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. Schools, kindergartens, and the pedestrian zone are also just a few minutes away on foot.

* This fully occupied multi-family building, with a good tenant profile, is a gem for investors, as the property generates good net income through sustainable rental potential.
* High depreciation due to historical building status (only the facade is protected).
* Division into 8 separate apartments (WEG - Wohnungs Eigentum Gesellschaft) is also possible.
* The current annual net cold rent reflects the prime inner-city location in the Rhine-Main area, with excellent 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 renovation of all apartments: 2010 and 2011. * Many of the individual gas heating systems have been replaced gradually since: 2010.
* Complete renovation of the building, including electrical systems, plumbing, and double-glazed windows: 1990.
* Laundry room renovated in the basement, and all washing machines and dryers relocated there: 2015.
* Basement waterproofed with WU concrete, insulated, and fitted with a protective film: 2015.
* Sewerage system under the basement floor and the drainage completely renewed: 2015.
* All basement windows replaced with double glazing: 2010.
* 8 basement rooms built, 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. Originally, the idea was for a basement apartment, but it was only prepared, not built. * A realistic expansion potential exists to install 6 additional balconies on the courtyard side. This could increase the value of the property and expand the living space. A quote for €30,000 was received in 2022. * If, in the future, the apartments are only rented to families as partially furnished units, "bright 3-room apartment with balcony" is a good selling point to achieve good rental rates.
* 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.
* There are three kindergartens, two schools, and many shops nearby.
* Tenants pay for electricity and gas themselves, resulting in predictable and low utility 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 the calculation as a hypothetical scenario. This apartment will be delivered vacant or rented out). * This multi-family house is ideal for investors, as the building, with its traditional style, provides a stable foundation, is located in a desirable area, generates high returns, and allows for significant depreciation.
* The facade is a protected historical monument, so no energy performance certificate is required.
* This property is an investment opportunity with two options: partial owner-occupation or complete rental.
* Due to continuous modernization and renovations, minimal reserve funds are needed.
* 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, 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.***