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Investment opportunity: Apartment with a 4.7% return. Features: renovated 1.5-room apartment, fitted kitchen, and underground parking space.

65934 Frankfurt am Main (Nied) – Hessen
199.000 €
1.5
Room
51 m²
Living Area
Private offer
Apartment

Well-maintained investment property with excellent potential: For sale is an approximately 51 m² one-and-a-half-room apartment located on the 7th floor of a very well-managed residential building in Frankfurt-Nied. The apartment features a well-designed layout and was comprehensively renovated in early 2021.

The apartment is let on a long-term and reliable lease. The current monthly base rent is €780 for the apartment, plus €65 for the associated underground parking space (total monthly base rent: €845). This corresponds to an attractive gross rental yield of approximately 4.7%.

Of particular note is the solid financial standing of the homeowners' association (reserve funds of approximately €573,000). A planned renovation of the building's plumbing system in 2026 has already been approved and is funded by the reserve funds, providing you, as the buyer, with technical security for the future without requiring any additional special assessments.

Are you interested in this apartment?

Object Number
OM-446748
Object Class
Apartment
Object Type
Apartment
Is occupied
Occupied
Handover from
By arrangement

Purchase price & additional costs

purchase price
199.000 €
Purchase additional costs
approx. 14,980 €
Total costs
approx. 213,979 €
Purchase price garage/parking space
15,000 €
HOA fee
350 €

Breakdown of Costs

Purchase price 199.000 €
Real estate transfer tax 11,940 € (6.00%)
Notary costs 2,006 € (1.01%)
Land register entry 1,034 € (0.52%)
Broker commission 0€ (0%)

* Costs for notary and land register were calculated based on the fee schedule for notaries. Assumed was the notarization of the purchase at the stated purchase price and a land charge in the amount of 80% of the purchase price. Further costs may be incurred due to activities such as land charge cancellation, notary escrow account, etc. Details of notary and land registry costs

Does this property fit my budget?

Estimated monthly rate: 840€

More accuracy in a few seconds:

By providing some basic information, the estimated monthly rate is calculated individually for you. For this and for all other real estate offers on ohne-makler.net

Based on equity 20% of the purchase price plus the purchase incidental costs / 10 years fixed interest rate / 2% initial repayment / Effective interest rate 4.33%

Details

Condition
Renovated
Level
Higher than 5th floor
Usable area
7 m²
Bathrooms (number)
1
Number of underground garages
1
Flooring
Vinyl / PVC
Heating
Central heating
Year of construction
1964
Equipment
Balcony, Fitted kitchen
Infrastructure
Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport

Information on equipment

The apartment was renovated in the spring of 2021 and is presented in a modern condition:
- Kitchen: Modern fitted kitchen (2021) including all appliances.
- All water pipes and electrical wiring in the apartment have been replaced.
- Bathroom: Renovated shower room with high-quality fixtures and modern tiles (2021).
- Flooring: High-quality design vinyl flooring with a wood-look finish, as well as tiles in the bathroom and kitchen (2021).
- Balcony: Spacious outdoor area with unobstructed views to the south, featuring a new awning (2023).
- Windows: Double-glazed windows for good energy efficiency.
- Additional features: A private storage room (approximately 10 square meters) and a secure underground parking space are included.

In 2024, a new awning and a pigeon net were installed on the apartment's balcony.

Location

The Alzeyer Straße offers excellent infrastructure in the western part of Frankfurt.
- Mobility: The S-Bahn station "Frankfurt-Nied" and tram lines 11 and 21 are within a few minutes' walk.
- Ideal for commuters: Only about 10 minutes by car to the Höchst industrial park or Frankfurt Airport.
- The city center of Frankfurt is only about 10-15 minutes away by car.
- Local amenities: A supermarket (Nahkauf) is located nearby. Pharmacies, doctors, and other shopping options are within walking distance.
- Leisure: The nearby Nidda riverbank offers opportunities for walks and outdoor activities.

Location Check

Shopping
Sports
Eating Out
Health
Public Transport
Child Friendliness
Culture
Nature
Nightlife

Energy

Energy efficiency class
E
Energy certificate type
Demand certificate
Main energy source
Gas
Final energy demand
134.10 kWh/(m²a)

PDF

Miscellaneous

This property is being sold privately, so there are no real estate agent fees.

Monthly service charges: approximately €273 (including garage).

Energy: Energy performance certificate (134.1 kWh/(m²a), Class E, gas central heating).

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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Offer from: Björn Berezowski