Frankfurt-Sachsenhausen: Rented 1-room apartment with approx. 6 % yield

Very well rented 1-room apartment for sale in a professionally managed apartment building in Frankfurt-Sachsenhausen.

- Letting -
The apartment has been rented to a young gentleman with a good credit rating (doctorate and in permanent employment) since 2022.
The basic rent is EUR 780 per month.

Some comparable apartments in the building are rented for up to EUR 950 cold (furnished), so there is still potential for an increase in the event of a move-out. The only thing that would be required would be a new laminate and a new coat of paint - the rest is great, especially the kitchen is a highlight.

We have several apartments in the property and have already experienced tenant changes. The rush for new tenants is always immense and you always find a decent tenant. The high demand for single apartments in Frankfurt am Main means that they are very easy to let.

- Property management, house money, reserve -
The house is managed by a very established property management company from Frankfurt, who are absolute professionals for such large properties: Easily accessible, online customer portal, everything your heart desires. What's more, there's a janitor in the building who is very helpful when something needs to be done in the apartment.

In addition to the EUR 175 house fee, there are EUR 87 heating costs (each owner has their own contract with Mainova). This means that the house fee is more like EUR 262, of which EUR 95 is not apportionable (management fees, reserves, etc.).

Overall a very good property. Bus stop right around the corner, elevator in the building, Tegut right next door.

- Offer for first-time buyers -
I am happy to provide advice and assistance and also provide templates to make life easier as a landlord.

The property is in a well-connected and everyday-friendly location with excellent infrastructure. The directly adjacent Tegut supermarket enables short distances for daily shopping and underlines the high quality of living in the area.

The location is characterized by good accessibility, a functional neighbourhood and practical supply options. The combination of short distances, available parking spaces and the well thought-out building structure makes the property attractive for both owner-occupiers and investors.