to the garden. The electrical system was also completely renovated in 2012. Double-glazed windows installed in 1998, double-glazed skylight in 1993. New front door in 2017, basement/garden door in 2016, double-glazed and insulated basement window in 2015. Furthermore, since 2000, radiators have been replaced in the ground floor, 1st floor, and attic. Additional electrical outlets have been installed behind the plaster in the ground floor and 1st floor during previous renovations, and the kitchen floors have been newly tiled. The garage roof has been renovated. The heating system is a low-temperature gas system. Private sale – no buyer's commission.

Viewings are by appointment only.

The property is located in a very desirable residential area of Oberursel, offering a peaceful living environment while providing excellent access to the Rhine-Main region.

The Oberursel train station, as well as connections to the S-Bahn (suburban railway) and U-Bahn (subway) lines towards Frankfurt, are easily accessible. The town center of Oberursel, with its shops, restaurants, and amenities, is also within a convenient distance.

The combination of proximity to Frankfurt, excellent transport links, and a high quality of life makes Oberursel a consistently sought-after residential location.