Multi-family house, high return of over 7.2%, 8 units, garden, renovated and well-rented, in a central location.

Renovated and well-maintained multi-family building with a high return on investment, offering a net cold rent of €121,200 per year. Located in a central area, the Marktplatz Offenbach S-Bahn station is within walking distance, as are schools, kindergartens, and the pedestrian zone.

* This fully occupied multi-family building, with a good tenant profile, is a valuable asset for investors, as it generates a good net income through sustainable rental potential.
* Due to its historical significance and the remaining useful life assessment, there is a high depreciation allowance.
* The building can also be divided into 8 separate residential units.
* The current annual net cold rent is a result of its excellent central location in the Rhine-Main area, with good S-Bahn connections. This allows tenants to easily reach the Frankfurt city center and the airport without having to change trains.
* The proven rental concept, which includes fitted kitchens and furniture, appeals to a wide range of potential tenants. There is a consistent demand, which minimizes vacancy risk and ensures long-term rental potential. * Roof renovation and facade: 2014
* Complete renovation of one apartment, partial renovation of other apartments, and all apartments renovated: 2010 and 2011. * Many of the apartment heating systems have been gradually replaced since: 2010.
* Complete renovation of the building, including electrical systems, plumbing, and double-glazed windows: 1990.
* Laundry room in the basement renovated, and all washing machines and dryers moved there: 2015.
* Basement waterproofed with WU concrete, insulated, and covered with a building film: 2015.
* Sewerage system under the basement floor and the drain completely replaced: 2015.
* All basement windows replaced with double glazing: 2010.
* 8 storage rooms built in the basement, one for each apartment: 2015.
* Stairwell renovated: 2025.
* An additional usable space of approximately 50m² is located under the ground floor apartment on the garden side. The original idea was to create a basement apartment there, but it was only prepared, not built. * A realistic expansion potential exists in the form of installing 6 balconies on the courtyard side. This could increase the property value and expand the living space. A quote for 30,000 Euros was received in 2022. * If, at a later stage, the apartments are only rented to families as partially furnished properties, "bright 3-room apartment with balcony" is a good selling point for achieving good rental income.
* Bicycle parking spaces are available in the courtyard.
* All apartments are very bright, with large windows.
* The ground-floor apartment on the right, with its Feng Shui garden, can be connected to the partially developed "basement" via a spiral staircase, subject to application and approval, for personal use. Otherwise, subject to application and approval, the garden could be converted into 5 parking spaces for cars.
* Three kindergartens, two schools, and numerous shopping facilities are located nearby.
* Tenants are responsible for paying electricity and gas, resulting in manageable and low ancillary costs.
** Conclusion: This well-maintained apartment building, originally optimized as a retirement investment, is now for sale for personal reasons.
* Annual net cold rent: €121,200, monthly income: €10,100 (the apartment with the garden is included in this calculation, and is either being sold vacant or will be handed over with the existing tenant). * This multi-family house is ideal for investors, as the building, a classic structure from a bygone era, offers a solid foundation, is located in a desirable area, generates high returns, and allows for significant depreciation.
* Due to its historical significance, an energy performance certificate is not required.
* This property is an investment opportunity with two options: partial owner-occupancy or complete rental.
* Due to ongoing modernization and renovations, minimal reserve funds are required.
* This classic building from the Gründerzeit era retains its charm and features a beautiful facade.

Offenbach am Main is a large city in the Rhine-Main region, and it has almost merged with the international financial center of Frankfurt. In the future, both cities will offer better growth opportunities. The demographic development is positive, and more and more young people are moving to the Rhine-Main metropolitan area.
The excellent infrastructure in the heart of Hesse, with its well-connected transportation network, particularly good motorway links, and proximity to the European Central Bank and Frankfurt Airport, will make it even more attractive in the future.

***Location of the property:*** The urban location in a major city is particularly interesting for young people and students, as it offers a vibrant nightlife with bars, clubs, and educational institutions in both Frankfurt and Offenbach, as well as several universities and colleges.

This excellent location is also ideal for renting to families with one child: a bus stop for local transportation is located right in front of the garden. All daily needs can be conveniently met on foot. Children can also walk to school.

***We would be happy to arrange a viewing.***