Multi-family property with 8 apartments, offering a high yield of 8%, renovated and well-rented, in a central location.

IMPORTANT: The apartments are fully furnished and rented out. An additional €80,000 is required for the 8 fitted kitchens and the furnishings. This means the TOTAL PRICE: €1,580,000.
(It is tax advantageous to record the price of the house and the household separately.) Renovated and well-maintained multi-family building. Net cold rent: €121,200 per year, located in a central area of Offenbach. The Marktplatz S-Bahn station is within walking distance, as are the pedestrian zone, numerous kindergartens, and schools. * Fully rented with a good tenant profile. A gem for investors. * The current annual net cold rent is due to its excellent location in the city center of the Rhine-Main region, with good S-Bahn connections. This allows tenants to reach the center of Frankfurt and the airport in just a few minutes, without having to change trains. This ensures sustainable rental income. * High depreciation due to listed building status (only the facade is protected). * ROOF RENOVATION and facade: 2014.
* Complete renovation of one apartment and all other apartments renovated: 2010 and 2011. * Many of the apartment heating systems have been replaced since: 2010
* Major renovation of the building, including electrical systems, plumbing, and double-glazed windows: 1990
* Laundry room in the basement renovated with washing machines and dryers: 2015
* Basement waterproofed with WU-concrete and modernized: 2015
* Sewer lines beneath the basement floor and all connections 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 beneath the ground floor apartment on the garden side. Originally, the idea was for a ground-level apartment, but it was prepared but not built.
* Bicycle parking spaces created in the courtyard: 2015
* 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 "ground-level" space by a spiral staircase, subject to application and approval, for personal use.
* Alternatively, subject to application and approval, the garden could be redesigned to create 5 parking spaces for cars.
* Tenants pay for electricity and gas themselves, resulting in manageable and low additional costs. **CONCLUSION: This well-maintained multi-family house, with a good tenant base, has been optimized for personal retirement planning and is now for sale due to personal reasons. * Annual net cold rent: €121,200, monthly income: €10,100.
* This multi-family house, a classic building with character, has a solid foundation, is in a good location, offers a high return, and benefits from significant depreciation. * No energy performance certificate is required due to its age. * Due to continuous renovations, modernization, and upkeep, no large reserve funds are necessary. *** This building, in the Gründerzeit style, retains its charm and boasts a beautiful facade. ***

**Offenbach am Main is a large city in the Rhine-Main region. Offenbach and the international financial center of Frankfurt have practically grown into one city.**
**In the future, both cities will offer better opportunities for growth.
**The demographic development is positive, and more and more young people are moving to the Rhine-Main metropolitan area. The city is particularly attractive to young people and students, who are drawn by the vibrant nightlife with its bars and clubs, as well as the presence of several universities and colleges in both Frankfurt and Offenbach.
**The excellent infrastructure of the Rhine-Main region, with its particularly good motorway connections and proximity to the airport and banks in Frankfurt, makes the property more appealing.
**The property's excellent location is also very well-suited for renting to families. Because the everyday needs can be conveniently met on foot, although there is a bus stop located in front of the garden. Children can also walk to the kindergarten or school.

***You are welcome to arrange a viewing appointment.***